Rizal Philippines | December 19, 2013
From Entrepreneur. com by Mark Cuban
It is just 5 days before Christmas. Merry Christmas to all start ups out there.
Rules for start ups? May be guide. Start ups hate rules. They are there in the first place because they dislike rules. Maybe guide or suggestions are better title.
Here are some of them:
1. Start a company you love and like doing; ;
2. If you have an exit strategy, you violate numbe 1;
3. Hire people who like your company
4. Sales cure all (financing etc) Start a company whose product are liked by people and therefore will sell
5. Know your competencies and focus on being good at them
Read more
This is all about new ideas and innovation. Entrepreneurship is all about new ideas and innovation. There could be no entrepreneurship unless the entrepreneur thinks out of the box, is creative, and constantly thinks of making his product, his market, his processes, his business model new. It is all about being better than before and the competition. It is all about preparing for the future. Maintaining status quo means death the end of the enterprise.
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