I caught this over at blogmaverick. This is a post on starting up a business. I am going to summarize some of the points. You can check the link for more details on some of the points. I have lots of respect for Cuban and what he has been able to do with businesses. I also like the attitude that he has and passion for his businesses.
“1. Don’t start a company unless its an obsession and something you love.
2. If you have an exit strategy, its not an obsession.
3. Hire people who you think will love working there.
4. Sales Cures All. Know how your company will make money and how you will actually make sales.
5. Know your core competencies and focus on being great at them.
6. An expresso machine ? Are you kidding me ? Shoot yourself before you spend money on an expresso machine.
7. No offices. Open offices keeps everyone in tune with what is going on and keeps the energy up.
8. As far as technology, go with what you know. That is always the cheapest way. If you know Apple, use it.
9. Keep the organization flat. If you have managers reporting to managers in a startup, you will fail.
10. NEVER EVER EVER buy swag. A sure sign of failure for a startup is when someone sends me logo polo shirts.
11. NEVER EVER EVER hire a PR firm. A PR firm will call or email people in the publications, shows and websites you already watch, listen to and read.
12. Make the job fun for employees. Keep a pulse on the stress levels and accomplishments of your people and reward them. “
Popularity: 1% [?]
