10 tweets for startups
DESCRIPTION
an introduction to me and the ten lessons i have learned over twenty years of starting, advising and investing in startups.TRANSCRIPT
SETH GOLDSTEINMAY, 2012
10 TWEETS FOR STARTUPS
Rated #1 Music Startup of 2011
Nominated for Best New Startup 2011
WARNING: THE FOLLOWING ARE TEN LESSONS I HAVE LEARNED OVER THE LAST 20 YEARS OF CREATING, ADVISING, AND INVESTING IN STARTUPS. I HAVE, AT TIMES, IGNORED THESE LESSONS (USUALLY AT GREAT COST). PLEASE DON’T DO THE SAME.
anything worth doing is worth doing badly
leaders believe it before they see it, managers need to see it to believe it
dress british, think yiddish
scale a single, social gesture
hire slow, fire fast
have difficult conversations
what is going up and to the right?
raise money when you can, not when you have to
it’s hard to bring an investor in, it’s 10x harder to get them out
it’s not about the money, it’s about the money