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Startup Lessons Learned

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Book me? booking@vidarandersen.com Feel free to embed and share the slides. These are my personal Startup Lessons Learned. I've used these slides to present at events and universities around the world. I claim fair use on the imagery used.

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Startup Lessons Learned

  1. Startup Lessons Learned Don’t repeat the same mistakes as everyone - Make your own
  2. Startups - Don’t Do It 80% - 90% of all startups fail
  3. Forget The Money You will not get rich doing a startup
  4. Do It Because You Love To It’s all about the passion
  5. Screw Your Idea It’s all about execution - Talk less, do more
  6. Solve A Real Problem Don’t be a solution in search of a problem
  7. Start With The “WHY?” Then work backwards to the HOW and the WHAT
  8. Screw Your Business Blan No one cares about your damned lies
  9. Business Model Canvas Understand the business you are trying to create instead
  10. It’s All About People Not about technology, ideas or business plans
  11. Everything In Writing Get it written down in signed contracts before you start
  12. Talk To Everybody Screw NDAs - Get as much real world feedback as possible
  13. Don’t Build It Because they won't come - Create an MVP and iterate
  14. Speed Is Of The Essence Fail fast, fail soon - Build, measure, learn - Repeat
  15. Culture Is Everything Values, mission and vision is critical for your success
  16. Raise The Bar Expect good, get average - Expect greatness
  17. Empower Good People Give ownership, trust in autonomy, support pro-activity
  18. Beware Of Vanity Metrics Don’t get fooled by stuff that doesn’t matter
  19. Silence The Lizard Brain Don’t give in to irrational fear - We have two brain systems
  20. Communication Is King Over-communicate
  21. The Hero’s Journey An exercise to try at home, kids!
  22. Win New Friends And influence people
  23. Dissent Makes Excellence If you have only yes-people you are doing it wrong
  24. Don’t Be The But-f*er Say “Yes, AND...” - Practice improv comedy
  25. Embrace Failure Post mortem, kanban, continuos deployment, 5 whys
  26. Get Lean Start validating learning - Use the Scientific Method
  27. Customer Development Talk to customers, learn, test, pivot - Rinse, lather, repeat
  28. Get Out Of The Building Talk to customers outside that will tell you your baby is ugly
  29. Learn, Learn, Learn It’s a continuos process - you will never arrive - JFGI
  30. Listen To Your Users Look for reoccurring patterns, not noise from early adopters and freaks
  31. Record Everything Don’t build it if you can’t measure it - Data is king
  32. Reach Out & Connect To anyone, anywhere - You have The Internet
  33. Ask For Advice Get money - Ask for money get advice
  34. Follow Your Gut Listen to good advice - But don’t take it
  35. Build Relationships Early Getting funded is a long process - Start early
  36. Help Other Entrepreneurs Real entrepreneurs help other entrepreneurs
  37. Let’s Connect! @blacktar facebook.com/Blacktar vidarandersen.com

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