What startups are really like

Running a startupon October 27th, 2009Comments
photo of Paul Graham
Paul Graham pic via Wikipedia

If you are an entrepreneur in the digital space, one of the key people to follow and learn from is Paul Graham, a highly-influential and experienced Internet player founder of Y-combinator , the popular seed-stage funding company.

Here are some insights on “what startups are REALLY like” he recently gathered from the founders of companies he had invested in:

1. Be Careful with Cofounders

2. Startups Take Over Your Life

3. It’s an Emotional Roller-coaster

4. It Can Be Fun

5. Persistence Is the Key

6. Think Long-Term

7. Lots of Little Things

8. Start with Something Minimal

9. Engage Users

10. Change Your Idea

11. Don’t Worry about Competitors

12. It’s Hard to Get Users

13. Expect the Worst with Deals

14. Investors Are Clueless

15. You May Have to Play Games

16. Luck Is a Big Factor

17. The Value of Community

18. You Get No Respect

19. Things Change as You Grow

Make sure to read the full post here…. print it out, memorize it, don’t let these great lessons learned be forgotten!

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