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Billion Dollar Startup Advice from Y Combinator

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Y Combinator is an incubator for startups but that description doesn’t quite capture it’s influence. It’s one of the world’s largest and most successful incubator in the world launching companies like Dropbox, AirBnB, and Reddit. For a while, this secret enclave was only passing out its billion dollar secrets to a select few, but then Y Combinator did something crazy. They decided to give away their secrets online for free. Prepare to unleash your inner hoodie because I’m going to give you their top 18 tips to launch your startup into the stratosphere.

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Billion Dollar Startup Advice from Y Combinator

  1. 1. Billion $ Startup Advice from the Best Tech Incubator in the World
  2. 2. Don’t think of startup ideas to start a startup.
  3. 3. You want an idea that people think is a bad idea but is really a great idea.
  4. 4. Be an expert in your user.
  5. 5. Better to make something a few people LOVE than a lot of people Like
  6. 6. Competition is for losers
  7. 7. Get a co-founder
  8. 8. Model your co-founder after James Bond
  9. 9. Youshould be able to summarize your startup in one sentence.
  10. 10. Delight and Surprise your Customers.
  11. 11. Create a tight feedback loop.
  12. 12. Work Harder
  13. 13. Forging a company is harder than forging a product.
  14. 14. Hire people so talented they intimidate you.
  15. 15. When hiring your first 10 employees If you don’t get that right you’re screwed.
  16. 16. “Would you work here if you only had one more year to live?” Ask applicants,
  17. 17. Your job as CEO is to Simplify
  18. 18. Your Culture is Your Brand
  19. 19. Don’t claim to change the world until you’ve changed it …but do try!