simple, yet deep entrepreneurial tips

/in

Marc Hedlund put up these tips to live by at ETech, Dane at Business Opportunities Weblog condensed them, and I remixed them here.

  • Losing sucks
  • Building to flip is building to flop
  • Prudence becomes procrastination
  • Momentum builds on itself
  • Jump when you are more excited than afraid
  • Pay attention to the idea that won’t leave you alone
  • If you keep your secrets from the market, the market will keep its secrets from you
  • Immediate yes is immediate no
  • Build what you know
  • Give people what they need, not what they say they need
  • Your ideas will get better the more you know about business
  • Three is fine; two, divine
  • Work only with people you like and believe in
  • Work with people who like and believe in you, just naturally
  • Great things are made by people who share a passion, not by those who have been talked into one
  • Cool ideas are useless without great needs
  • Build the simplest thing possible
  • Solve problems, not potential problems
  • Test everything with real people
  • Start with nothing, and have nothing for as long as possible –
  • The best investor pitches are plainspoken
  • No means maybe and yes means maybe
  • For investors, the product is nothing —
  • The best way to get investment is not to need it