Top 10 things more valuable than post graduate studies

Should you go back to college, or are there other things you could do to enrich your career and life ? http://startupblog.wordpress.com/2010/10/31/top-10-things-more-valuable-than-post-graduate-studies/

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Create a spreadsheet with all of your customer details

A report is available for creating a spreadsheet with your customer details. To run this login to Invoiceplace, select the ‘Reports’ tab and then choose ‘Customer List’.

The report prints these details:
- Business name
- A contact
- Telephone number
- Cell / Mobile
- Fax number
- Email address
- Address
- Your notes and comments.
Try Invoiceplace today – Easy Invoicing And Quotes From Anywhere. Sign up for free, click here to start.

The authentic phone message challenge

What if a company was honest with the message you hear over and over when they put you on hold?  http://startupblog.wordpress.com/2010/10/16/the-authentic-phone-message-challenge/

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22 Ways To Fail

A very useful list of things start-ups should not do – http://blog.bartjellema.com/2010/10/11/22-ways-to-fail/

via Bart Jellema by Bart Jellema on 10/11/10


A while back I did a short presentation at Startup BarCamp Sydney on how to most effectively drive your startup into the ground. This list is a mix of things I’ve read, experience from people I’ve spoken to and a little bit of personal opinion. This post has been sitting in my draft for a while as I was going to add more info. But here’s is just the list I used:

Team
– Single founder
– No technical team member

Idea
– Refine your business model before you start
– Do in-depth market research
– Write an impressive 40-page business plan with awesome graphs, charts and projections
– Build a “nice to have”
– Be in it for the money
– Stick to your idea no matter what
– Don’t tell anyone about your idea, they will steal it
– Don’t network, it’s a waste of your time

Funding
– Seek funding before you start

Development
– Outsource all development
– Don’t quit your day job
– Make it perfect, don’t launch until it is
– Spend lots of development time making sure your app is scalable before you have any traffic
– Add lots of cool features (twitter/facebook integration etc)
– Give up when you hit a barrier

Growing
– Don’t talk to your customers until the product is finished
– Assume that when you build it, they will come
– Don’t waste time on your hiring process, any coder will do. If they don’t work out, give them a second chance
– Don’t listen to your customers/users, you already know what they want and need
– Don’t worry about the business model

Keep in mind… this is the perfect recipe for guaranteed FAILURE…. so you might want to try the opposite :)

How many of these are you guilty of?

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