Some lessons from a serial entrepreneur
I talked with a successful serial entrepreneur the other day. Here are some lessons:
1. Whenever there is change, there is opportunity. Always watch for big social, technological changes.
2. Adjust constantly. There will be countless times in which you will have to change and adapt your plans.
3. Be objective as much as possible. This is a very common mistake that kills entrepreneurs. Never fall in love with your own idea. You think it is good, not necessarily mean other people would think so. Try to verify it from as many as angles as possible.
4. Think about ideas that could be implemented now. Market and technology must be matured or about to mature.
5. Try not to go to markets under spotlight. Crowded market means competition. You have to be exceptionally good to surpass your peers. Finding blue ocean is the key. E.g., mobile is too hot now. You’d better avoid it.
6. Salesmanship.
7. Put a lot of efforts on hiring the first few employees. That could either make a startup prosper or kill it…
8. Network effect.
9. You need domain knowledge to compete. Don’t go to market you don’t know much about. If you really want to do it, hire some body who knows it.
In the end …
希望大家能多发帖啊。再忙两个月总可以发一篇贴吧。如果有50个人积极发帖,这样一年就有300篇,基本上平均一天都会有一篇。即使原创帖很困难,转载推荐点什么也很好哈。At the end of the day, this is OUR community … 如果我们不经常浇浇水, it is gonna dry … 如果我们连个community都维持不住,ITP还能做什么…… 感谢一直来Blog的几位维护者,我知道的有park和凯林。Just my 2cents。
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支持!!!
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