One of the reasons why start-up companies fail is because the management insists on making their product perfect before shipping. A fatal mistake, especially in a technology industry. Technology changes rapidly and a product can always be made better. If you wait to incorporate all the new features, someone else will probably beat you to market.

But, before you go off and start shipping crap, take heed to the next suggestion from Guy:

“Churn, baby, churn. I’m saying it’s okay to ship crap–I’m not saying that it’s okay to stay crappy. A company must improve version 1.0 and create version 1.1, 1.2, … 2.0. This is a difficult lesson to learn because it’s so hard to ship an innovation; therefore, the last thing employees want to deal with is complaints about their perfect baby. Innovation is not an event. It’s a process.”

So there you have it. Start shipping your products now. Keep innovating and let your competitors play catch up with you.