Difference between revision 7 and current revision
No diff available.NOTE: I DONT KNOW ANYTHING ABOUT BUSINESS. This is mostly a secondhand summary of OTHER PEOPLE'S ADVICE WHICH I HAVE READ.
dont micromanage and trust ur ppl
mtngs r often a waste of time
in mtngs, have a time limit and agenda when possible. agenda helps control time, and also allows optional invitees to decide not to attend, which is good b/c small mtngs are better.
most meetings should end with concrete action items, assigned to specific individuals with specific followup or due dates
serial status report meetings are a waste of time
company should have a simple, clear vision. this vision must be inspirational for members, achievable, and profitable.
company should have inspiring values/goal
watch out for outside investors
contact with reality (the reason to: launch early; measure things)
write down ur expectations and assumptions, so that you can check expectations, and so that you don't forget which assumptions are being made
very important to have the right ppl
actions speak louder than words (ppl get behind success, not talk)
don't waste ppl's time
looks matter b/c ppl are making an investment in you when they work with you or when they use your product. you have to assure them that you are going to be around for the next N years, not just the next six months (personal observation: evolutionarily, i guess it's like the evolution of conspicuous consumption-y sexual advertising)
deciding what not to do is (almost?) as important as deciding what to do
network
people are likely to rise (or fall) to your expectations of them
work hard
work smart
bias towards action
market fit is most important
launch early (but not buggy)
get used to hearing No
cash is king
beware of outside funding
additions:
more than one path to success; eco niches
use the Thesis-Antithesis-Synthesis but beware the false sense of certainty it conveys (note: Abstract-Negative-Concrete)
perfect is the enemy of the good vs. quality over quantity --worse is better; -- quality as a motivating factor
a stitch in time saves nine vs. be ontime and responsive
network more vs. prioritize
note: ppl are NOT resources! ppl are ecological/game-theoretic "players"
wu xing (see other document)
tarot:
never outsource a core competency
hire for strength (not weakness)
meetings should have a purpose
don't make more ppl attend a meeting than you have to. in order to not attend, ppl may need to know the agenda and to be assured that they will get a summary of what happened afterwards
everyone already knew this but me but: meetings beget meetings
w/r/t relationships, momentum is important