Simple Startup Rules
I have not had ten years of startup experience but more than half that within the internet business world and I’ve learned a thing or two when it comes to building a successful business(es) online. It’s stressful, it’s time consuming and it’s fun as heck to do! That being said, I want to share some of the most important lessons I’ve learned when it comes to building something from scratch and working with a partner or two in the internet business.
These are golden rules which have made things happen quickly, effeciently and effectively as possible. I’m not saying if you do not abide by them you won’t be successful. I’m merely sharing the results of the aches and pains that I’ve had in the past which have now been recitified.
Research Before You Ask
You’re busy working on something. The programmer is busy working on code. The designer is busy working on creatives. All others that are a part of your army are busy. If they’re not, it’s a problem in itself. That being said, it’s imperative that you not disrupt the flow of normal business.
If you have a question or need answers, I’ve found it’s best to research before you ask something. If you simply ask chances are someone else is going to have to stop everything they’re doing to research for you. Find the answer and if you ultimately cannot, then you ask. It saves coders, designers, business developers and everyone else a whole lot of time. It also keeps people focused on the tasks at hand. Research, research and research some more….then ask.
Competition Is Good
Lots of people are scared of competition. They think if something has been done then it’s too late. This is completely wrong in my humble opinion. If something has been done then you’re in luck! That means it works, now find a better way to do it. Competition is key in many aspects of our lives. It breeds us to strive for things. It makes us work harder and it shows us that it can be done. So I say to those that think it’s bad, keep thinking that way because while you’re thinking…someone else is acting on it.
Slow and Steady Doesn’t Win This Race
We often spend days, weeks, months even years planning things. It’s something that some of us just love to do. However, when it comes to online business it’s pretty much impossible to win just planning. I’ve yielded better results with little planning and more action than the way we’ve been taught in class.
Internet business and business in general is getting faster and faster. We excel at optimum speeds today and the world is getting faster in terms of growth as the seconds go by. If you’re not careful you will get passed in this race. Spend less time planning and more getting it done. Efforts should be focused with an 80/20 ratio or even less. Spend 20% of the time planning and 80% doing. In fact, 90/10 if you can get away with it. It will get you to the finish line that much quicker.
Shoot Don’t Talk
This is something that one of my business partners turned me onto. I have to give him credit for this one and I now live and die by it. If you’ve seen the movie “The Good, The Bad & The Ugly” then you know of the scene I’m referring to. He’s termed it Tucos Law and here it is, “When you have to shoot, shoot. Don’t talk.” What does it mean? Simple, when something needs to be done, do it.
Don’t talk about it getting done, don’t send an email about it getting done. Just tend to things needed and let everyone know once done. In the corporate world we are trained to get permission before everything. We try to obtain the “okay” to do everything under the sun. We (my business partners and I) have put an end to this and are far more efficient since doing so. The smiley faces and emoticons in emails have risen 3000% since doing so. Smiley faces are nice to receive. Better to send, once things are done. 🙂
tter to send, once things are done. 🙂