Comments on: The Top 7 Rules For Startups http://www.youngentrepreneur.com/blog/2008/03/the-top-7-rules-for-startups/ Fri, 20 Nov 2009 21:18:36 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Bryan Roy Interview http://www.youngentrepreneur.com/blog/2008/03/the-top-7-rules-for-startups/comment-page-1/#comment-127344 Bryan Roy Interview Wed, 28 Jan 2009 13:57:33 +0000 http://www.youngentrepreneur.com/blog/2008/03/26/the-top-7-rules-for-startups/#comment-127344 [...] Nick Denton and Mark Cuban. [...] [...] Nick Denton and Mark Cuban. [...]

]]> By: Blake Cannon http://www.youngentrepreneur.com/blog/2008/03/the-top-7-rules-for-startups/comment-page-1/#comment-99731 Blake Cannon Wed, 01 Oct 2008 21:58:29 +0000 http://www.youngentrepreneur.com/blog/2008/03/26/the-top-7-rules-for-startups/#comment-99731 I believe he has some very good points but nothing that has never been said before. I think the #1 that he left off was make a close to definite plan as possible (hard to do with it changing constantly) but don't spend too much time obsessing over planning to the point where you don't take action. I believe he has some very good points but nothing that has never been said before. I think the #1 that he left off was make a close to definite plan as possible (hard to do with it changing constantly) but don’t spend too much time obsessing over planning to the point where you don’t take action.

]]> By: AJC @ 7million7years http://www.youngentrepreneur.com/blog/2008/03/the-top-7-rules-for-startups/comment-page-1/#comment-45597 AJC @ 7million7years Fri, 28 Mar 2008 22:31:36 +0000 http://www.youngentrepreneur.com/blog/2008/03/26/the-top-7-rules-for-startups/#comment-45597 Can't argue with the Big Guy ... after all, he made over $2 Bill. and I only made 1% of that - do the math ;) But, I disagree with the 'exit strategy' bit ... one of the things that you MUST do is makeyour business 'exit ready' which means having documented operating systems/procedures and a business that can work without the Founder. This doesn't mean that you SHOULD sell the business ... it's just that you should make it ready. Can’t argue with the Big Guy … after all, he made over $2 Bill. and I only made 1% of that – do the math ;)

But, I disagree with the ‘exit strategy’ bit … one of the things that you MUST do is makeyour business ‘exit ready’ which means having documented operating systems/procedures and a business that can work without the Founder.

This doesn’t mean that you SHOULD sell the business … it’s just that you should make it ready.

]]> By: Will - ArenaFlowers.com http://www.youngentrepreneur.com/blog/2008/03/the-top-7-rules-for-startups/comment-page-1/#comment-45441 Will - ArenaFlowers.com Thu, 27 Mar 2008 18:38:30 +0000 http://www.youngentrepreneur.com/blog/2008/03/26/the-top-7-rules-for-startups/#comment-45441 Blimey. This guy sounds like hard work. He must have watched that scene out of glengarry glenn ross when alec baldwin reads the riot act (and actually says "coffee is for closers") a few too many times. see it here: http://www.youtube.com/watch?v=y-AXTx4PcKI I think some of what he says is good but then it depends what you're after (eg some people want to be serial entrepreneurs, so point 2 goes against that). And another famous saying, ref point 4, is "sales is vanity, profit is sanity and cash is reality". Horses for courses I guess. Blimey.
This guy sounds like hard work. He must have watched that scene out of glengarry glenn ross when alec baldwin reads the riot act (and actually says “coffee is for closers”) a few too many times. see it here: http://www.youtube.com/watch?v=y-AXTx4PcKI

I think some of what he says is good but then it depends what you’re after (eg some people want to be serial entrepreneurs, so point 2 goes against that).

And another famous saying, ref point 4, is “sales is vanity, profit is sanity and cash is reality”.

Horses for courses I guess.

]]> By: MetaExecutiva » 7 princípios básicos para iniciar uma empresa http://www.youngentrepreneur.com/blog/2008/03/the-top-7-rules-for-startups/comment-page-1/#comment-45381 MetaExecutiva » 7 princípios básicos para iniciar uma empresa Thu, 27 Mar 2008 11:40:26 +0000 http://www.youngentrepreneur.com/blog/2008/03/26/the-top-7-rules-for-startups/#comment-45381 [...] Baseado no texto The Top 7 Rules For Startups [...] [...] Baseado no texto The Top 7 Rules For Startups [...]

]]> By: philip tadros http://www.youngentrepreneur.com/blog/2008/03/the-top-7-rules-for-startups/comment-page-1/#comment-45303 philip tadros Wed, 26 Mar 2008 22:58:18 +0000 http://www.youngentrepreneur.com/blog/2008/03/26/the-top-7-rules-for-startups/#comment-45303 i agree, makes sense' i agree, makes sense’

]]> By: Matt- CapForge.com http://www.youngentrepreneur.com/blog/2008/03/the-top-7-rules-for-startups/comment-page-1/#comment-45296 Matt- CapForge.com Wed, 26 Mar 2008 22:42:08 +0000 http://www.youngentrepreneur.com/blog/2008/03/26/the-top-7-rules-for-startups/#comment-45296 #4 is dead on- if you are selling, and making profits, you can make lots of other mistakes and still be around long enough to fix them. If you aren't making profitable sales, you are just rearranging deck chairs on the Titanic. #7 is debatable- it really depends on the business. If you run a boiler room- fine, no one needs an office. If you have programmers, or people who need to concentrate to get work done- a locker room atmosphere probably isn't the best bet. #4 is dead on- if you are selling, and making profits, you can make lots of other mistakes and still be around long enough to fix them. If you aren’t making profitable sales, you are just rearranging deck chairs on the Titanic.

#7 is debatable- it really depends on the business. If you run a boiler room- fine, no one needs an office. If you have programmers, or people who need to concentrate to get work done- a locker room atmosphere probably isn’t the best bet.

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