how not to fuck up the first time like i did
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Lessons from Both Sides of the Table. How not to Fuck Up the First Time Like I Did. Mark Suster NextGen Conference, January 2011 @ msuster. Me. Software development at Andersen Consulting BuildOnline, CEO in London at 31 (sold to public company) Koral, CEO in Palo Alto - PowerPoint PPT PresentationTRANSCRIPT
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How not to Fuck Up the First Time Like I Did
Mark Suster
NextGen Conference, January 2011
@msuster
Lessons from Both Sides of the Table
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Me
Software development at Andersen Consulting
BuildOnline, CEO in London at 31(sold to public company)
Koral, CEO in Palo Alto(sold to Salesforce.com)
VC in Los Angeles
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The Stupid Mistakes I Made the First Time
(but not the second time!)
** there were no blogs, no instruction manuals ;-)
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I Didn’t Start Young Enough
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JFDI
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I Wasn’t Passionate About My Idea
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I Raised Too Much Money
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I Had Too Many Cofounders
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I Pushed PR Before Our Product Was Ready
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I Launched Too Many Products & Overspec’d
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I Internationalized Too Early
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My Team Was Too Much Like Me
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I Hired Too Senior of a Team
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I Attended Too Many Conferences
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I Didn’t Flip Burgers
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I Charged Too Much
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I Became a Prostitute for Revenue
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I Never Thought About Selling the Company
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I Stayed Too Long
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Take Aways
1. Don’t be afraid to try when you’re young & unencumbered
2. Find a topic you’re passionate about
3. Start lean
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Take Aways (cont.)
1. Flip burgers
2. Don’t be a ho
3. Focus on your customers – nothing else matters
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Mark Suster
NextGen Conference, January 2011
@msuster ; BothSidesoftheTable.com