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  • 1. Startups are not smallversions of largecorporationsStartups search for a business model, betterestablished companies focus on executing it.There is a difference between smallbusinesses, corporations and scalablestartups - in how their goals, how they run andhow they need to be lead.
  • 2. Entrepreneurship schools(E-Schools) will rise.Universities teach how to run smallbusinesses and corporations.However, there is an increasing need forlearning the skill sets for scalable startups.
  • 3. Startups should focus onexecuting, not planning.No business plan survives first contact withthe customer.There is no substitute for getting out of thebuilding talking to potential customers.Invest your time wisely - fail often and failcheap to learn quickly.