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StartUp
Page history
last edited
by Kevin Cheng 14 years, 10 months ago
BUSINESS
equity
- People come and go, including founders. make sure to structure equity to account for change
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monetization
- The "night club model": freemium (dance floor), members/paid (vip), micropayments (bar)
HIRING
- Hire more slowly, fire more quickly
- Get rid of the bad apples early and fast, offer ways to exit
- paid x severance to leave, anytime
Retention
CULTURE
of the company
- Create the company based on the culture and value, not on the product or idea
- People will always remember how you made them feel
- Help everyone be part of something greater
- Make the 100 Best Companies to work for list
- Create a culture of giving and generosity of each other's time and resources
- Value everyone, trust them, respect them
- Trust means transparency but also means responsibility and accountability
- Provide autonomy
- Zappos uses "be a little weird" which breaks down some defenses and barriers and allows for indivuality to shine through
- Reward the good, ignore the bad instead of punish the bad and ignoring the good.
- Provide anonymous feedback forms (goog form?) for feedback on the company and the leadership
- Autonomy, Mastery, Purpose. Financial incentives can create lower performance: http://www.ted.com/talks/dan_pink_on_motivation.html
of the audience
- Ask what kind of culture do you want to foster?
- Own up to mistakes externally, create a culture of "we're in this together" with the customers
TECHNICAL
- Iterate quickly through continuous integration maybe even continuous deployment so you can try many hypotheses quickly
- Solve only enough to test things out and be willing to refactor as necessary
DESIGN/PRODUCT
- Have a point for every design decision. What are you trying to have them do? What ACTION?
- Assume you are wrong so you're willing to change it
PROCESS
- Shorter, more discrete timelines are necessary but need to balance that with not micromanaging
- Mix up teams every cycle to avoid creating boundaries and rifts and to help cross train
- Give people/teams problem sets and enough data to propose and execute solutions
- Don't compromise on quality. Don't ship something that doesn't test a theory properly.
BOOKS / MORE LINKS
StartUp
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