Entrepreneurs need to know 50 words

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There are many online entrepreneurs Experience.
David Cummings summed up the 50 words from which, put together look, really makes gains.
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entrepreneurs need to know 50 words
of: David Cummings
Translator: Ruan Yifeng
1.
just do it.
Just do it
2.
99% of the decision-making, can be changed.
99% of decisions aren't permanent
3.
recruit people to be careful, to be quickly dismissed.
Be slow to hire and quick to fire
4.
effectiveness must be evaluated.
Measure what you manage
5.
customers is more important than the competition.
Competition isn't as important as the customer
6.
95% of the start-up companies should not be financing.
95% of startups shouldn't raise money
7.
join entrepreneur groups.
Join a startup peer group
8.
rapid growth of the biggest challenges is how to let each employee find their own place.
The biggest challenge with growth is keeping everyone aligned
9.
price war to go very far, customer service is fundamental.
Price differentiation doesn't last long but customer service does
10.
the most important factor of success is the selection of the time.
Market timing is the most important factor for homeruns
11.
so that customers become your salespeople.
Empower customers to help sell new customers
12.
for your team to create the best working environment.
Create the best environment you can for your team
13.
its not quote the answer, it is better to ask the right questions.
Asking good questions is more important than guessing the answer
14.
establish relationships in the future will help you.
Build relationships before you need them
15.
start negotiations, failed to make preparations.
Always consider the best alternative outcome before beginning a negotiation
16.
external business and management in the business between internal operations, the correct allocation of time.
Consciously balance time working in the business vs working on the business
17.
you only get one chance to get your first impressions of others.
You only get one first impression
18.
you start to do, may not be what ultimately makes you successful.
What you start out doing isn't likely where you'll find success
19.
out of the corporate culture, everything will be orderly.
Get the corporate culture right and everything will fall into place
20.
not to think about the future how to exit, this is the best exit strategy.
The best exit strategy is to not need one
21.
site biggest enemy is the browser's
The biggest enemy of websites is the browser Back button
22.
recurring income is the best form of income.
Recurring revenue is the best form of revenue
23.
not burning bridges, the world is very small,ferragamo womens shoes, you will be punished.
Don't burn any bridges as it is a small world
24.
to build a highly targeted brand, and then around it to do well in all aspects.
Build a niche brand and curate all aspects of it
25.
cycle of start-up companies, is a healthy sign.
Pivoting and iterating is healthy in a startup
26.
never asked suppliers to provide discounts.
Always ask for a discount
27.
not think that a wonderful thing that only you think of this idea.
Your idea isn't unique
28.
share ideas with others, and you will get unexpected benefits.
Sharing your idea with others will lead to benefits you can't predict
29.
simple as possible.
Keep it as simple as possible
30.
people identify with the company, even in the identification products.
People identify with companies more so than products
31.
only the first time,monster beats in ear, it is worth to spend money on professionals (lawyers, accountants, etc.) to help.
It's worth paying a professional (lawyer, accountant,tory burch ballet flats, etc) to do it right the first time
32.
to develop a goal, and then you get used to the decision-making information is always changing.
Set goals and adapt to changing information
33.
story is the most powerful marketing tool.
Storytelling is more powerful than marketing
34.
most startups, the initial pricing for their products, are set too low.
Most startups initially price their product / service too low
35.
must have time to think.
Make time to think
36.
concerned about the pace, statistics and priorities.
Focus on rhythm, data, and priorities
37.
not to say that your new business model, but rather use the example of the traditional description of the industry.
Develop offline analogies to describe your startup
38.
start a company just for money.
Companies aren't just about profits
39.
even small victories to celebrate.
Celebrate the small victories
40.
you want to avoid weaknesses.
Play to your strengths
41.
not be the views of users or so.
Be opinionated about your product when considering customer suggestions
42.
know what their characteristics, and clearly expressed.
Know why you're different and clearly articulate it
43.
not behind closed doors.
Don't develop products in a vacuum
44.
with employees, customers,coach glasses, investors and the community, to maintain regular communication.
Regularly communicate with employees, customers, investors, and the community
45.
all of your vital, you must maintain good relations.
Remove friction for all stakeholders
46.
can not find the decision-making basis, people will make up their own.
Absent information people make up reasons
47.
a person's energy is limited, at the same time can only do three things at most.
It is difficult to concentrate on more than three things at any one time
48.
you hire someone to decide everything.
Employees are the most important stakeholder
49.
There is no perfect plan.
No plan is perfect
50.
you
Consume the startup but don't let it consume you
(End)
From: Ruan Yifeng's BLOG http://www.ruanyifeng.com/blog/2010/09/50_things_every_startup_should_know.html