Phrases you hear in the entrepreneur world and their real meaning
1. “We are going to be in break even in three months” means “we are not considering 90% of our costs”.
2. “We are unique because our algorithm…” means “we are unique, ok???, no more comments”.
3. “We have no competition” means “we are doing this because we like it, so we never spent 5 seconds to search on Google”.
4. “Our valuation is…” means “Any seven figure number and it’s yours”.
5. “Our product fits client needs because people like” means “we like…”
Not having a data-driven culture has a cost.