I agree with you on Rule number 2. I had a profitable idea and I ended up making it public, asked for input from the community I was making it for, talked with knowledgeable people before having any work done on it. Because of that, a competitor popped up and made an exact copy of my idea thanks to everyones public input within the community. His site ended up becoming "the go to place" leaving my site idea in the dust and basically pointless to continue. So my advice would be to avoid talking about your idea or asking people for their opinions unless you trust them 100% or if their a partner. As soon as you have a beta going, then it should be fine to start asking the publics opinions...etc because your already more then halfway done.
Maybe Facebook should have taken some of this guy's advice# Be the first to recognise a problem. Everyone makes mistakes. Address the issue in public, learn about and correct it.# Don’t spend time on market research. Launch test versions as early as possible. Keep improving the product in the open.# Don’t obsess over spreadsheet business plans. They are not going to turn out as you predict, in any case.# Don’t plan a big marketing effort. It’s much more important and powerful that your community loves the product.
Kazbaeden- And how many startups have you done? Reading a lot on startups doesn't mean jack s**t when it comes to experience and finding what does and doesn't work. Loic has experience. You? Perhaps not. Like everything other person on Digg they think they know the 'best' way to do everything, but yet aren't doing it themselves and have little experience. Are you the biggest blogger in France? Have you started an innovative video company? Did the president of France and the US invite you to hang out? Has Obama invited you to meet him? No. Loic has his s**t together. You I'm guessing, don't.
realjamesDec 6, 2007
Really interesting, I especially like #10 "Don't focus on getting rich. Focus on your users. Money is a consequence of success."
deathfiredDec 6, 2007
I agree with you on Rule number 2. I had a profitable idea and I ended up making it public, asked for input from the community I was making it for, talked with knowledgeable people before having any work done on it. Because of that, a competitor popped up and made an exact copy of my idea thanks to everyones public input within the community. His site ended up becoming "the go to place" leaving my site idea in the dust and basically pointless to continue. So my advice would be to avoid talking about your idea or asking people for their opinions unless you trust them 100% or if their a partner. As soon as you have a beta going, then it should be fine to start asking the publics opinions...etc because your already more then halfway done.
munky100Dec 6, 2007
"So even though he’s French, his advice, when given, is worth listening to."
mrtrickDec 6, 2007
Nothing new to see here... please move along
restaurantlarDec 6, 2007
To be lucky brings success<a class="user" href="http://benvarim.blogspot.com/">http://benvarim.blogspot.com/</a>
joejoeknowsDec 6, 2007
Maybe Facebook should have taken some of this guy's advice# Be the first to recognise a problem. Everyone makes mistakes. Address the issue in public, learn about and correct it.# Don’t spend time on market research. Launch test versions as early as possible. Keep improving the product in the open.# Don’t obsess over spreadsheet business plans. They are not going to turn out as you predict, in any case.# Don’t plan a big marketing effort. It’s much more important and powerful that your community loves the product.
Closed AccountDec 6, 2007
Kazbaeden- And how many startups have you done? Reading a lot on startups doesn't mean jack s**t when it comes to experience and finding what does and doesn't work. Loic has experience. You? Perhaps not. Like everything other person on Digg they think they know the 'best' way to do everything, but yet aren't doing it themselves and have little experience. Are you the biggest blogger in France? Have you started an innovative video company? Did the president of France and the US invite you to hang out? Has Obama invited you to meet him? No. Loic has his s**t together. You I'm guessing, don't.
marc421Nov 11, 2008
Starting up in a down time?<a class="user" href="http://www.ScrappyUpstarts.com">http://www.ScrappyUpstarts.com</a>