Jason Goldberg, founder and former CEO of Jobster (now vice-chairman) has put together one of the best lists of learnings I have ever seen on leading a startup. It is well organized, thoughtful, and clearly is borne out of experience–the kind you get by making mistakes, learning and moving on.
Although, I wouldn’t exclude any of them, here are a couple of my favorites:
- The CEO’s job is to create value.
- Technology companies are all about the product. Getting the product right is critical before aggressively going to market.
- the rapid iteration model (ship early, learn from usage, adjust) works well for consumer services but works not as well for B2B services. Consumers will let you learn with them over time. Paying business customers, however, have less patience for your learning on their dime.
- You must get close to your users and customers and live their personas.
- Hire people who are passionate about the specific problems you are trying to solve.
- The value of your company is directly related to your capital efficiency. Spend every dollar like it is equity. Preserve cash! Preserve cash! Preserve cash!
- Have fun.
You can read the full post here.
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