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A COO only has 3 high level things to do (sounds easy but is really hard because it is a blank slate)

1) Figure out what needs to be measured (KPIs, metrics, etc) in specifics

2) Be able to measure items listed in step 1 accurately and timely

3) Make changes to improve what you are measuring (efficiency, volume/counts, speed/rate, etc)

Keep repeating steps 1 to 3


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Save 50% of all the revenue for taxes


too many crappy websites, probably needs a "committee" to whitelist domains (only good quality ones) but probably too much work for not enough money or needs some monetization strategy


homebrew is the BEST!


using fabric for deployments (fabric2 kind of a pain but almost got most things ported over) even if our main app is in PHP



The point is that your ENTIRE team will be in Europe or Singapore so there will be no time delay between them ... the US team/person will be the odd man out


If you want a "safer" financial outcome, quitting your job and starting your own thing is NOT the answer.

If you can do your product without raising money by actually making sales (bootstrapping) and making a profit every month, then this is more "safer" than raising money as you will lose control over your financial outcome. The successful ones (there are not a lot) get a lot of press but there are a lot more failures with raising money and then figuring out profit


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