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Startups best practices

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In the past 18 years I've started six companies. In this talk, I will share some of the best practices that I learned (the hard way). …

In the past 18 years I've started six companies. In this talk, I will share some of the best practices that I learned (the hard way).

We will talk about technology, design and following your dreams with the best tools you can harness.

Be strong.

More: greenido.wordpress.com


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Transcript

  • 1. StartupsBest Practices Jan 2013
  • 2. Ido GreenDeveloper Advocate http://plus.ly/greenido greenido.wordpress.com
  • 3. Agenda● Tips from my experience● Campus TLV - way of life● Mentors● Q&A
  • 4. "Dont start a company unless itsan obsession and something youlove. If you have an exit strategy, its not an obsession." Mark Cuban
  • 5. Drug Dealers Get It Right● Great product - you can give free samples.● Like MC Donalds in terms of Organization & OPs.● If you not sure about returning users - improve your product.
  • 6. Hiring The Right People● Do it yourself - Hire only when you must● Dont pass on great people.● CV are full of years of irrelevance - So try before you hire.
  • 7. Good Is Fine● MVP - When good enough get the job.● Agile as you move ○ Many small decisions are better then a huge one. ○ Small wins to keep momentum.● Its a speed boat ○ Pivots quickly to increase the success rate ○ Money/Air/Time - you have a limited amount of it.
  • 8. Start A Business Not a Startup● Is it la-la land? ○ "We will use some ads here and there" ○ First we wish to gain users...● Build to exit --> Build to flop.
  • 9. Belief And Reality● We know what they want.● We can predict the future.● Progress is execution against our plans.● We are the only one who do X.
  • 10. What to do fast?Build --> Ship --> Measure --> Improve -->
  • 11. Campus TLV - Way Of Life● Entrepreneurs lead● Give before you take/get ○ Contribute and help others. Little is fine. ○ Accept a random meeting● Dont complain. Just do it (c).
  • 12. Campus TLV - Mentor● Talk the talk and walk the walk - practice what you preach. ○ Know what you don’t know.● Listen too! It should be 50/50 talk/listen time.● Be direct. Tell the truth, however hard.
  • 13. Campus TLV - Mentor● Be responsive.● Adopt at least one company every X days.● Clearly commit to mentor or do not.● Guide, don’t control.● Provide specific actionable advice.● Be challenging/robust but never destructive.● Remember that startups are hard.
  • 14. Great Ones To Follow● http://www.avc.com● http://www.davidgcohen.com● http://www.feld.com
  • 15. Q&AThank you! http://plus.ly/greenido greenido.wordpress.com