Le petit guide de la startup (Sam Altman - Y Combinator) - Google Docs. Why do Fast Followers often beat the First Mover innovators? Innovation drives our industry, attracts the best talent, attracts VC money, and wins fame for its leaders.
Innovation leaders burst onto the scene, win early market leadership, but sometimes can't sustain the pace. Why do "fast followers" often jump in later and make fortunes? Is management responsible for the success or failure? Or, are these innovation leaders acquired by larger players before they have a chance to evolve into successful stand alone companies? I have been on the leading edge, sometimes bleeding edge, of technology for most of my career. Before exploring the reasons for success or failure lets review a list of innovation leaders and fast followers. All of these companies were innovation leaders and market leaders. Clayton Christensen wrote The Innovators Dilemma which I reviewed in an earlier post. AltaVista was the first search engine and the clear technology leader. 10 Quotes on Persistence to Help You Keep Going. Entrepreneurship is a labor of love, and like any great love, that often means a lot of passion and a lot of persistence to reach your happily ever after.
There are set-backs and failures and successes and triumphs, but it just may be that all those peaks and valleys are what make being an entrepreneur so great. Related: Remember, Persistence Pays Off. Stay Motivated With These 5 Tips. The one ingredient you’ll always need for the journey of entrepreneurship is persistence. It can take your further than any other quality alone. Energy and persistence conquer all things. -- Benjamin Franklin. Y Combinator: Startup Ideas We'd Like to Fund. Startup Ideas We'd Like to Fund Paul Graham July 2008 When we read Y Combinator applications there are always ideas we're hoping to see.
In the past we've never said publicly what they are. If we say we're looking for x, we'll get applications proposing x, certainly. Find The Right Startup Idea. 18 Aug 5 Things You Need To Consider About Your Startup Idea Posted at 03:41h in Blog by Jonathan Chan There are many steps that need to be taken in order to be a successful entrepreneur.
Whether it’s learning how to keep a handle on your stress, or fear of failure, or even technical skills such as learning how to best utilize social media. Being an entrepreneur is a long and arduous journey. And the journey of a thousand miles begins with a single step. Frighteningly Ambitious Startup Ideas. March 2012 One of the more surprising things I've noticed while working on Y Combinator is how frightening the most ambitious startup ideas are.
Forbes Welcome. 6 Skills Every Startup Team Needs. So many tech startups begin the same way: One founder, one dream and a plan to make it happen.
Most businesses stay that way - there are many more solo entrepreneurs than business owners with employees. But to succeed, most startups need a much broader set of skills and experience. If you intend to build a scalable business, you know you can’t do it alone. If you plan to get funded, you need to build a team - a complete, kickass team - that will both get the job done and impress the money people. And you need to do it sooner rather than later. To learn more about how your startup can find, hire and keep the top talent and quality workers it needs to succeed, download this free ReadWriteWeb Report: The Talent Wars: Today’s Toughest Startup Challenge. 50 Quick Productivity and Business Tips for Early-Stage Entrepreneurs. At Techstars, we talk a lot about productivity, email, getting things done, basic business development and fundraising culture.
Below is a collection of general tips we give our founders. While nothing is ever universal, these are generally helpful for any startup, especially for first-time founders. Productivity. S Don't Overthink Things. They Make a Decision and Go With It. Are you overthinking it?
I have a simple theory about why entrepreneurs fail to move forward with their projects: They spend too much time weighing their options. I constantly stress the importance of doing one’s homework. Studying whatever it is you want to master is essential to your success. The only thing that matters. Jun 25, 2007 This post is all about the only thing that matters for a new startup.
But first, some theory: If you look at a broad cross-section of startups -- say, 30 or 40 or more; enough to screen out the pure flukes and look for patterns -- two obvious facts will jump out at you. First obvious fact: there is an incredibly wide divergence of success -- some of those startups are insanely successful, some highly successful, many somewhat successful, and quite a few of course outright fail. Second obvious fact: there is an incredibly wide divergence of caliber and quality for the three core elements of each startup -- team, product, and market. At any given startup, the team will range from outstanding to remarkably flawed; the product will range from a masterpiece of engineering to barely functional; and the market will range from booming to comatose. Dropbox Startup Lessons Learned. 11 Things I Wish I Knew Before Starting My First Startup. The 5 Mistakes Standing Between You and Your First Million.
Creating a seven-figure business online was improbable 10 or even just five years ago, but as technology improves globally, there are more seven-figure earners than ever before.
The total number of millionaire households reached 9.6 million in 2013, but has topped 10.2 million already in 2015. With the technology, resources, mentorship, research, and information available it’s becoming easier than it has in the past. Sadly, most still won’t reach the seven figure annual mark. Why? Learning is not the problem for most people, and lack of information surely isn’t the problem, as there is more than ever before. 1. Seeking perfection has lost me more than $100,000 the last couple years. Test all your crazy ideas. 16 Things. How to know if your business idea is good. Before the founders of Innocent Smoothies decided to throw in their jobs to focus their fulltime attention on building their business, they chose to sell their product at a music festival.
They set up two bins underneath a banner that read: ‘Should we give up our jobs to start this business?’ One bin said ‘yes’, the other said ‘no’. At the end of the day the ‘yes’ bin was overflowing. Having proven there was a market for their product, they resigned the next day, and went on to create one of the UK’s most popular beverage brands of recent times. The founders of Airbnb also tested the market before throwing everything on the line to start their business. Before the Startup. October 2014 (This essay is derived from a guest lecture in Sam Altman's startup class at Stanford. It's intended for college students, but much of it is applicable to potential founders at other ages.)
One of the advantages of having kids is that when you have to give advice, you can ask yourself "what would I tell my own kids? " 8 Entrepreneurial Stars Share Their Secret Sauce to Success. Your road to success will be unique, but there are certain common themes that everyone must overcome to truly reach their business potential. I recently asked eight entrepreneurial rock stars to lend some insights into their secret sauce for success. Think of this advice as the last tweets, the final epitaph on their tombstones and their legacies -- it’s the single most important slice of wisdom they could leave behind for you to follow in their entrepreneurial footsteps. Image Credit: Emerson Spartz 1. The 18 Mistakes That Kill Startups. October 2006 In the Q & A period after a recent talk, someone asked what made startups fail.
After standing there gaping for a few seconds I realized this was kind of a trick question. It's equivalent to asking how to make a startup succeed—if you avoid every cause of failure, you succeed—and that's too big a question to answer on the fly. 5 Management Mistakes Almost Every New Entrepreneur Makes. 12 Steps to Go From Employee to Entrepreneur. The Best Conditions For Building A Unicorn. If you were looking to build a company, and you were looking to build a unicorn, what conditions should be present for the best chance of success?
2014 Internet Trends. Email Marketing Software Review 2015. 3 Reasons Why Running Out of Money Will Make You a Better Entrepreneur. Until not too long ago, I made a healthy living as a medical device salesman. It was a job I loved and thought would be my sole source of income for the indefinite future -- until something happened. 5 Things Successful Entrepreneurs Do Differently. Every entrepreneurial story is different and unique but each one begins with someone starting something and taking a chance on a dream. Sometimes it turns out big and other times it fails. Either way, they keep moving forward and getting stuff done. Metrics in two-sided marketplace startup. AARRR Metrics - StartupRunner Capital. The AARRR Metrics for Marketing/Product Fit Strategy Dave McClure creator of the AARRR Metrics, also cofounder of 500Startups, argues that for a startup founder/CEO to be successful, one should only focus on 5 key metrics.
He believes startups are building too many features and spending too much money before they know if their product is going to have a good market/customer fit and produce revenue. The Angel VC. The formula to go from zero to VC-funded in seven slides. InShare9 by Jean-Louis Gassée In practice, the three slide pitch may be impossibly concise. This week, we’ll look at the seven slide variation. After last week’s Monday Note, Three Slides Then Shut Up – The Art of The Pitch, I was subjected to a bit of email ribbing. 30 Startup Lessons. 1. Building Minimum Viable Products (MVPs) is easy. 6 Tips For Avoiding Financial Disaster When Starting a Business. Starting your own business could be the ticket to the personal autonomy and financial independence you’ve always wanted. The 3 Essentials of Expanding Into Other Countries.
How to Determine If There's a Market for Your Business Idea. Pitch Perfect: How to Turn a No Into a Yes. 13 Habits of Exceptionally Likeable People. 8 People You Should Hire to Grow Your Startup Fast. 19 Ways To 'Kill It' at Your Next Networking Event. Aspiring Entrepreneurs: Before You Quit Your Job, Do These 4 Things. The Simple Math Behind Every Profitable Business — Customer Lifetime Value — Evergreen Business Weekly.
How to Seize on the Single Greatest Global Shift in 5,000 Years.