Twitter – @alexgorstan

There are 10 critical things to
know when considering a startup. You can learn them all on The Nice
Guys Podcast today.

Alex’s lessons learned in the
world of startups:

1. Before taking action, make
sure you understand exactly what problem you’re trying to
solve and who you are trying to solve it for.

2. You’re tricking yourself and
your investors if you think that your business is worth a dime
until you prove you can earn one!

3. Wherever you have a strong
network is where you should build your business. New York or
California is not the only places startups can be
successful.

4. The first five people you hire
will define the culture of your company forever. This might be the
most important decision you will make.

5. It’s not just about making a
product, it’s also about telling the world about it – you must do
both excellently.

6. Make a plan, then throw it
away. Plans are worthless, but planning is everything.
(Eisenhower’s advice)

7. Throw your first design away.
You learn a lot during the design process and the first one is
still plagued by assumptions you had when you first started. The
2nd design will be much better.

8. Thinking about starting
something and have your eyes on San Francisco? Take a detour for a
year, find a job that will move you there and get you grounded in a
new city while you moonlight and make some network connections.
Then jump if you’re ready to do so.

9. Engineering is important, but
design is even more important and usually more difficult. Find
yourself a rockstar designer, don’t try to do it yourself, even if
you can.

10. Start today! As you get
older, your network will get stronger, you will become wiser and
more skilled but it will become more difficult to take risks. You
may have children on the way, maybe they’ll be starting school.
Your parent’s might be aging and need your help. Murphy is just
around the corner waiting to enact his law and you’ll be stuck
wishing you’d given it a shot.

 

Check out some great articles
from Alex:

https://medium.com/@AlexGorstan
articles by Alex

Twitter – @alexgorstan

Email- alex.gorstan@me.com

 

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