2Have a passionate purpose 1306 3Seek out spikes of talent 1298 4Better do 1 thing well than 10 things poorly 1297 5Be a better listener than the competition 1293 7Practice rapid prototyping 1289 8Be a ferocious learner 1288 10Build a bi-directional network, balancing taking with giving. 1269 11Think and act like you have nothing to lose 1257 13Better make a decision than no decision 1251 15Put your ideas down on paper! And create a structured businessplan. 1244 16Think big, start small 1234 17Have an exit strategy for your startup. You are always angling towards the right exit, and not get stuck. 1231 18Create a plan for SEO/SEM, including a social networking plan. Implement immediately. This is the foundation of modern business. 1231 19Do not shell out one cent until you have more money than time. Otherwise, do it yourself. 1231 20Set out success markers. In 6 months, 1 year, 1.5 yrs, 2 years, what is satisfactory success for you. When might you give up your startup? 1231 21Create a list of contacts related to your startup including weblink, contact name, email, and number. 1230 22Don’t take venture capital too soon, take it if you really need it 1230 23Bring your own money 1229 24Register your business and trademarks/patents appropriately. 1229 25Money from customers is better than money from investors. 1229 26Print out the homepage of your competitors or similar businesses. Make notes on it about what you like/dislike. Add to your business plan. 1229 27Co-work with likeminded folks. 1229 28Create a dedicated work schedule for your startup. Create a timeline. 1229 29Stay away from vampires and Zombies. These are people who sell services by making false stories. 1229 30Have crystal clear for yourself what your startup is doing in two years including where & with whom. 1229 31Make sure your business is scalable. Can you handle rapid growth, short sales cycle, or stagnation? How does this affect your expense/costs? 1229 32Bring your own money 1228 33Don’t just talk about your ideas, execute them. 1228 34Know your customers, talk with them. 1226 35Start with the end in mind, act like you would if you had reached your goal. 1216 36Know the market. Try being a customer. 177
Missing something? Submit a new candidate and get some votes!