Startup tips

Tonight I was speaking with entrpreneur David Eedle who sold his start up www.artshub.com.au for some big money in 2006. When asked what matters for web startups he said the following:

The same principals which matter to any business. The principals never change. He also said these things in particular matter:

  • Earn more than you spend
  • Get your value proposition right – clue it’s not ‘free’
  • You have to sell something before you sell the company
  • You can’t do it by yourself – you need some awesome people to help you, but less than you think. Think in handfulls.
  • You don’t need dedicated resources and high end tech stuff. It never wins.

And startup blog agrees with every word.

One thought on “Startup tips

  1. I like the article. You need to surround yourself with people that are going to help you. With starting a business you can never do it alone.

Leave a Reply