Kevin Rose: 10 tips for entrepreneurs to succeed

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  • DamianJ
    Too lazy to set a custom title
    • Jul 2006
    • 15808

    #1

    Kevin Rose: 10 tips for entrepreneurs to succeed

    Great ideas:

    1.) Go build it. If you really believe in something, you should just build it. If you love it, it won?t feel like work. It?s okay to drop out of college if you have an awesome idea.

    2.) Build & release. List out your features for six months, sort them by importance, and go build three to five of them. Stop thinking you understand your users. Learn from what they?re actually doing on your site, not what you think they?ll do. It?s okay to kill features, but prove to your users that you have something better.

    3.) Hire your boss. Senior positions: only hire people you?d personally work for. Make sure they can help build your vision. Junior positions: hire hustlers, people that will run circles around you.

    4.) Don?t raise money. Beg borrow and steal for as long as possible. If someone gives you cash, ask yourself, ?how will they add value to my company??. If you don?t need the money, don?t take it. The more you go without taking funding, the more valuable your startup becomes. Don?t let investors take board seats.

    5.) Go cheap. Use Amazon for storage and data. Work from home for as long as possible. Shared cell phone plans. Shared apartments. Get some contractors for smaller projects instead of hiring people full time.

    6.) Connect with your audience. Start a podcast, even if you have a small audience. It has to start somewhere, right? Throw a launch party. Invite press and influencers to the party.

    7.) Hack the press. Invite only system at the beginning. It will get people excited about your product and also make them curious. Talk to junior bloggers: if they get the scoop on a cool, new site, they could blow up and you could blow up. Attend parties you can?t afford. Network with influencers and bring a demo.

    8.) Advisors. What technical problems are you going to have? Ask Joe Stump for advice. If there are people you trust out there, give them 1% of your company for them to be on call for any issues you might need advice for. Solid advisors can help you raise cash.

    9.) Leverage your user base to spread the word. Think Farmville and Facebook notifications: ?so and so, and 2 others have blah blah blah?. Who are those two others? Wefollow.com asks you to define yourself with three hashtags. If your friends see it, they will want to be a part of that community since you?re using it.

    10.) Analyze your traffic. Tons of analytics. Make sure that you act on your feedback.


    http://www.zdnet.com/blog/weblife/ke...o-succeed/1930
  • CYF
    Coupon Guru
    • Mar 2009
    • 10973

    #2
    there's some good advice in there, thanks
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    • erooup
      Confirmed User
      • Jul 2010
      • 512

      #3
      11.) Water is wet.

      12.) Earth is round.

      Comment

      • Domain Broker
        So Fucking Banned
        • Oct 2004
        • 2427

        #4
        About half of that stuff he did when he founded digg.

        Comment

        • GTS Mark
          Vrume Mark
          • Jan 2001
          • 20912

          #5
          He should be fixing his own website not giving out advice right now haha. ;-)

          Comment

          • Ethersync
            Confirmed User
            • Mar 2008
            • 5289

            #6
            11.) Better to sell too early than try to too late.

            //A huge mistake he made with Digg.
            The best ePassporte replacement I have found: OKPAY

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            • borked
              Totally Borked
              • Feb 2005
              • 6284

              #7
              They are tips on how to succeed - not stay successful ;)

              OK, I'm going to parties I can't afford and if it blows up in my face, DamianJ is the first one I'm suing.

              For coding work - hit me up on andy // borkedcoder // com
              (consider figuring out the email as test #1)



              All models are wrong, but some are useful. George E.P. Box. p202

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              • DaddyHalbucks
                A freakin' legend!
                • Feb 2004
                • 18975

                #8
                Lineup financing BEFORE you need it.
                Boner Money

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                • DamianJ
                  Too lazy to set a custom title
                  • Jul 2006
                  • 15808

                  #9
                  Originally posted by Ethersync
                  11.) Better to sell too early than try to too late.

                  //A huge mistake he made with Digg.
                  He tried to sell, the board wouldn't let him. that's very public knowledge.

                  Comment

                  • DamianJ
                    Too lazy to set a custom title
                    • Jul 2006
                    • 15808

                    #10
                    Originally posted by borked
                    They are tips on how to succeed - not stay successful ;)

                    OK, I'm going to parties I can't afford and if it blows up in my face, DamianJ is the first one I'm suing.
                    Just send me a letter accusing me of telling you to go to parties you can't afford and demanding 2k in damages.

                    ;)

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                    • V_RocKs
                      Damn Right I Kiss Ass!
                      • Nov 2003
                      • 32447

                      #11
                      I build new shit on a weekly basis... The majority of my money, one year from the next, comes from completely different sources then years previous.

                      Comment

                      • HerPimp
                        Confirmed User
                        • Mar 2006
                        • 1197

                        #12
                        Thanks for sharing.

                        Advisors sounds interesting, I could use a few...

                        Comment

                        • Yo Adrian
                          Confirmed User
                          • Apr 2002
                          • 6326

                          #13
                          That reads like the opposite of most brick 'n mortar startup guides, I like it.
                          Adult SEO Partners - Full service Adult SEO Agency serving some of the biggest names in the industry.

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                          • DatingGold
                            $6 PER EMAIL JOiN
                            • Feb 2003
                            • 13185

                            #14
                            oops wrong thread
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                            • iSpyCams
                              Amateur Gynecologist
                              • May 2009
                              • 4436

                              #15
                              Kevin is kinda fucked right now. visiting Digg is depressing lately, especially for someone like me whose fingers automatically type "Digg" whenever they're bored.

                              Even so, some of this seems like good advice, allthough soon, Kevin Rose might be an example of what NOT to do.
                              - As soon as I think up a good sig it's going here.

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