Start-up tips: Advice from start-up veterans part II
- 05 October, 2012 09:00
There are more resources and technologies available to start-ups than ever before, but that doesn't mean running a start-up is easy.
Techworld Australia spoke to start-up veterans from ScriptRock, Bigcommerce, Cooper Sydney and FCB Technology about their top tips for emerging start-ups.
Mike Baukes -- ScriptRock
1. Focus on what you know best.
2. Surround yourself with smart, driven people.
3. Over communicate and cut the BS. Constantly communicate within your team, with your clients, etc. The best companies communicate very well, strive to communicate and connect with your customers.
Mitchell Harper -- Bigcommerce
1. Surround yourself with mentors and people who have accomplished what you are trying to do.
2. Acknowledge what you are good at and delegate everything else through employees, partners or freelancers. Be good at a few things -- not mediocre at many.
3. Don't raise money unless you have a proven business model that you can scale aggressively. Focus on the product and get it right, talk to lots of customers and really know the problem you're trying to solve first.
Pete Cooper -- Cooper Sydney
1. Get connected.
- Go to Sydstart. Meet 1000 entrepreneurs and see 50 companies. - Join Sydney tech meetup and Silicon Beach Australia -- online and face-to-face communities. - Visit Fishburners.
2. Get skilled. There are so many course for tech (hackers) and biz (hustlers) online. Also, the General Assembly mailing list has hundreds of courses per annum that are cheap or free and run by pros.
3. Get started. Find a co-founder with co-founder speed dating. Find an idea and execute on it at a start-up weekend and go faster with an accelerator/incubator.
Richard Breden -- FCB Technology
1. Collaboration is key. As a start-up you must embrace the networks around you.
2. Be prepared to question your strategy. Often your vision will be disrupted by factors outside of your control that may force you to re-think your original vision and strategy.
3. Don’t be afraid to make mistakes. In a start-up, mistakes need to be lessons that you must a learn from and actively apply to achieve your ultimate goals. As a start-up the ability to be innovative, try new things and take risks are your greatest assets and what sets you apart from more established businesses that arguably have more to lose.
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