Re: [entrepreneur-733] STARTUP ADVICE in about 3 Words - Sil Vy Entre Meetup

From: Satyajit S.
Sent on: Friday, February 12, 2010 4:43 AM
Based on that post of Peter.

- Satyajit
iRewardChart: "Smart parents, smart kids, and a smartphone"���
Twitter & Facebook: @iRewardChart

From: Satyajit <[address removed]>
To: [address removed]
Sent: Sat, January 16,[masked]:42:01 AM
Subject: Re: [entrepreneur-733] STARTUP ADVICE in about 3 Words - Sil Vy Entre Meetup

This is a really good post Peter!

While "Avoid tempting distractions" is a good advice, but we did that, and may be got lucky with it. We started a a social gaming site early last year (before I talked with you), but towards Sept, we came up with a very compelling iPhone app idea, and decided to take a diversion. Were able to launch after few months. During this one&half month of release many blogs (including TechCrunch article) have helped us keeping the momentum going.

Regardless, a great list there... and with your permission, I will post it on my blog.

- Satyajit

iRewardChart: "Smart parents, smart kids, and a smartphone"���
Twitter & Facebook: @iRewardChart

From: Peter <[address removed]>
To: [address removed]
Sent: Sat, January 16,[masked]:32:02 AM
Subject: [entrepreneur-733] STARTUP ADVICE in about 3 Words - Sil Vy Entre Meetup

STARTUP ADVICE in about 3 Words
from [address removed], Organizer
5 Star Startup Services

Be stingy with your cash.
Pick Founders carefully.
Hire generalists early, specialists later.
Create your own culture.
Avoid tempting distractions
Support Cust fanatically.
Keep some 1 Pagers with you all the time. Pass ���em out.
Write Exec Summary
Keep you Biz Plan short
Have a Web Page, Blog.
Never fudge numbers.
Encourage diverse thinking.
Use your time wisely. Is it getting you closer to your goal/s?
Don���t Rent Space, till you absolutely have to.
Get enough sleep, so your brain is max effective.
Don���t give ground. Delay raising capital, till you have proven your model, and Investors cant resist you.
Survive the Downturn and you can ride the next Boom Wave to new heights.
Get just enough data, then decide.
Continuously improve your product/service.
Recognize revenue consistently.
Start charging early. Raise it when you have proven yourself.
Reward early adopters.
Talk to Prospects contin-ually, to tell them about your great Product and how it will help them.
Communicate your Dream to your Candidates. If they buy it, hire them !!
Nurture your best, coach the rest.
Treat vendors well.
Believe you���ve got the greatest thing that���s ever been created.
Respect your Competitors. Get to know their strengths; figure out how to beat ���em.
Try something new. New app, new distribution.
Build a brand & you���ll build momentum.
Focus, focus, focus on your core competency. Get better.
Use your own Product. Have your Staff use + Family & Friends. Get Feedback
Live your vision. Help your Staff catch your enthusiasm.
Encourage rational debate of new ideas.
Make decisions swiftly. Observe results, adjust accordingly.
Talk to those who are honest with you.
Face harsh realities. Just do it !!!
Remove obstacles
Guard your health. Maintain a good body & your brain will give facts at max.
Celebrate your successes.
Share your success with all who will listen.
Cancel unnecessary meetings.
Keep Staff informed of what���s happening.
Continually grow your Staff.
Maintain your relation-ships, network
Keep it fun. Take a break. Play !!!
A little Sales fixes most everything.
Ship early, get feedback, then test.
Under promise & over deliver
Be a ���lean��� machine and you���ll be a ���green��� machine - making money !!

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