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Tips for    EntrepreneursA collection of essential tips from the          Jumpstart podcast.
Planning           jumpstartfoundry.com
Don’t wing it.You need to put your whole concept and business plan on paper.If you don’t commit it to paper, you will neve...
It   will take you twice as long as you say it will.It   will cost you twice as much as you say it will.It   will achieve ...
Don’t assume people will buy. Solve a problem first.
Establish a culture and a climate.
Just get started. Quit waiting around.
Try to track everything.You don’t know what works unless you’re   tracking the success or failure of it.
Understand the end game.
Have a lot of experiencein the industrythat your startup is in.
Finance          jumpstartfoundry.com
Marry yourself to a very good financial person.
Always spend your own money,before you pitch to raise money too.
Sales should alwaysbe pushed to sell outsideof their hometown.
Make sure potential investors have the same vision that you do.
Finance          Make more money then you spent.          If you’re spending someone else’s money,          try to make mo...
If you’re bad with numbers, find anumbers person that you trust.
Save $.20 on every dollar, so it’s set aside for taxes.It is also a great savings plan.
Don’t spend tons of money until Planningyou have nailed your productmarket fit.
People         jumpstartfoundry.com
Never stop networking.
Build out yourpeer and mentornetwork.
Be the dumbest guy in the room.Surround yourselfwith super smart people.
Are you enjoying our free tips?    Please take a moment       to share them on            Twitter.         Thank you.
Hire the right people. Partner with the right people.You don’t always have to hire right out of the gate.Make sure they co...
Hire people who are smarter than you.
Surround yourself with passionate people.
Find mentors.Build your network with people who have been where you want to go.
Personal           jumpstartfoundry.com
Be creative, stay positiveand keep moving forward.Have a strong willingnessto be uncomfortable.
Stay healthy.Make it as important as your big meetings.
Are you focusing on entrepreneurshipor independence? Know the answer.
Be the founder.Embrace it and enjoy it.It’s a title people can’t takeaway from you.
Bet on yourself.
Listento the wisdom  Visit: www.jumpstartpodcast.com  to hear our recent interview with Seth Godin  and to subscribe, so y...
Tips & PhotosThese tips were collected from episodes 1 - 11 of Jumpstart.Tips provided by guests: Dan Hammond, Nick Hollan...
Please share our tips with your friends and colleagues.                                                   jumpstartfoundry...
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Essential Tips for Entrepreneurs

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Essential Tips for Entrepreneurs.
A collection of more than 30 tips from the Jumpstart podcast.

Tips collected from episodes 1 - 11 of Jumpstart by guests: Dan Hammond, Nick Holland, Rajeev Gupta, Neely Burks, Drew Fassett, Jackson Miller, Robert Hendrick, Chris Blanz, Marcus Whitney, Mark Montgomery, and Rex Hammock.

Brought to you by Jumpstart Foundry.

www.jumpstartpodcast.com

Published in: Business, Technology
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Transcript of "Essential Tips for Entrepreneurs"

  1. 1. Tips for EntrepreneursA collection of essential tips from the Jumpstart podcast.
  2. 2. Planning jumpstartfoundry.com
  3. 3. Don’t wing it.You need to put your whole concept and business plan on paper.If you don’t commit it to paper, you will never force important questions.
  4. 4. It will take you twice as long as you say it will.It will cost you twice as much as you say it will.It will achieve half of what you think it will do.If you can apply this, you have something.
  5. 5. Don’t assume people will buy. Solve a problem first.
  6. 6. Establish a culture and a climate.
  7. 7. Just get started. Quit waiting around.
  8. 8. Try to track everything.You don’t know what works unless you’re tracking the success or failure of it.
  9. 9. Understand the end game.
  10. 10. Have a lot of experiencein the industrythat your startup is in.
  11. 11. Finance jumpstartfoundry.com
  12. 12. Marry yourself to a very good financial person.
  13. 13. Always spend your own money,before you pitch to raise money too.
  14. 14. Sales should alwaysbe pushed to sell outsideof their hometown.
  15. 15. Make sure potential investors have the same vision that you do.
  16. 16. Finance Make more money then you spent. If you’re spending someone else’s money, try to make more money than they are spending.
  17. 17. If you’re bad with numbers, find anumbers person that you trust.
  18. 18. Save $.20 on every dollar, so it’s set aside for taxes.It is also a great savings plan.
  19. 19. Don’t spend tons of money until Planningyou have nailed your productmarket fit.
  20. 20. People jumpstartfoundry.com
  21. 21. Never stop networking.
  22. 22. Build out yourpeer and mentornetwork.
  23. 23. Be the dumbest guy in the room.Surround yourselfwith super smart people.
  24. 24. Are you enjoying our free tips? Please take a moment to share them on Twitter. Thank you.
  25. 25. Hire the right people. Partner with the right people.You don’t always have to hire right out of the gate.Make sure they compliment what it is that you do.
  26. 26. Hire people who are smarter than you.
  27. 27. Surround yourself with passionate people.
  28. 28. Find mentors.Build your network with people who have been where you want to go.
  29. 29. Personal jumpstartfoundry.com
  30. 30. Be creative, stay positiveand keep moving forward.Have a strong willingnessto be uncomfortable.
  31. 31. Stay healthy.Make it as important as your big meetings.
  32. 32. Are you focusing on entrepreneurshipor independence? Know the answer.
  33. 33. Be the founder.Embrace it and enjoy it.It’s a title people can’t takeaway from you.
  34. 34. Bet on yourself.
  35. 35. Listento the wisdom Visit: www.jumpstartpodcast.com to hear our recent interview with Seth Godin and to subscribe, so you never miss a show. jumpstartfoundry.com
  36. 36. Tips & PhotosThese tips were collected from episodes 1 - 11 of Jumpstart.Tips provided by guests: Dan Hammond, Nick Holland, Rajeev Gupta, Neely Burks, Drew Fassett, Jackson Miller, Robert Hendrick,Chris Blanz, Marcus Whitney, Mark Montgomery, and Rex Hammock.To hear their full interviews please visit www.jumpstartpodcast.com. Thanks.Creative Commons photos from Flickr by:Slide 3: http://www.flickr.com/photos/simplerich/5462330040/sizes/l/in/photostream/Slide 4: http://www.flickr.com/photos/presley_m/5152304885/sizes/l/in/photostream/Slide 6: http://www.flickr.com/photos/halans/3708510762/sizes/l/in/photostream/Slide 7: http://www.flickr.com/photos/curtisnewton/4089464649/sizes/o/in/photostream/Slide 8: http://www.flickr.com/photos/pejrm/1843433922/sizes/o/in/photostream/Slide 9: http://www.flickr.com/photos/deltamike/3911847626/sizes/l/in/photostream/Slide 10: http://www.flickr.com/photos/wiertz/3600682272/sizes/l/in/photostream/Slide 12: http://www.flickr.com/photos/youssefabdelaal/3403676421/sizes/l/in/photostream/Slide 13: http://www.flickr.com/photos/gilmoth/4307701690/sizes/l/in/photostream/Slide 14: http://www.flickr.com/photos/judybaxter/77055760/sizes/l/in/photostream/Slide 15: http://www.flickr.com/photos/buriednexttoyou/2844264100/sizes/l/in/photostream/Slide 16: http://www.flickr.com/photos/coda/2740581315/sizes/o/in/photostream/Slide 17: http://www.flickr.com/photos/jarkkos/250725568/sizes/o/in/photostream/Slide 18: http://www.flickr.com/photos/herzogbr/3874675249/sizes/l/in/photostream/Slide 19: http://www.flickr.com/photos/hynkle/4535752063/sizes/l/in/photostream/Slide 21: http://www.flickr.com/photos/micadox/4013857782/sizes/l/in/photostream/Slide 22: http://www.flickr.com/photos/mburpee/5399242443/sizes/o/in/photostream/Slide 23: http://www.roseanneworld.com/blog/alfred-e-newman.gifSlide 24: http://www.flickr.com/photos/raster/3563135804/sizes/l/in/photostream/Slide 25: http://blog.online.allenschool.edu/wp-content/uploads/2011/03/hiring_1.jpgSlide 26: http://calnewport.com/blog/wp-content/uploads/2007/10/einstein.jpgSlide 29: http://www.flickr.com/photos/manu_le_manu/226483244/sizes/z/in/photostream/Slide 30: http://www.flickr.com/photos/azriadnan/1818302534/sizes/l/in/photostream/Slide 31: http://ibloggr.com/wp-content/uploads/2011/04/questions-answer-sites-like-yahoo-answer.jpgSlide 32: http://www.dailygalaxy.com/photos/uncategorized/2008/03/03/jobs_and_wozniak_1975_2.jpgSlide 33 http://pokerstockphotos.com/wp-content/uploads/2009/04/chip-shuffle.jpg jumpstartfoundry.com
  37. 37. Please share our tips with your friends and colleagues. jumpstartfoundry.com
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