Condensed : Art of Start

Don't waste your time in market surveys, statistics... just get going. Here a...

2006-09-28T06:37:30.375Z

Don't waste your time in market surveys, statistics... just get going. Here are three key points :

Think Different
    Stand out from the crowd. Invent your new markets
    Innovators strive to jump to the next curve

Polarize people
    Has to do with above keypoint. You may disappoint some people by your ideas, concepts or products, but they are not your target.
    Focus on your real one, and you will have many of them (maybe not all of them).
    Create something that people love or hate. Don't create mediocrity.

Find a few soul mates
    Solo entrepreneurship is not so good. You cannot be good at anything think of Synergy.
    Steve Jobs had Steve Wozniak.
    Bill Gates, Steve Ballmer

Make Evangelists As they are committed to making the world a better plac...

2006-09-28T21:22:18.760Z

Make Evangelists
    As they are committed to making the world a better place. They don't need to be your employees. It's actually even better as they would look partial.
Hire "infected" people
    If you hire these people, they will be devoted to foster your company.
Hire better than yourself.
Don't be afraid or will end up in "bozo explosion".

Let 100 flowers blossom
     You thought of everything, but customers you never anticipated, buy your products.
     and use it a way you did not expect.
     Take whatever money the market gives you.

Watch this amazing video and you will be convinced to ...

2006-09-28T21:50:47.565Z

Watch this amazing video and you will be convinced to ...

Amazon.com: The Art of the Start: The Time-Tested, Battle-Hardened Guide for ...

2006-09-28T21:31:06.012Z

get the book !

The Art of the Start: The Time-Tested, Battle-Hardened Guide for Anyone Starting Anything

Milestone e.g "Finish Design", so you ha...

2006-09-28T21:47:02.166Z

Milestone                                     e.g "Finish Design", so you have a goal.
Assumption                               and check them. How many phone request a day can we handle ?
Task                                            Use them for achieve milestone or check assumption.

Be specific Don't think global. Don't say : We will have 100000...

2006-09-28T06:40:59.555Z

Be specific
   Don't think global.
   Don't say :
   We will have 1000000 eyeballs that we will monetize them all.
   Instead, think how will I get our money out of this customer's purse.
Keep it simple yet realistic
   Don't innovate with business models. Have a down-to-earth approach.
   It cost me $1 I sell it 5, with a 20% margin.

Ask women
   Ask women about your business model. They are smarter.
   Men tend to have very primal ideas : they just want to kill the competition.

dotcomcorner.png (Image PNG, 457x286 pixels)

2006-09-28T19:51:31.485Z

Signum sine tinnitu--by Guy Kawasaki: The 10/20/30 Rule of PowerPoint

2006-09-28T20:57:25.538Z

For presentation :

* "10" - Optimum number of slides in a presentation. Because people being cannot comprehend more than ten concepts in a meeting.
* "20" - Number of minutes for presentation. Because afterwards attention decline and you must leave some room for delay, and discussion. *
* "30" - Size of font on slides
As much text as possible is jammed into the slide, and then the presenter reads it. However, as soon as the audience figures out that you’re reading the text, it reads ahead of you because it can read faster than you can speak. The result is that you and the audience are out of synch.

The reason people use a small font is twofold: first, that they don’t know their material well enough; second, they think that more text is more convincing. Total bozosity. Force yourself to use no font smaller than thirty points. I guarantee it will make your presentations better because it requires you to find the most salient points and to know how to explain them well.

The ten topics that a venture capitalist cares about are:

Problem

Your solution

Business model

Underlying magic/technology

Marketing and sales

Competition

Team

Projections and milestones

Status and timeline

Summary and call to action

veotag :.. Tech Coast Angels

2006-09-28T19:28:59.619Z

Don't worry - be crappy
When you have elements of crappiness, its ok, since it's a revolution.
If you wait for the perfect world, then you will never ship. The way is "Ship it and then test it.
Note created Sep 28, 2006
veotag :.. Tech Coast Angels - www.veotag.com/...

Churn baby churn

It's ok if your revolution is crappy, but then you have to make it better and better. A revolution is not an event, its a process.
Note created Sep 28, 2006
veotag :.. Tech Coast Angels - www.veotag.com/...

People, bozos, will try to grind you down but as an entrepreneur, you just need to ignore this negativism, but accept criticism.

Rule No. 4: Get Going :: AO

2006-09-28T21:10:38.497Z

But many people have problems with getting going: They want validation; they want risk reduction; they want to know there's going to be a marketplace and that there will be customers waiting. But you know what? You can't know that. You need to get going. This is a key step

I think the world is essentially divided into two groups: the prototypers, the people who build stuff, and the typers, the people who think the key to entrepreneurship and innovation is Microsoft Office. If you think that the key to innovation and entrepreneurship is Microsoft Office, something is wrong with you. If you're thinking, 'I have to write a business plan with Word; I need to create a pitch with PowerPoint; I need to build a 30-page financial model with Excel,' you're on the wrong track. The key to all of this is to prototype, not type.