As good as a list as I've seen from VentureHacks:
- Move to Silicon Valley. [BC: Not mandatory]
- Pick a great co-founder with complementary skills.
- Select people with intelligence, energy and integrity.
- Pick a big market.
- Develop the minimum viable product to test your hypothesis about what the market needs. Preferably it’s a product that you’re passionate about since you’ll need to stick with it to an irrational point (the Internet especially is efficiently arbitraged).
- Iterate like crazy until you find product/market fit. If you don’t find it, do not raise money, do not pass go. Start over.
- If you have found product/market fit, raise money from high-quality people that you trust. Keep control.
- Scale. Hang on.
The links within the list are good as well.
- Interview with Australian teen who had a party when his parents were out of town and refuses to apologize on TV.
- Clint Eastwood lists three reasons why he will never win an Oscar.
- Chris Yeh comment on my post on interestingness: "Things are interesting when they are both novel yet strangely familiar. It's like when you meet a new person, yet it seems like you've known them forever."
- Interesting photo project of strangers touching each other.
- Mexico's conflicting interests when it comes to the drug trade. Another masterful analysis from Stratfor.
17 comments on “8 Steps to Starting a Start-Up”
That is a great collection of useful posts full of inspiration!
I am always searching online for articles that can help me. There is obviously a lot to know about this. I think you made some good points in Features also. Keep working, great job!
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This guideline might come in handy for me someday but I’m still just considering it since it’s quite a big decision to make. register domain name
Can you help me find a big market? I’m quite confused as to what to choose. Freight Forwarder Singapore
Putting a business is kinda risky but that’s a risk I’m willing to take since I’m a motivated businessman. I’m just a beginner in this industry but I’m inspired to go on. Emas Offshore Marine
These exact steps have in fact helped me in my business today. I started up this way but I’m doing great today. webhosting
I think I’m gonna go with my sibling, a relative or my bestfriend as a co-founder since most of them have experience when it comes to business. ihubsolutions.com.my
i think the most difficult part here is finding someone you can trust. dyslexia kit set
At first, I thought I really had to move to Silicon Valley. Didn’t read the “not mandatory” part. secom.com.sg
I think experience should also be included in number 3. seosubmit.com
Number 8 is the most difficult task for me since this is the time when you should be strong and hold on to your dreams whatever may happen especially since I’m just a starter in business. lindemh.com.sg
Do you have any advice about the minimum viable product?
I’m now in the phase of finding the best market fit for me. I seem to be having some problems with it.
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Is there any list for the big market here? If there is, can you please pace the link here?
Starting up may be difficult for many people but this might be a good idea. The Six Figure Mentors
Wow the last part is very meaningful. Hang on. That’s right and be patient. amazon.com
This article is convincing me to start moving on from today and start over again. natural astaxanthin