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b5 Challenge: An offering from a friend

by Miki Saxon

A friend who is in stealth mode for his startup took a moment out of his 18-hour day (no exaggeration) and sent me the following, the first is advice to me and the rest is for Kay.

Miki, be more of a firebrand and iconoclast (gee, I’m usually told to be less of these:) in this and I think you’ll have more fun at the exercise.

If Mark Twain could give advice to an entrepreneur: (I’m channeling Samuel Clemens)

Like remodels, startups cost 3X your budget and take 2X your time estimate.

Play rugby, not Football: everyone must punt, tackle, pass, catch

Marry up. Hire people 5x better than you at what THEY do.

Like 3 year olds, be passionate, humble, impatient, grateful…daily.

Like gypsies, channel your customer.

Superb advice, I recommend it to everybody, not just entrepreneurs.

This entry was posted on Thursday, December 13th, 2007 at 4:25 pm and is filed under Entrepreneurship, management. You can follow any responses to this entry through the RSS 2.0 feed.
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One Response to “b5 Challenge: An offering from a friend”
  1. Bridget Wright Says:
    December 13th, 2007 at 8:08 pm

    Great tips! We would do well as business people to heed his business advice. I especially like the one, “Like 3 year olds, be passionate, humble, impatient, grateful…daily.” Starting tommorrow, I think I will.

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