Book description
Practical advice from some of today's top early stage investors and entrepreneurs
TechStars is a mentorship-driven startup accelerator with operations in three U.S. cities. Once a year in each city, it funds about ten Internet startups with a small amount of capital and surrounds them with around fifty top Internet entrepreneurs and investors. Historically, about seventy-five percent of the companies that go through TechStars raise a meaningful amount of angel or venture capital. Do More Faster: TechStars Lessons to Accelerate Your Startup is a collection of advice that comes from individuals who have passed through, or are part of, this proven program. Each vignette is an exploration of information often heard during the TechStars program and provides practical insights into early stage entrepreneurship.
Contains seven sections, each focusing on a major theme within the TechStars program, including idea and vision, fundraising, legal and structure, and work/life balance
Created by two highly regarded experts in the world of early stage investing
Essays in each section come from the experienced author team as well as TechStar mentors, entrepreneurs, and founders of companies
While you'll ultimately have to make your own decisions about what's right for your business, Do More Faster: TechStars Lessons to Accelerate Your Startup can get your entrepreneurial endeavor headed in the right direction.
Table of contents
- Copyright
- Foreword
- Preface
- About TechStars
-
1. IDEA AND VISION
- 1. Trust Me, Your Idea Is Worthless
- 2. Start With Your Passion
- 3. Look for the Pain
- 4. Get Feedback Early
- 5. Usage Is Like Oxygen for Ideas
- 6. Forget the Kitchen Sink
- 7. Find That One Thing They Love
- 8. Don't Plan. Prototype!
- 9. You Never Need Another Original Idea
- 10. Get It Out There
- 11. Avoid Tunnel Vision
- 12. Focus
- 13. Iterate Again
- 14. Fail Fast
- 15. Pull the Plug When You Know It's Time
-
2. PEOPLE
- 16. Don't Go It Alone
- 17. Avoid Co-Founder Conflict
- 18. Hire People Better than You
- 19. Hire Slowly, Fire Quickly
- 20. If You Can Quit, You Should
- 21. Build a Balanced Team
- 22. Startups Seek Friends
- 23. Engage Great Mentors
- 24. Define Your Culture
- 25. Two Strikes and You Are Out
- 26. Karma Matters
- 27. Be Open to Randomness
-
3. EXECUTION
- 28. Do More Faster
- 29. Assume that You're Wrong
- 30. Make Decisions Quickly
- 31. It's Just Data
- 32. Use Your Head, then Trust Your Gut
- 33. Progress Equals Validated Learning
- 34. The Plural of Anecdote Is Not Data
- 35. Don't Suck at E-Mail
- 36. Use What's Free
- 37. Be Tiny Until You Shouldn't Be
- 38. Don't Celebrate the Wrong Things
- 39. Be Specific
- 40. Learn from Your Failures
- 41. Quality over Quantity
- 42. Have a Bias Toward Action
- 43. Do or Do Not, There Is No Try
- 4. PRODUCT
-
5. FUNDRAISING
- 53. You Don't Have to Raise Money
- 54. There's More than One Way to Raise Money
- 55. Don't Forget about Bootstrapping
- 56. Beware of Angel Investors Who Aren't
- 57. Seed Investors Care about Three Things
- 58. Practice Like You Play
- 59. If You Want Money, Ask for Advice
- 60. Show, Don't Tell
- 61. Turn the Knife after You Stick It in
- 62. Don't Overoptimize on Valuations
- 63. Get Help with Your Term Sheet
- 64. Focus on the First One-Third
- 6. LEGAL AND STRUCTURE
- 7. WORK–LIFE BALANCE
- 8. THE EVOLUTION OF TECHSTARS
- A. The TechStars Companies
- About the Authors
- Acknowledgments
Product information
- Title: Do More Faster: TechStars Lessons to Accelerate Your Startup
- Author(s):
- Release date: October 2010
- Publisher(s): Wiley
- ISBN: 9780470929834
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