Saturday, March 28, 2009

Lessons from our start-up venture

After running our start-up for about a year, the two other founders and I sat down and listed everything we learned. As we drilled down the list we uncovered some real gems that have continued to serve me well. I think about them often and I believe that the action of sitting down and writing them out has kept them in the forefront of my memory.

Some of my favorites from the original list include:
  • “Fail Faster and More Often” – Tristan Louis.
  • Have fun. Play Foosball. Build Camaraderie.
  • Net-weave, don’t network. When you meet someone new, always think: “how can I help this person.”
  • Don’t be arrogant – do the due diligence on the industry and the space.
  • Trust your team to make decisions. Delegate.
  • Set regular meetings for various levels of conversation. Vision, Strategy, Operations, etc.
  • Keep operational meetings short and with a strict agenda. Use a timer.
  • Keep vision meetings relaxed and open ended.
  • Eat breakfast as a team: and keep a schedule.
  • Sell water in the desert.

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