My 10 Startup Rules
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Some of the rules that I apply to starting and running companies. Success is often fueled by understanding and driving simple mechanics vs. enabling complex corporate dynamics.
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My 10 Startup Rules
- 1. By Thomas Cornelius @thomascornelius thomas@cornelius.us MY 10 STARTUP RULES!
- 4. Update your website every 3 months
- 13. Bonus: stay flat
- 14. Bonus: build in your take
- 15. Bonus: READ
Notes de l'éditeur
- List of to do’s, planning for time, task/ goal list for sprint, DOING/ Sprint, Daily Check, Sprint Review, Finished Work, Sprint Retrospective >> apply to sales, marketing, hiring, etc
- Every repetitive task in operations, sales, development try to do yourself at least once.
- Review your presentation and update, change it to your new learned knowledge.
- Don’t be intimidated by a new industry, embrace it. You are always deeper into the latest research then established players, because you WANT to know, versus established players that “think they know”
- Partnering, selling to, listen to big companies will help you build relationships, learn and drive your own development. You may sell your business to the company later.
- Sales, Customer Advocates, Customer Service, Customer Satisfaction – are all reliant on great, functioning products.
- Revenue is the first step to profitability and companies only win finding a path to revenue. Don’t believe in Unicorns!
- Talk about earn out structures, myth of short earn outs, etc.
- Customers don’t know yet what they need – they guide you often in a wrong direction, based of existing truth vs. disruptive new innovations
- Have a flat hierarchy to build a reliable team, make hiring decisions together
- Don’t take leftovers, build in your take from the get go. Helps you to stay true to your own needs on a viable path to profitability!
- Blogs, books, social media!
- Failure sucks, but it is a short period and provides valuable lessons long term.