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Knowlege is Power
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Money is Power
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Experience is More Important than Money ;)
- more important than funding
- more important than profits generated
- more important than hits, visits, leads...
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Solve a Problem YOU Have
- In a Huge Market
- Develop a Sustainable Advantage
- Devote Yourself to Your Startup
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You Have to Fail to Learn How To Win
- Experience is more Important Than Knowledge
- 90% of the Startups fail at their first attempt.
- You learn a LOT from your failures.
- Network Like Crazy
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Quit Your Day Job
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You can't?
- Or at least, spare a "considerable" amount of time for your startup
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It's hard to motivate yourself
- Have Passion
- Have a Vision
- Believe in Yourself
- Find Someone to Believe in You
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It's hard to be a hero
- No pain, no gain
- Batman works at nights ;)
- Self doubt is okay
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It's a lonely way
- in the beginning at least.
- Work hard
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It doesn't matter if you don't have experience
- You'll learn on the way
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Big Companies Suck
- ... well most of them ;)
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Work in A Startup
- So That You can Found Your Own
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I've Worked in 3 Startups
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And I've learned hell a lot of things there
- It's hard work
- but you reap the benefits
- if you're clever enogh
- More than you can learn, if you've worked in a big corporation all your life.
- I know how the air feels inside
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which three?
- one of which was a total failure
- it happens
- not worth mentioning the name
- one of which been acquired for >4 million Euros
- cember.net
- Dude, that's good money!
- and one I currently am the architect of
- MessengerFX.com
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Observe what they do wrong
- Failure to See the Whole
- Failure to Lead
- Failure to Share a Common Vision
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Failure to Support Employees
- morally
- and financially
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Not Rewarding Hard Work
- Even saying "thank you" is a reward
- Observe what they do right
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Learn How To Hire People
- Hiring is everything
- Hire people who can complement each other
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Hire people better than you
- and let them work
- trust in them
- but do not leave them uncontrolled
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Learn Management and Executive Skills
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0.1% of people out there are born with
- guts
- insight
- charisma
- ability to drive people
- a natural ability to lead
- I hate them too!
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But you can train yourself
- It's not a result
- It's a gradual process
- That you'll master eventually