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The DOs and DONTs of Web Entrepreneurs
 

The DOs and DONTs of Web Entrepreneurs

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A 5 minutes presentation I gave at Jeff Pulver's Founders Day, at Tel Aviv, Israel. These are a few of my lessons from 4 years of web entrepreneurship, as former founder and CEO of ...

A 5 minutes presentation I gave at Jeff Pulver's Founders Day, at Tel Aviv, Israel. These are a few of my lessons from 4 years of web entrepreneurship, as former founder and CEO of www.senseofashion.com

More to come in my future book on starting a startup, in which I interview dozens of fellow entrepreneurs, investors, experts etc. and share my own experience

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  • Don’t you want to add a histaygut about “as many people as possible”? Do you really want to “give away” your idea to everyone?
  • I’m not familiar with the term “personality fit”, though it’s self-explanatory. Changed the zoologist wording.
  • Maybe “Keep up your spirits”? Or is that too long?

The DOs and DONTs of Web Entrepreneurs The DOs and DONTs of Web Entrepreneurs Presentation Transcript

  • 7 DOs & DON’Ts for NEW ENTREPRENEURSDaria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DO # 1 The Idea: Discuss your initial idea with as many people as possible. If they seem to keep thinking about your idea and coming back to you with comments and questions, it probably means youre on to something.Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DO # 2 The Team: Choose co-founders whom you know, like and trust. Personality fit is more important than qualifications.Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DO # 3 The Product: Stay focused. Remember where you want to go and work only on the essentials that will get you there.Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DO # 4 The Investors: Prefer investors who can give you added value over those who cant. $500K from someone whos wise and who cares go a longer way than $2M from someone clueless.Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DO # 5 The Spirit: Allow yourself no more than two hours to dwell on disappointments; its a waste of time.Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DO # 6 The Dream: Think big, talk big. When pitching to others, speak of future plans as if youre launching them tomorrow.Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DO # 7 Be lucky!Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DON’T # 1 The Leadership: Dont second-guess yourself. Youre the visionary, lead the way!Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DON’T # 2 The Legal: Dont confuse yourself with the company, you each need your own and separate legal counseling. It all looks simple enough in the beginning, but the bigger you grow, the more complicated it gets.Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DON’T # 3 The Investors: Dont go to bed with someone you dont like. Trust your gut feeling.Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DON’T # 4 The Competition: Dont be afraid of the competition, your current competitor might be your future partner.Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DON’T # 5 The Networking: Dont be shy. As Jeff says, "the next person you meet might change your life".Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DON’T # 6 The Road: Dont despair. The road is long and winding. If you see a wall coming, change the direction youre going in.Daria Shualy, Web entrepreneur, Founder of senseofashion.com
  • DON’T # 7 Dont be unlucky.Daria Shualy, Web entrepreneur, Founder of senseofashion.com