Tag Archives: knowledge

Tech Companies Need To Spend 98% Of Its Time On This To Be Successful

21 Mar

cyrus-massoumi-sitting-on-a-ball

Today’s advice comes from Cyrus Massoumi, CEO and founder of ZocDoc, via his interview with TechCrunch.

“If you look at all of the technology that we developed across our entire engineering team of the last four and a half years, there are really only four pages that a consumer would see, which represents maybe two percent of our intellectual property.

The other 98 percent is in the back-end.

Massoumi’s company ZocDoc has been a huge success since launching, but its rapid growth comes from constant back-end work, specifically focusing on trends taking place in other similar businesses. He said that even when you think you’ve got it to where you want it, occurrences will happen and more changes will need to be made.

“How do you accommodate that?  How do you make sure that patients have this great level of customer service? These are just some of the very few things. We like to say that ZocDoc is the culmination of 1,000.1 percent things.”

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Bath time!

28 Oct

Why Are You Doing This?

13 Sep

Today’s advice comes from Dave Morin, co-founder of Path, via his interview with Inc.com:

“We went through a period of time where we were listening to a lot of what everyone else was saying. We tried a few things. We thought it might increase the growth, might increase the engagement of the product. None of it was working.”

When the mobile social network first launched, adoption was slow and the company didn’t receive good press immediately.

In fact, the new business actually experienced a lot of negative feedback and had issues trying to figure out what they wanted to do with the business model.

After many failed attempts, Morin says that he and his co-founder had to sit down and think about why they were doing what they were doing.

“We realized the best products are designed by people who are designing it for themselves.”

In 2011, the co-founders redesigned the app and it has since been downloaded more than three million times.

“We’re trying to create a future and simplify it so that the most people in the world can use it. You need to stay true to your vision and your values.”

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