advice for first-time entrepreneurs

14
What is the one piece of advice you would give first-time entrepreneurs?

Upload: mira-zaslove

Post on 21-Nov-2014

90 views

Category:

Small Business & Entrepreneurship


2 download

DESCRIPTION

"A-Players hire A-players, B-players hire C-players." - Steve Jobs

TRANSCRIPT

Page 1: Advice For First-Time Entrepreneurs

What is the one piece of advice you would give first-time entrepreneurs?

Page 3: Advice For First-Time Entrepreneurs

"A-Players hire A-players, B-players hire C-players." - Steve Jobs

Page 4: Advice For First-Time Entrepreneurs

As a first-time entrepreneur, your idea is going to change.

You will need a solid group around you to successfully build your idea and execute.

Page 5: Advice For First-Time Entrepreneurs

Why is hiring A players critical?A

Page 6: Advice For First-Time Entrepreneurs

Like attracts like. A top notch database designer is going to bring in a top notch web designer, who will attract the top sales and marketing team.

Page 7: Advice For First-Time Entrepreneurs

You want the A-players leading and setting the tone.

Page 8: Advice For First-Time Entrepreneurs

They aren’t threatened by people who know more than them. Instead they want to work with people smarter than them. 

Page 9: Advice For First-Time Entrepreneurs

They are working for long term growth, not short term ego boosts. 

Page 10: Advice For First-Time Entrepreneurs

They aren't afraid of sunk costs. As your idea, strategy, and goals change you are going to incur sunk costs.

Page 11: Advice For First-Time Entrepreneurs

They always make best decision. A-players are less prone to being swayed by decisions, time, or money they've

already lost.

Page 12: Advice For First-Time Entrepreneurs

You become like the people you surround yourself with, so set yourself up for success early on.

Page 13: Advice For First-Time Entrepreneurs

In the Company of Giants, Rama Dev Jager and Rafael Ortiz spoke to Steve Jobs about starting a company.

He told them, "When you're in a startup, the first 10 people will determine whether the company succeeds or not."

Photo Credit:  www.cultofmac.com