Posted by: Joe Morgan | June 8, 2010

Startups: List of Core Things That Matter (aka Bill of Do’s)

I have to give credit to Keith Kraten @ Clustrix for his Linkedin post on the Startup Specialists discussion group.  His list of 6 core things a start-up should be doing is dead on!

I’ve been involved in 5 start-ups, some funded some bootstrapped, and every one of these 6 was huge in each one of them. I currently work for CodeBaby and we are executing on all 6!

Here’s the list, enjoy!

I have been involved in 4 start ups and here are my take aways (the core things that matter)
1) Don’t bother to optimize existing technology. If it’s not disruptive, its not worth the effort.
2) Only enter large fast growing markets where the total addressable market is substantial.
3) Attracting & retaining top tier human talent is CRITICAL! (rockstars)
4) Don’t regurgitate speeds and feeds, tell a compelling story.
5) Execution is everything.
6) It’s all yak yak until dead presidents change hands!

-Keith Kraten

Cheers -j

Advertisement

Responses

  1. Hey man, thanks for the credit! We spun up 2 more evals this week and closed another deal. Had a great trade show (Velocity). Were off and runnin. Board meeting tomorrow with Sequoia, USVP and ATA. Good luck in your endeavors.
    KK


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Categories

Follow

Get every new post delivered to your Inbox.