b5 Challenge: An offering from a friend
December 13, 2007 by Miki Saxon
A friend who is in stealth mode for his startup took a moment out of his 18-hour day (no exaggeration) and sent me the following, the first is advice to me and the rest is for Kay.
Miki, be more of a firebrand and iconoclast (gee, I’m usually told to be less of these:) in this and I think you’ll have more fun at the exercise.
If Mark Twain could give advice to an entrepreneur: (I’m channeling Samuel Clemens)
Like remodels, startups cost 3X your budget and take 2X your time estimate.
Play rugby, not Football: everyone must punt, tackle, pass, catch
Marry up. Hire people 5x better than you at what THEY do.
Like 3 year olds, be passionate, humble, impatient, grateful…daily.
Like gypsies, channel your customer.
Superb advice, I recommend it to everybody, not just entrepreneurs.
Great tips! We would do well as business people to heed his business advice. I especially like the one, “Like 3 year olds, be passionate, humble, impatient, grateful…daily.” Starting tommorrow, I think I will.