MindFrenzy

Motivation and Tools for Entrepreneurs

MindFrenzy header image 2

A Couple of My Rules for Startups

August 20th, 2008 · Comments · Advice, Business, Entrepreneur

Just a good post I came across while reading through the blogs I subscribe to…This one is from Mark Cuban.

Of course, anyone who has started a company has their own rules and guidelines, so I thought i would add to the meme with my own. My “rules” below aren’t just for those founding the companies, but for those who are considering going to work for them as well.

1. Don’t start a company unless its an obsession and something you love.

2. If you have an exit strategy, its not an obsession.

3. Hire people who you think will love working there.

4. Sales Cures All. Know how your company will make money and how you will actually make sales.

5. Know your core competencies and focus on being great at them. Pay up for people in your core competencies. Get the best. Outside the core competencies, hire people that fit your culture but are cheap

Read the rest at Mark Cubans Blog

Tags: ·

blog comments powered by Disqus