Archive for February, 2007

Rule # 8 -Do not NOT follow good advice.
February 28, 2007

One of the best resources you can have in getting your venture up and running is to talk to other people who are successful in business and get their advice on everything from office space to marketing techniques.  While it would be most helpful to talk to someone who is in the field you are [...]

Rule #7 - Sometimes, “That’s not my job…” is the right answer
February 20, 2007

This was addressed a bit in the post on partners, but it is worth it’s own mini-post. Sometimes, despite your best intentions and hard work, it is important to realize that not everything is your responsibility, nor should it be. For starters, you aren’t helping the other members of your team by [...]

Rule #6 - The “Ninety / Ten” Rule
February 16, 2007

Take a piece of paper, right now, and write down in one sentence what your idea is and/or what it does.
Now, write down what it does in 5 words or fewer. Next, 3 words. Then 2. Grammar isn’t important. However, every idea should be able to be described with a single [...]

Rule #6 and 1/2 - Be the Rolling Stones
February 15, 2007

No doubt you’ve been dreaming about your idea for a long enough time to imagine exactly how you’d like to see it unfold. Maybe something like the YouTube guys would be good: build it, get popular quickly, sell to Google in a year and a half for a billion dollars, make the cover [...]

Rule #5 - “Why” is more important then “What”
February 14, 2007

The reasons you are embarking on this new project, venture, idea, or business are infinitely more important then what the project is. The reason is simple: your ability to overcome adversity, how you respond to change, and ultimately, your execution are going to be guided almost exclusively by “why” you got yourself involved [...]

Rule #4 - Solving the problem of Co-Founders
February 13, 2007

There is no shortage of talent out there willing to join up in your venture. There is no shortage of talent out there willing to work for free, work long hours, follow your lead, and generally behave exactly as you envision in your minds eye. These talented people will gladly listen to [...]

Rule #3 - Good news! Your great idea probably stinks
February 12, 2007

Face it, your idea is probably not that amazing. I’m being serious. Chances are that no matter what idea you have for a product or website or business, it’s not all that amazing in the grand scheme of things and is likely to be equally un-amazing to the huddled masses upon which you [...]

Rule #2 - No, you don’t need to raise money right now
February 9, 2007

There is a tendency, especially in tech startups, to believe that adding someone else’s money in to the equation early on will help solve a number of the problems you’re bound to face. Better to be safe then sorry, they say. Angels, VCs, Banks, SBAs, etc. Someone, somewhere is bound to have [...]

Rule #1 - Get Started. No, really. Get Started NOW
February 9, 2007

Newsflash: everyone has a great idea. EVERYONE. Your Aunt Grettle and the guy at the next desk and the 13 year old paperboy in the neighborhood. All of them have a world-changing idea about a business or product or invention just waiting to make them bajillionaires.
So, why aren’t there more bajillionaires? Aside [...]

Why Techstbooks?
February 8, 2007

I used to have a cute little blog where I wrote all kinds of clever and quasi-interesting topics.  I ranted about sports, Google, politics, etc.  Then I found that no one was reading it, not even me.  There was no cohesion and no aim.  So I decided to narrow the focus and launch Techstbooks.
What’s the [...]