This interesting topic that opened to the floor had startup maestros reveal their secrets to success and ways they overcame failures. These are valuable insights that should help you move past your own startup obstacles.
Ken Larson, CTO of clevertim.com
Jeff Jochum, Founder of Team-X.biz
Dave Baggett, Co-founder of ITA Software
At least in software, many startups these days are “built to flip”. They are about picking a space with a relatively easy MVP, grinding it out quickly, and getting acquired. This is a high-volatility strategy in my view.
Scot Chisholm, Co-Founder & CEO of StayClassy
From our experience at StayClassy, operating outside the Bay Area has proven to be advantageous in the long-run for a number of reasons. We actually considered moving our company there in the early days, but we didn’t, and we’re thankful for that now when looking back on things.
Here are three reasons why:
Frank Rimalovski, Executive Director of the New York University Entrepreneurial Institute
Customers are your most important resource. Not money. Not talent. Focus on customers first and foremost. Get to know them. Walk in their shoes. Delight them.
Startups that deeply know their customers tend to have a lot of them, and get the money and talent. Companies that have a funding problem or talent problem usually is code for a customer problem.