Max Gurvits -- 18 Mistakes Startup Founders Make
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Transcript of Max Gurvits -- 18 Mistakes Startup Founders Make
Max Gurvits CCC Startups
@MxGur
Do you know who this is?
Paul Graham, founder of YC
http://www.paulgraham.com/articles.html
Every successful entrepreneur does THREE things right • Hires best people, usually smarter than
themselves • Works harder than everyone else • Is vulnerable
Why co-founders are important?
You know these guys
How about these?
And these?
You have to sell to someone first
GEOGRAPHY is VERY important
Wow, no one is doing this except us!!
Seriously!
No competition = NO DEMAND
Don’t get featuritis
How to find mentors to learn from?
Figure Out Who is Who
Build relationships
Don’t hire these guys
Actually, don’t hire anyone at all. Get a tech co-founder
Everyone needs to iterate
Measure week by week, month by month
Actually, you don’t need to launch at all!
Always research your user’s needs
Great resource for this:
You probably need $$ from investors
Do you know what an ELEVATOR PITCH is?
Persuade someone to TAKE ACTION in 30 seconds
This is ALL you need to be able to do
Remember, the point of the PITCH is to get a MEETING
In the MEETING, you tell the FULL story
My first office (oops)
You can always be more LEAN
This is what happens
Ever heard of Clinkle?
Or Color?
The Investor’s Decision Process
The PERFECT Entrepreneur passes all 4 with flying colors
Learn to say no to possible clients, don’t become this guy
Learning entrepreneurship is like
It is EXPERIENTIAL
My favorite quote on entrepreneurship
Remember the movie?
ALWAYS know your numbers
Overcoming your weaknesses
BULGARIA – Emailio (YC)
SERBIA– VetCloud (Techstars)
Croatia – Farmeron (500)
BULGARIA– MammothDB (3TS)
