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Advice for High Tech Startup Entrepeneurs

Advice for High Tech Startup Entrepeneurs

Here is another page that is related on how to startup a high tech company, how to cut-corners and avoid pitfalls. Adam Sah has posted a must-read book list, followed by a list of advices which has some soild information in it. Here are the summaries:

  1. project, product, company. When deciding to start a company, decide if your NBT (next big thing) is a project, a product or a company.
  2. product development. Don’t over-invest in the product without solid feedback from the market (target customers– people who’d buy your product and pay-enough for it). Also, it’s a mistake to hire proddevs who don’t know how to cut corners– ideally, you want people who are eager to “do it the right way” when the company gets established, but take equal pleasure in cutting corners like crazy, yet still ship something usable.
  3. startup experience counts. There are now lots of people who’ve had success in startups. You should focus hiring on people who’ve been in successful startups, ideally several of them (!). Of Addamark’s first 10 employees, the average was 4 startups, and 2 successes; the executive team was 10 for 13 in the previous decade, i.e. before the bubble– and people had heard of these companies and products.
  4. what to outsource. Outsource legal, HR and as much of IT as you can (e.g. email, mailing lists, etc.). Don’t outsource proddev, busdev or marketing/strategy– these areas have big ramp-ups, and consultants will each make the same early mistakes.
  5. ignore dilution. Quite apart from the math, “winning is funner than losing” and winners look better on your resume (which leads to better comp packages). Life is short– focus on winning.
  6. busdev, not sales. Good business development folks can help define the product, and find markets for it– and oftentimes, the first market for a new product or technology is pretty exotic.
  7. early VC fundraising. Fundraising is a form of sales– understand your customers inside and out, and treat the whole thing like a sales pipeline.
  8. angel fundraising. Money is money, so take angel fundraising seriously — think of it as a form of sales, i.e. pipeline management.
  9. recruiting. Recruiting is another form of sales, and there’s an art to it.
  10. corporate structure and capitalization. It pains me to see great products and technologies floundering in companies that aren’t viable.
  11. revenue management. Once the product is “sellable” and the company “viable,” the next thing you need is professional revenue management, aka “sales management.”

Go to his page and read through all of the details on those points.

Adam’s Advice and Reading List for High Tech Startup Entrepeneurs – [Adam Sah]
Related resouces:
How to start a Start-up
From Start-Up to Success in Internet Years


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      Last Updated on February 11, 2021

      20 Unusual Uses for Coca-Cola That You’ve Never Considered

      20 Unusual Uses for Coca-Cola That You’ve Never Considered

      Coca-Cola is an adored product the world over. While keeping yourself in good health means moderating how often you enjoy this drink, Coca-Cola lovers will be happy to hear that there are plenty of uses for the soda pop that don’t involve ingesting it. Impressively, Coca-Cola can be used to help you clean, get rid of rust, and even help maintain your garden. Whether you are looking for a way to finally get rid of those pesky stains, or just want to find new ways to love this drink, these 20 jaw-dropping and unusual uses for Coca-Cola will blow you away.

      Kill pests in your garden

      Coca-Cola is also an effective pest control method for your garden. To rid yourself of plant munching slugs and snails, pour a small bowl of Coca-Cola and place it near your garden or flowerbeds. The smell will attract these crawling bugs and the drink’s acidity will kill them.

      Defrost your windshield

      Incredibly, Coca-Cola can also defrost your windscreen in the wintertime. Simply pour Coke liberally across your windshield and wait about a minute. The ice should turn to slush for easy removal.

      Clean your pans

      Coca-Cola is also useful in the kitchen, especially on burnt pans. For any pan with burnt on messes, pour a can of Coke into the pan and simmer. The mess should easily wipe away. You can also soak kettles and other kitchen items in Coca-Cola to remove scale and build up.

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      Clean bugs from your windshield

      Another way Coca-Cola can aid in your car care is by removing bugs and gunk from your windshield. Soak a cloth in coke, then rub across your windshield. Just be careful not to get any on your paint job.

      Remove rust from your car

      Coca-Cola is also useful when removing rust. The simplest method is to dip crumpled tinfoil in Coca-Cola, then give the item a scrub and you should be rust free.

      Loosen rusty bolts

      Similarly, use Coca-Cola to loosen up a rusty bolt. Simply unscrew the bolt half a turn and pour on Coca-Cola. Let it sit, then give the metal a wipe. The bolt and screws will be one hundred percent in no time.

      Remove stains from your fabric

      Surprisingly, Coca-Cola is incredibly helpful when removing stains from clothing and fabric. Coke will easily remove grease stains, as well as blood spots. Remember that Coca-Cola itself is brown, so stains on light fabrics might be better removed another way.

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      Remove oil spots

      Another way to use Coca-Cola is to remove oil stains from cement. Whether it’s your garage or your driveway, soak the stain in Coca-Cola for a few hours then hose off.

      Relieve jellyfish stings

      Should you be unwilling to neutralize a jellyfish sting the traditional way (with urine) pouring Coca-Cola on the sting will also do the job.

      Clean your car engine

      Coca-Cola is also an effective ways to clean your car engine. Believe it or not, Coke distributors have reportedly been a fan of this technique for ages. 

      Use it in cooking

      Coca-Cola is also a fantastic addition to many recipes. Using Coca-Cola to cook pot roast or steaks in will easily tenderize the meat for you. Mixing Coke with ketchup or barbecue sauce also makes for a delightfully sweet glaze.

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      Clean your old coins

      Another way to use Coke to clean is to soak tarnished coins in the soda. About ten minutes should be enough to get rid of the muck.

      Clean your tiles

      Incredibly, Coca-Cola can also be applied to tiles to effectively clean grout. Let Coke sit on the tiles that need cleaning for a few minutes, then wipe away.

      Supercharge your compost

      Coke is also an impressive way to speed up your compost. The sugar in Coca-Cola feeds micro organisms, plus the acidity will help your compost break down faster.

      Remove gum from your hair

      Coca-Cola can also help you avoid a major hair disaster. If you have gum stuck in your hair, dip the gum into a small bowl of Coke and let it sit for a few minutes. The Coca-Cola breaks down the gum, allowing you to wipe it off.

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      Fade unwanted hair dye

      Similarly, if you made a mistake with your hair dye, Coca-Cola comes to the rescue. It’s probably best to get in the shower first, then pour Diet Coke over your hair. Let the soda sit for a few minutes, then wash your hair like normal. This method is effective in removing temporary hair dyes, but will likely only fade professionally applied dyes.

      Clean marker stains

      Coca-Cola is also an easy way to remove marker stains from carpet. Apply a small amount of Coke, scrub the spot, then clean with soapy water. Again, remember that Coca-Cola is brown, so removing stains on white or light-colored carpets might be better achieved with another method.

      Clean your toilet

      Coca-Cola can also help you clean elsewhere in the house. To easily clean a toilet, pour Coca-Cola all around the bowl and let it sit. There’s no need to scrub, simply flush and your toilet should be sparkling clean.

      Feed your plants

      Coca-Cola is also a surprising way to add a little extra life to some flowering plants. Particularly with azaleas and gardenias, adding a small amount of Coca-Cola to the soil can deliver nutrients your plant may be low on.

      Get rid of bugs at a picnic

      The last of our unusual uses for Coca-Cola is to safeguard your picnic or outdoor lunch from pests and wasps. Simply pour a small cup of Coca-Cola and set it out about a half hour before you start to eat. By placing the cup away from your site, bugs will be drawn to the soda and not your lunch.

      Featured photo credit: Omer Wazir via flickr.com

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