Comments on: The 10 Ways Startup Advice Is Flawed http://gigaom.com/2009/10/20/the-10-ways-startup-advice-is-flawed/ Wed, 19 Jun 2013 03:43:40 +0000 hourly 1 http://wordpress.com/ By: Gobind Singh Khalsa http://gigaom.com/2009/10/20/the-10-ways-startup-advice-is-flawed/#comment-497359 Tue, 02 Nov 2010 21:50:23 +0000 http://gigaom.com/?p=75564#comment-497359 Ok we can forget the advice. Just show us the money. We have a great team, market potential, and business model. All we need is the capital in place, then off to the race. Do you have a list of investors that are interested in a great story and a better exit strategy than the story?

]]> By: Ed Loessi http://gigaom.com/2009/10/20/the-10-ways-startup-advice-is-flawed/#comment-227636 Mon, 26 Oct 2009 17:44:18 +0000 http://gigaom.com/?p=75564#comment-227636 Thanks Eric,

I agree with the 10 that you have. I have been on both sides of the coin having received advice from “those who have done it” and have given advice as “one who has done something”. I definitely think it is important for people seeking advice to understand what level of done it or done something is being offered.

As we all know the number of people who have “done it” is pretty small and more likely you will be relying on people who have done something so try and find people who will be honest with you and tell you what they did and what happened with out a lot of puff and fluff.

In my most recent company we are attempting this by posting out a series of blogs on “Eating our Own Dog Food” and “How we created and implemented X Strategy as a startup”. We took this approach to promote our product, which is for implementing strategic plans and we figured if we showed people that we actually used our product and then what we were thinking or doing a particular period then people would be able to draw from that.

http://www.rapidinfluence.com/blog-0/bid/9631/It-s-strategic-planning-dogfood-time-Part-1

Who knows where the company or the product will go but at least it will be clear to us and others what we were thinking at a particular time!

Thanks,

Ed Loessi

http://www.rapidinfluence.com
http://twitter.com/rapidinfluence
http://twitter.com/edloessi

]]> By: Success And Failure Contribute To The Experience It Takes To Succeed « Open Mountain Blog http://gigaom.com/2009/10/20/the-10-ways-startup-advice-is-flawed/#comment-227635 Fri, 23 Oct 2009 23:48:45 +0000 http://gigaom.com/?p=75564#comment-227635 [...] It Takes To Succeed Experience matters when it comes to advisers, vendors and employees.  A recent post by Eric Ries on gigaom.com challenged the conventional wisdom that people who worked at previously [...]

]]> By: Dave Huer http://gigaom.com/2009/10/20/the-10-ways-startup-advice-is-flawed/#comment-227634 Fri, 23 Oct 2009 08:29:30 +0000 http://gigaom.com/?p=75564#comment-227634 IMy friends tell me they have learned from my mistakes! So hopefully this means I ought to be able to set myself up by saying ““I did this, but didn’t get rich and/or famous, so if you do the same thing, you’ll also…”

]]> By: Vincent Van Der Lubbe http://gigaom.com/2009/10/20/the-10-ways-startup-advice-is-flawed/#comment-227633 Thu, 22 Oct 2009 09:54:25 +0000 http://gigaom.com/?p=75564#comment-227633 Thanks Eric. I am a big fan. And your key message ” look for actionable advice that can be applied in small batches, has a measurable outcome and is based on coherent principles that you understand.” is hopefully not only applicable to start ups, but to life in general. I’d also rather hear some advice from entrepreneurs what went wrong, what they thought would work etc. I know of a company which is rather succesfull (market leader in their field and expanding globally) whose business idea came from an intern at their original company.

]]> By: hokya http://gigaom.com/2009/10/20/the-10-ways-startup-advice-is-flawed/#comment-227632 Thu, 22 Oct 2009 01:37:41 +0000 http://gigaom.com/?p=75564#comment-227632 thanks for sharing startup advices,

]]> By: Startup advice brilliance « Open Ambition http://gigaom.com/2009/10/20/the-10-ways-startup-advice-is-flawed/#comment-227631 Wed, 21 Oct 2009 17:04:03 +0000 http://gigaom.com/?p=75564#comment-227631 [...] Startup advice brilliance By Peter Zaballos A friend pointed me to a superb summary of advice for startups, specifically calling out the ways that advice can be flawed, along with some perceptive insights into how to identify advice that’s actionable and useful.  The post is by Eric Reis, and is appropriately titled The 10 Ways Startup Advice is Flawed [...]

]]> By: John Stack http://gigaom.com/2009/10/20/the-10-ways-startup-advice-is-flawed/#comment-227630 Wed, 21 Oct 2009 12:38:51 +0000 http://gigaom.com/?p=75564#comment-227630 Sage Advice Ed. The focus should be making an “ever-bettter” living. The rest will come with it.

]]> By: Edward Yang http://gigaom.com/2009/10/20/the-10-ways-startup-advice-is-flawed/#comment-227629 Wed, 21 Oct 2009 06:51:38 +0000 http://gigaom.com/?p=75564#comment-227629 I think a lot of would-be entrepreneurs should rethink the popular conception of “start up”. Forget the dreams of going public. Forget the dreams of getting bought out. Focus on starting small, lean and mean. Focus on generating steady cashflow. Focus on keeping costs rock bottom. Focus on beating your customers’ expectations. View “success” as controlling your own destiny while making a good living. Yeah it’s not sexy, but this is the new reality. Trust me, you’ll be much happier.

Ed Yang
President of Firecracker PR

]]> By: Curt http://gigaom.com/2009/10/20/the-10-ways-startup-advice-is-flawed/#comment-227628 Wed, 21 Oct 2009 06:49:23 +0000 http://gigaom.com/?p=75564#comment-227628 I would bet #2, they just got lucky, happens more often than not. I can’t remember what that toolbar startup was in 2000 where it was basically a pyramid scheme for a downloaded ad bar on the bottom of the screen (created by 2 Harvard or Stanford students I think). They likely made a ton of money before most people realized it was a stupid idea that was going nowhere.

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