As a peon for the average corporate farm-team, research has shown that the single most important factor in improving one’s odds of career advancement is having sex with the right people. Assuming of course, you’re not a total anchor in the sack.
To be fair, I’m having difficulty tracking down the precise research that uncovered that ranking, but I’m sure that I read it / heard it / made it up somewhere respectable. Plus, just look at the evidence in the media.
Ronald Miller, Patrick Dempsey’s character in “Can’t Buy Me Love”, was on a bullet-train to Dorkyo before Cindy Mancini pretended to be his girlfriend and got him instantly promoted to Most Influential Guy in School.
And what about Hilary Clinton? Do you think she’d have any chance at the presidency if she hadn’t had second-degree-sex with Monica Lewinsky?
Unfortunately, the same rules don’t apply to a startup trying to find their legs over terrain that paradoxically may not have the surface area to support them unless they succeed.
With no shortage of rectally proportionate opinions and a history book logging more Guys Next Door than Backstreet Boys, what really is the biggest determining factor in the success of a startup?
Bill Gross, founder of Idealab, actually ran the numbers.
He says it’s timing.
“20 years ago, I started Idealab, and in the last 20 years, we started more than 100 companies, many successes, and many big failures,” said Gross in his popular Ted Talk from March of this year. “I wanted to find out what actually matters most…So I tried to look across what factors accounted the most for company success and failure…and I wanted to be systematic about it.”
For all 100 Idealab companies and 100 outside companies of broadly ranging levels of success, Gross, as carefully and quantitatively as he could, analyzed their manner, matter and merits across five qualities: the idea, the team, the business model, the funding and the timing. When all was said and done, his analysis suggested only one quality that convincingly tipped the scales.
“The number one thing was timing,” he says. “Timing accounted for 42 percent of the difference between success and failure. Team and execution came in second, and the idea, the differentiability of the idea, the uniqueness of the idea, that actually came in third.”
While Gross has split up the timing and the idea based on concepts like differentiability and uniqueness, I actually think those are two of the very concepts that smash the factors together and support a philosophy that an idea is almost nothing without its distinct timing.
To me, the ultimate question about the future of a startup is, “At this time, does your product solve a “FUCK THIS” problem? Is your idea the solution to a big “FUCK THIS?””
What’s a “Fuck this” problem? Well I’m super fucking happy you asked.
At a conceptual level, this perspective is quite similar to Mark Manson’s absurdly viral dating and relationship advice from 2013 entitled, “Fuck Yes or No”. The advice, or the “law” as he articulates it, is simple:
“The Law of “Fuck Yes or No” states that when you want to get involved with someone new, in whatever capacity, they must inspire you to say “Fuck Yes” in order for you to proceed with them.”
We all know what “Fuck yes” means. It means, “Every single part of me right now is IN!”
So you can imagine what “Fuck this” means. It means, “Every single part of me right now thinks this is bullshit and there has to be a better option.”
Therefore, the law of “Fuck this” for the startup world could be summarized as such:
It’s emotional, it’s significant, it’s deliberate and most of all, it’s something that’s happening right now.
The best example I can think of, and one that Gross references in his speech, is Uber. He’s right that the timing was great for drivers because they were “looking for extra money”. But if we’re talking about earning a passionate user following and opening up the opportunity for wild exponential growth, you should look at what UberX meant to passengers.
I’m from Toronto and over the last several years, our taxi situation had gone from solid to offensive. Every time someone got in a “medallion”-sanctioned taxi cab – if they were allowed in based on the estimated value of their fare – they saw $4.50 bleeding at them on the meter before the car even budged, were usually told they could only pay cash because “the machine not working”, and thus, had no choice but to shake their head, bark out an intersection, and say to themselves, “Fuck this”.
Instagram, another example Gross uses, launched in 2010 when Facebook was hot on the trail of 600 million globally spread users. But while the numbers were growing, so was a misplaced resentment towards the world’s most popular social network.
As a result of its popularity, every prodigal spammer, creepy high school stalker, over-sharing suicide risk and so-hip-my-hip-won’t-break grandmother was creating a profile. Then, like IQ points in a Rush Limbaugh segment, they started dropping billions of intolerable posts, messages, statuses, likes and friend requests. “Popular” users felt overwhelmed and claustrophobic, quickly remembered that words are hard, sighed a collective “Fuck this”, and got a fresh new start with the seemingly less intrusive, photo-focused Instagram.
I encourage you to go through big examples and extrapolate the “Fuck this” factor; it’s inspiring.
There are of course exceptions (e.g., Games) and you’re more than welcome to try defining a space. You could succeed using a number of different angles, but these days it’s probably not the wisest one to lock yourself into what amounts to just a “smart”, “unique” or “differentiated” idea.
In a world where people love blowing tech bubbles like they were the original gum-chewing “Valley” girls, and where learning to code is cooler than getting laid because, well, now that actually gets you laid, you should be trying to fix a pertinent, proper “Fuck this” problem.
Not just making something a bit more painless or a bit more fun.
As I write this, I can’t help but think about Jumpin Lab’s, Geronimo email app. It just launched yesterday. The app’s founder, Eric Lukas, told Wired that he is “…trying to re-humanize email” by, as Wired puts it, filling the app full of “not-quite-intuitive gestural interactions that make sorting and deleting email feel a bit like playing a game.”
As a result, alongside some handy organization experiences, he seems to have commendably crushed it when it comes to being “unique”.
But when we use our email clients and we say, “Fuck this”, we’re really only saying it because we’re dealing with so many bloody emails. After that point it’s a matter of efficiency, and as years of usage would suggest, the big guys have pretty much nailed it. So what problem are they really solving? It doesn’t feel like “Fuck this” kinda problem, does it.
Maybe it’ll turn into something, maybe it won’t. I’m certainly not trying to pass this off as black and white law; I don’t have all the answers and while my balls might be made of wrinkled steel, they’re certainly not made of crystal. But I’ve seen some stuff in my day and it aligns with what I’d consider pretty convincing conclusions from Bill Gross.
I think it’s safe to assume that if you can’t find many people saying “Fuck this” to the alternatives of today, you’ll probably find a lot of people willing to say precisely that to your unique idea when you force them to hear about it tomorrow.
Ben is a Toronto-based writer and public speaker with more than a soft spot for 90s hip hop. He has spent over 10 years in business & tech, more than 20 in the arts, and an entire lifetime in a state of perpetual judgment (highly recommended). He is the author of the blogs This Is Your Brain on Dating and Love Gone Cray and can be found pontificating on Thought Catalog, Notable.ca, The Toronto Standard, Offline Magazine, Gasm.org and Huffington Post.
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This is why it is so important for today’s startups to get out there and make the world say WTF!~?!? Get their attention and you will see a major shift in the consumer’s response to your products.
I read this paragraph fully on the topic of the comparison of most up-to-date and earlier technologies, it’s awesome article.
When some one searches for his necessary thing, thus he/she desires to be available that in detail, therefore that thing is maintained over here.
Very good point!
Makes sense. Time to reevaluate our business and marketing plan. To the Planning-mobile!
You have a planning-mobile???? Now THAT’S fixing a “Fuck This”.
This is a great point. The article hits all of the right keys and really gets my brain going on this topic. Thank you so much for posting about it!
My pleasure! Glad it struck a chord.
Sensational article sir. I think big Hill’s success come not from second degree sex with Monica, but with first degree sex with Billy C. I think the timing aspect of launching a startup is absolutely huge if you want to hit critical mass. You gotta come along at the right time and solve something that NEEDS to be solved yesterday. If you can accomplish this you will have a winner on your hands. That being said, now everyone wants a startup mobile app and you get a lot of duds. It’s because they didn’t address some huge need of the community at the right time.
Fuck yes or no seems to be a good barometer for launching a startup that you want to go mega huge. I’m sure there’s room in the middle for the needs that aren’t as big, but why waste time and investment on stuff like that if you don’t feel like you have an absolute smash hit? Under this model, I am thinking whether grubhub is a fuck yes. I mean, did people really need to get delivery from restaurants? I think that’s more of just a want, but it seems to be working for them.
There is definitely room in the middle (or at the bottom) – but I think with this as (at least) a fuzzy benchmark, you’re probably playing a little smarter. As for sex with Billy C….debatable 🙂