Simple start-up guide and start-up guide for Internet Startups

Simple start-up guide and start-up guide for Internet Startups

This article is just a concise version of a startup guide-For more details, see: http://startupclass.samaltman.com

Before you start a business, you should have a good idea instead of a company.. If you have a good idea or project before you start, the risks will be lower and you will enjoy more creative ideas that may sound strange but potentially expand.The best way to create a company is to have an interesting project first..

In turn,If you create a company first, you will be under pressure to invest too much in your creativity.. If this is just an idea, a project, you can invest more time in the accumulation of this idea to find out more potential things you are willing to pay, this is very important-if this idea is feasible, you may invest a considerable amount of time to implement it.

Second, you need to have at least one technical partner in your team.(For example, a person who can implement any idea you want)

Furthermore, you should choose a fast-growing market instead of a large but slow-growing market.Especially when you find that the rapidly developing market will become very important, and others ignore it and think it is not important.

The best entrepreneurial idea is when it seems that it is boring and impossible, but in fact it is a very good idea (Tiandi Zhuhai sub-rudder note: when Bill Gates went to ibm to seek cooperation, who would think that Microsoft would have today? At that time, Bill Gates thought that was boring and unrealistic for ibm's senior executives ).

Then, your idea should be to create something that others want.. After you have an accurate goal, you can screw up some things before reaching the goal, but it is irrelevant, because at least you are still aiming at your goal to move forward. However, if no one wants what you want, there will be nothing to save you.

Once you transform your thinking from an "interesting idea or project" to a "company" model, you must act decisively and quickly.. Compared to making a decision over a week, you should make a decision in the unit of hours and complete it within the next few hours.

The heart must be strong enough. Make yourself tough-You need to believe that the road to entrepreneurship is painful and will keep you skeptical about your decisions.

Find a way to turn your idea into a product and present it to your users. Do It Yourself (please read: http://www.paulgraham.com/ds.html ))

Listen to your feedback from your users, improve your products, and then continue to listen. Until you come up with something that users really love.(According to the observations of many talented people, such as Paul Buchheit, the father of Gmail:It is more important to create a product that is easy for a small number of users than to create a product that feels good for most users.).

Don't burn your money too quickly, unless you are very sure that you are building a product that users love.. The best way to reduce the cost is not to recruit people too quickly.

You should have a strategic plan. In fact, many people do not have a strategic plan. Take some time to think about how you can implement it to convert your ideas into product results. Remember that one day you will monopolize the market (as Peter Thiel, founder of Paypal, said ).

Read the following link before you try to raise funds: http://paulgraham.com/fr.html.

You should learn to ask yourself what you actually need.

Don't take your comments from the media too seriously, especially when they feed you sugar shells.

At the beginning of your startup, You need to calculate the profits of your company..

If you want to recruit, You can recruit the best talent you can find.,No matter how much time you need. Make your employees feel as fair as possible and have high expectations for the company. Smart and efficient talents are crucial to your success. Please read: http://blog.samaltman.com/how-to-hire.

When the recruitment is wrong, you should immediately trigger the job without worrying about it.

When you find someone is not in tune with you, never partner with him.-This applies to the recruitment of employees (including co-founder of course), partners, investors, and so on.

Find a way to attract a large number of users(For example, do your best to learn how sales and marketing work ). Sometimes, when you are in the direction of the trend, let your users spend their customers' lifetime value (Tiandi will take the lead in Zhuhai) Note: "Customer Lifetime Value" refers to the total benefits that each purchaser may bring to the enterprise in the future. Research shows that, like a product, the customer's contribution to enterprise profits can also be divided into import period, rapid growth period, maturity period and recession period .) It should not be a good strategy to follow your products (Tiandi Zhuhai sub-rudder Note: there are too many choices. For example, if you want to learn poetry, everyone in Tang, Song, and Song dynasties, you have learned enough from everyone, so you are not a non-Su Shi teacher)

Keep an eye on your user growth rate. A company should meet the CEO's expectations.If you find yourself saying "we don't actually need to pay attention to the user growth rate", it's time to think about whether you're in the wrong direction.. At the same time, remember not to be blinded by some illusory and valueless data.

In the end, your company needs to evolve into a mission that everyone, especially the creators, will devote themselves.. The views of entrepreneurs on the "missionary vs mercenary" which has been abused in this industry are not false (Tiandi Zhuhai sub-rudder Note: mercenaries only focus on the money obtained after completing the task, while the missionaries are also interested in money, but they are more keen to explore the meaning of the work, the meaning of the process of achieving the goal, please refer to: http://www.ftchinese.com/story/001052793)

Do not waste time on irrelevant things (For example, focus on building your products, communicating with users, and growing your company ). In general, we should try to avoid building your own company as we can see in the movie-constantly holding meetings and discussions with lawyers and accounting personnel, discussions about how people can enjoy coffee outside, and how they interact in different conferences. Dude, if you want to start the company, hurry up and get back to the company to make the product ready!

Focus your energy on the key. Every day, let's think about what is the most important thing to do between two or three products today. Then, let's get started and don't worry about anything else. Do not make excuses a habit.

Do your best to blame!

Learn to manage users. Never forget: Make your employees happy to work.

In addition to creating a great product, if you really want to succeed, you also need to build a great company. So,Spend more time on your company culture.

Don't forget the importance of contacts!

Please do not always think about making money before you are not sure what products you want to sell. Do not "spy on the market ". Maybe some great companies in another parallel universe can still achieve their greatness after making this mistake, but in our universe, once they break this one, so these companies are dead!

Hard work is king! Everyone wants to find a success equation except effort. If this equation really exists, forgive me for not having seen it in my life..

The last thing you need to do is to keep working for 10 years and believe that you will eventually succeed.

Sam Alman

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Http://blog.samaltman.com/

Author/Translator	Public Account for knowledge sharing	CSDN
Tiandihui Zhuhai sub-Rudder	TechGoGoGo	Http://blog.csdn.net/zhubaitian