23 Jul '12, 2am

3 tips for startup success (Hint: flexibility is key)

3 tips for startup success (Hint: flexibility is key)

Don’t fall in love with your plan or product. Instead, do fall in love with the problem you’re solving and the people you’re impacting. As an entrepreneur, one of the biggest mistakes you can make is to elope with your business plan. If you run off in stealth mode and marry your approach because you’re simply too worried that someone will steal your idea, you’ll end up missing out on vital feedback or a connection that could make or break your startup. Seek out advice and mentorship early, listen , and then adjust your plan and product to better address your customers and the problem your product aims to solve. As Dharmesh said, “It’s not about making the best camera. It’s about making the next generation of photographers.” Your goal is not to beat the competitors, but to make an impact. It’s easy to forget that entrepreneurship is not an Olympic event — if you beat everyo...

Full article: http://e27.sg/2012/07/23/3-tips-for-startup-success-hint-...

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