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Lessons for Startups
Lessons for Startups

Seven Startup Lessons for New Entrepreneurs, Every Founder Should Know

To succeed as a CEO you need to be steadfast in your beliefs and not always conform to the perceived ‘norm.’

After working with more than 85 startups, I’ve learned a lot about what it takes for a startup to thrive.

  • Your role Follow your mission.
  • Become an all-around expert.
  • Ideas don’t necessarily translate into a good product.
  • Harmony trumps talent and experience.
  • Focusing on too many features early on can kill your startup.
  • Ego is damaging; lack of empathy is even worse.
  • You can’t win if you don’t play.

I am not lucky. You know what I am? I am smart, I am talented, I take advantage of the opportunities that come my way and I work really, really hard. – Shonda Rhimes, – TV Producer and Screenwriter

Forget your ego — this isn’t a contest! Don’t believe that people who are smarter than you won’t respect you or support your decisions. On the contrary, they know if you are in your position, you’ve worked hard to get there. If you hire people who are ineffective, you will end up doing a majority of their work for them.” –Julian Kabab, CEO of Flashgap