Steve Blank: “What I began to realize is that we teach entrepreneurship like every vertical market and industry has the same set of rules. So the first heuristic I want to offer is that — even in this class — there really is no common ‘these rules work’ for all vertical markets and industries.” Listen [...]
Entries Tagged as 'Advisors'
We teach entrepreneurship like every vertical market has the same set of rules
April 8th, 2009 · 2 Comments · Advisors, Customer Development
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(A bit of) Decision-making for startups
January 15th, 2009 · 4 Comments · Advisors, Decisions
“Decisions tend to be judged solely on the results they produce. But I believe the right test should focus heavily on the quality of the decision-making itself… “Individual decisions can be badly thought through, and yet be successful, or exceedingly well thought through, but be unsuccessful, because the recognized possibility of failure in fact occurs. [...]
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Advice is for learning, not copying
June 16th, 2008 · 1 Comment · Advisors, Execution
“As for the advice? Lots to choose from. Think big, or maybe small.” — John Abell, on Startup School 08 Advice is for learning, not copying. Don’t follow our advice. Advice can be ignored. One of my favorite advisors once told the founders of YouTube that, “People don’t want to watch video on their computers.” [...]
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Lawyers are referees, not coaches
June 12th, 2008 · 7 Comments · Advisors, Execution, Lawyers
I learned a lot from a recent twitter by Andrew Chen: “Other people teach you the rules of the game. Venture Hacks teaches you how to play it.” First, I learned that lawyers are referees, not coaches. Second, I learned that advisors are the coaches of the startup game. Lawyers teach you the rules of [...]
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Everything you ever wanted to know about advisors, Part 2
February 27th, 2008 · 10 Comments · Advisors, Compensation, Equity
Here are more frequently asked questions about advisors. See Part 1 for the rest. If you have more questions, email us at ask@venturehacks.com. Frequently Asked Questions General (from Part 1) What do advisors do? Should I put together a board of advisors? How do I get good advice? How do I apply advice? How do [...]
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Everything you ever wanted to know about advisors, Part 1
January 31st, 2008 · 6 Comments · Advisors, Execution
Here are answers to some frequently asked questions about advisors. If you have additional questions, email us at ask@venturehacks.com. Table of Contents General (answers follow) What do advisors do? Should I put together a board of advisors? How do I get good advice? How do I apply advice? How do I find advisors? How can [...]
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