Entrepreneurial Tips

There's a good post up at the O'Reilly Radar blog by Marc Hedlund for technology geeks hoping to be entrepreneurs. Marc's "Entrepreneurial Proverbs" are bite sized nuggets of tips and inspiration for budding entrepreneurs.
Here's a summary of the tips..
Starting out as an Entrepreneur..

• It's good to be king
• Losing sucks
• Building to flip is building to flop
• Prudence becomes procrastination
• Momentum builds on itself
• Jump when you are more excited than afraid

Entrepreneurial Ideas..

• Pay attention to the idea that won't leave you alone
• If you keep your secrets from the market, the market will keep its secrets from you
• Immediate yes is immediate no
• Build what you know
• Give people what they need, not what they say they need
• Your ideas will get better the more you know about business

Dealing with people as an entrepreneur..

• Three is fine; two, divine
• Work only with people you like and believe in
• Work with people who like and believe in you, just naturally
• Great things are made by people who share a passion, not by those who have been talked into one

Products and Entrepreneurship..

• Cool ideas are useless without great needs
• Build the simplest thing possible
• Solve problems, not potential problems
• Test everything with real people

Money and Finance..

• Start with nothing, and have nothing for as long as possible
• The best investor pitches are plainspoken and entertaining (not in that order)
• Never let on that you're keeping a secret
• No means maybe and yes means maybe
• For investors, the product is nothing
• The best way to get investment is not to need it

It's really worth reading the full article .. Entrepreneurial Proverbs
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