Through personal experience I’ve found that building on the advice and experience of others who have actually been where you want to be is invaluable. It may be thinking, “Well, duh,” but I think oftentimes entrepreneurs stay within their little silos and try to do everything on their own. Additionally, not everyone has access to the types of people who could really give them some great advice. So, I’ve culled some of the best startup advice that has appeared on DailyTekk over the last several weeks and made it easily accessible and digestible (I’ve even thrown in a bit of advice from yours truly at the end). These are valuable musings from some incredibly bright people who have doing some interesting and visible things and it’s definitely worth your time to read through. Note: to view the original article each quote appears in just click on their name!
Greg Mazanec (LivingSocial): It’s not about the idea; it’s about execution. Also, don’t be afraid to talk about an idea you are chasing. The sooner you start to execute on an idea the sooner you will get the feedback needed to help shape it into what it is actually going to be. Talk with customers and prospective clients and use their feedback to quickly reframe the parts of your idea that don’t work to make something even better.
Guillaume Martin (Pictarine): Talk to your users or your potential users. Truly understand that your real value is not your product, it’s the community that uses your product. Without users, you are nothing more than lines of codes. So go meet your community and listen!
Jon Stein (Betterment): Build it, put it in people’s hands, make it real. The sooner the better. If you’re pitching to Angels or VCs, you’re going to have a much easier time if you have something you can show them. Prove that you can execute. Build that prototype. Get your business cards. Start using your @[yourdomain] email address. Every little bit that you make it more real, then others around you will start to believe it, too. Don’t just say, we can get this market – show survey data that indicated demand. Buy cheap ads on Facebook and show click-through rates. If you’re building a consumer product, you want to get it in their hands and start getting real feedback as early as possible. If you wait until it’s ...