Are You An Entrepreneur? 10 Must do’s!!

Are You An Entrepreneur? 10 Must do’s

Are you an aspiring entrepreneur or already one. If so then you will want to follow some general rules of thumb I have picked up being one myself since I was 19 years old.

1: Just Do It
You don’t need anyone’s approval and you probably won’t get it, so don’t even try.
2: Iterate
Build, release and iterate. Make a list of the features you want to create over the next six months and start NOW! For small companies, once a week; for larger companies, maybe twice a month.
Hire Your Boss: Make sure you hire people that you would want to work for and challenge you. Someone you can learn from. You don’t want to be surrounded people that are satisfied and content. In fact if possible hire someone smarter than you in different ways.
Demand Excellence: Ensure EVERYONE is committed to and understand your vision. Passionate, committed staff rub off on people. Stay involved in the hiring process as long as you possibly can.
Raising Money: The higher your evaluation is, the more equity you have to work with. Beg, borrow and steal. Be creative about finding ways to cut costs.  Stick with angel investment. Venture capital mean board meetings, which is a huge sap on time and resources.
Hack the Press: Contact the lower-end bloggers at your favorite tech blog. They have just as much opportunity to write about your product as any other blogger on the team. Attend the after-event parties. The same crowd that attends the events also goes to the parties, but the parties are free.
Invest in Advisors: Give away a small amount of stock to advisors so you can call them for general advice wen needed. Set the rules so you and the advisor know how much time you have access to.
Connect With the Community: Collect feedback and get advice from your users on Twitter Facebook Google Plus and outside in the real world!
 Leverage Your User Base to Spread the Word: Facebook notifications, Youtube Twitter etc is a great example of how to do this.
Analyze Your Traffic: Pay attention to how people are using your site, and then learn.Use Google Analytics to understand and track traffic sources.
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  1. Posted December 15, 2012 at 8:49 am | Permalink

    These tips are simply brilliant. I, being a young entrepreneur myself can surly vouch for these tips and the first one on not getting anyone’s approval is the truest one. Justin, I am your fan.

  2. Posted December 18, 2012 at 10:26 am | Permalink

    These tips are simply brilliant. I, being a young entrepreneur myself can surly vouch for these tips and the first one on not getting anyone’s approval is the truest one. Justin, I am your fan.

  3. Posted December 18, 2012 at 10:29 am | Permalink

    The third tip about hiring people, from whom you can also learn, greatly inspires and interests me. I had really not thought about such a thing before reading your post. Great work.

  4. Posted December 18, 2012 at 10:30 am | Permalink

    Wonderful tips and suggestion to be an entrepreneur. Summing up the qualities an entrepreneur has in 10 simple titles is not easy, but you Justin have made it sound very easy. Kudos.

  5. Posted December 18, 2012 at 10:31 am | Permalink

    Your last tip, about analyzing the audience and how the audience functions is something I have always advocated for in my company. Believe me all you readers, it really does work.

  6. Posted December 18, 2012 at 10:32 am | Permalink

    Justin Mathews, I have never been such a great fan of any blogger before as I am of yours. Your articles are flawless and they are written to perfection. Also you touch upon my favorite topics and that is why I am such a fan.

  7. Posted December 18, 2012 at 10:35 am | Permalink

    You sir, are a charmer. I try and read all your posts, on your blog and they interest me a lot. I would like to congratulate you on this one particularly, it is well written, thoughtful and informative.

  8. Posted December 18, 2012 at 10:37 am | Permalink

    All your tips are very useful, although I am still a college graduate but I want to become a successful entrepreneur. I think I am going to note down all your tips and keep them with me for life.

  9. Posted December 18, 2012 at 10:40 am | Permalink

    Great work Justin. Your articles are simply flawless, perfect to read, interesting, keep you engaged and give one amazing and tonnes of knowledge. I would love to read your posts more often. You are inspiring!

  10. Posted October 1, 2013 at 1:22 pm | Permalink

    Demanding excellence right from the very start is important. I have had a couple of employees that I let goof off when the business was starting because we were slow and now that we are busy, they are the worst people to deal with. Lesson learned.