10 tweets for startups

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Post on 26-Aug-2014

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an introduction to me and the ten lessons i have learned over twenty years of starting, advising and investing in startups.

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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

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