This may not likely be the brilliant lengthy startup advice you are used to reading, but you might want to refresh your mind on the many pieces of advice you have heard or read. There are hundreds if not thousands of startup resources out there for both aspiring and existing entrepreneurs.
You may have come across some of these already but you can share with friend or colleague who may find it useful. You can also also share the most important startup advice you have ever heard with us in the comment box.
ON PEOPLE
# Be passionate and disciplined with a sense of urgency, leading others by example.
# Hire smart people who can actually get things done
# Encourage diverse thinking.
# Bring people on that get it, that contribute more than they take away.
# Work with the right people who know how to adjust the plan
# Surround yourself with success.
ON PRODUCT
# Be obsessed about your product.
# Get it out, evolve, iterate quickly and make it great.
# Release now and pay close attention to the feedback.
# Don’t hesitate to outsource stuff that isn’t core: Analytics, metrics, hosting, monitoring, feedback systems etc.
# Keep it simple. Simple revenue models, simple products, simple infrastructure. Simple is more and effective.
# Start marketing early, communicate with potential users, start a conversation around your product.
# Keep your UI and design simple.
# Get your product to market as quickly and as cheaply as you can.
# Under promise. Over deliver. Focus and execute.
# Listen to your customers closely.
ON GROWTH
#Know where you’ll be in 3 days, 3 months, and 3 years but be agile.
# Start early, build relationships, make them a part of your business.
# The only way to build a sustainable customer is to listen to customers, partners, suppliers and employees.
# Don’t do anything that you don’t need immediately.
# Things change, so be ready to adapt as and when needed.
# Cancel unnecessary meetings.
# Real startups are dirty, so jump in the mud right away.
# It’s okay to make mistakes. Move on when it happens and don’t repeat.
# Spend as little as possible to prove your concept.
# The longer you can go before asking for money, the better terms you will get.
# Manage Cash – make it your top priority.
# Create a plan and frequently review it with your team.
# You don’t need to build an entire product to go to market just a functional prototype can get you started.
