How to Start a Startup note #4


Moving on to how to startup series class, I spent time watching Lecture 13: How To Be A Great Founder by Reid Hoffman


My notes for his class:

  1. Network network network.
  2. VC always tends to invest in company with co-founders as they compliment each other.
  3. Right place to start a right business like finance related startup makes more sense in Mumbai.
  4. Go talk to smart people and listen to their suggestions on your idea.
  5. You have to be both flexible and persistent.
  6. You have to be both confident as well as cautious.
  7. Listen to feedback, criticism
  8. Data as well as vision are important for your product.
  9. Be smart & take intelligent, focussed risk.
  10. Solve short term vision immediately, but do keep eye on your long term vision.
  11. Product needs to go out in the market ASAP its ready, product distribution is key.