“Service businesses have to be profitable within their first year. They must be otherwise, or at least break even at the very least break even, right?”
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More from Oshree Cohen
Opinion
Cohen: Tech startup equity is a lottery ticket destined to lose
“Equity in, in startup land for your little dinky web you know, startup and whatnot, even if you raise fifty million or whatever it is, is a lottery ticket. You're going to win or you're going to lose. You're 99.999999% going to lose. It's worth less than toile…”
Oshree CohenJan 9, 2024▶ 43:19He Raised His Price 3x and Got More Leads Than the Cheaper Version
Insight
Cohen: OpenAI killed document wrapper startups by launching native PDF chat
“I mean, open AI, for example, right now, now allows you to upload a PDF file, right? Those are the upload PDF and talk to it. How many startups did that just kill? Startups and businesses, right? There are so many that came up and said, Ooh, we're going to par…”
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Cohen: Amazon copies third-party products to undercut sellers out of business
“They just undercut the seller completely run them out of business because they sell it at way cheaper and ship it much faster and that for, and probably manufactured better.”
Oshree CohenJan 9, 2024▶ 16:32He Raised His Price 3x and Got More Leads Than the Cheaper Version
Insight
Cohen: Entrepreneurs Do Not Belong in Corporate Environments
“Entrepreneurs do not belong in a corporate environment. It is completely illogical to have an entrepreneur, creative, free thinker in, in, in an army of drones that have no soul, right? They just, you know, they shuffle around doing their job and they don't th…”
Oshree CohenJan 9, 2024▶ 25:52He Raised His Price 3x and Got More Leads Than the Cheaper Version
Insight
Cohen: Early-stage startups need only developers and founders, not managers
“Cause startups don't need like a leadership hierarchy at the beginning. You don't need directors and managers and whatnot. You need developers and then you need the founders. That's it.”
Oshree CohenJan 9, 2024▶ 30:25He Raised His Price 3x and Got More Leads Than the Cheaper Version
Opinion
Cohen: Custom dev agencies act predatorily to inflate billable hours
“You're going to hire, you want to hire a custom dev agency. I used to be one. I know how, how predatory they can be right in order to raise their billable hours. And they're not, and I know how they're not going to give you the best advice. And they're never g…”
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