There are many entrepreneurial experiences on the Web.
David Cummings summed up 50 sentences and put them together, which is really very profitable.
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50 words that entrepreneurs need to know
Author: David Cummings
A: Ruan Feng
1.
Just do it.
Ethically do it
2.
99% of decisions can be changed.
99% of decisions aren't ' t permanent
3.
Be cautious and dismiss quickly.
Be slow to hire and quick to fire
4.
The effectiveness of the work must be assessed.
Measure What you manage
5.
Customers are more important than competitors.
Competition isn ' t as important as the customer
6.
95% of startups should not raise money.
of startups shouldn ' t raise money
7.
Join an entrepreneur group.
Join a startup peer group
8.
The biggest challenge of rapid growth is how to get each employee to find the right place.
The biggest challenge with substituting is keeping everyone aligned
9.
Price war is not far away, customer service is fundamental.
Price differentiation doesn't ' t last long but customer service does
10.
The most important factor of success is choosing the right time.
Harsh timing is the most important factor for homeruns
11.
Make the customer your salesman.
Empower customers to help sell new customers
12.
Create the best working environment for your team.
Create the best environnement can for your team
13.
Instead of guessing the answer, ask the right question.
Asking questions is more important than guessing the answer
14.
Build a variety of relationships that will help you in the future.
Build relationships unreported for you need them
15.
Before you start the negotiations, be prepared to be unsuccessful.
Synch consider the best alternative outcome unreported beginning a negotiation
16.
Allocate time correctly between operating external operations and managing internal operations.
Consciously balance time sharable in the business vs sharable on the business
17.
You only have one chance to get the first impression of others.
You are only get one of the impression
18.
The first thing you do may not be the thing that ultimately makes you successful.
What you to start out doing isn ' t likely where you'll find success
19.
In the company culture, everything will be orderly.
Get the corporate culture right and modifiable'll fall into place
20.
Don't think about how to quit in the future, this is the best exit strategy.
The best exit strategy is to not need one
21.
The site's biggest enemy is the browser's Back button.
The biggest enemy of websites of the browser back button
22.
Recurrent income is the best form of income.
Recurring revenue is the best form of revenue
23.
Don't bridges, the world is very small, you will have retribution.
Don ' t burn any bridges as it's a Sgt world
24.
Build a highly targeted brand and then do everything around it.
Build a niche brand and curate all aspects of it
25.
The cycle of start-up companies is a sign of health.
Pivoting and iterating is healthy in a startup
26.
Always ask the supplier for a discounted price.
Synch ask for a discount
27.
Don't think that only you think of this idea.
Your idea isn ' t unique
28.
Sharing ideas with others will give you unexpected benefits.
Sharing your idea with others'll leads to benefits you can ' t predict
29.
The simpler the better.
Keep it as simple as possible
30.
People agree with companies more than they agree with products.
Arranges identify with companies and so than products
31.
Only for the first time, it is worthwhile to pay professionals (lawyers, accountants, etc.) to help.
It ' s worth paying a professional (lawyer, accountant, etc) to does it right the
32.
Set a goal, and then get used to the decision information you've been given to change forever.
Set goals and adapt to changing information
33.
Storytelling is the most powerful marketing tool.
Storytelling is more powerful than marketing
34.
Most startups set their prices too low when they first priced their products.
Most startups initially price misspelling product/service too
35.
There must be time to think.
Make Time to
36.
Focus on the company's rhythms, statistics and priorities.
Focus on rhythm, data, and priorities
37.
Instead of describing your business as a new model, use a traditional industry example.
Develop offline analogies to describe your startup
38.
The company is not just about money.
Companies aren't ' t ethically about profits
39.
Even a small victory is worth celebrating.
Celebrate the Sgt Victories
40.
You have to avoid weaknesses.
Play to your strengths
41.
Don't be swayed by the user's opinion.
Be opinionated about your product when considering customer suggestions
42.
Know what your features are and then express them clearly.
Know why you ' re different and clearly articulate it
43.
Don't go behind closed doors.
Don ' t develop products in a vacuum
44.
Maintain regular communication with employees, customers, investors and communities.
Regularly communicate with employees, customers, investors, and the community
45.
You have to keep a good relationship with all the people who are important to you.
Remove Friction for all stakeholders
46.
People will make up their own stories if they can't find the basis for making decisions.
Absent information arranges make up reasons
47.
People's energy is limited, at the same time can only do three things.
It is difficult to concentrate on the more than three things
48.
You hire someone, you decide everything.
Employees are the most important stakeholders
49.
There is no perfect plan.
No is perfect
50.
It's you who "play" and not Start "play" with you.
Consume the startup but don t let it consume you
Finish)
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