SILICON VALLEY AND ITS UNIQUE CULTURE
- You need to development your own morale/entrprenuership compass: due to information/opinion overload - Take in the knowledge/opinions as a starting point, then figure out your way of doing things.
- SV no longer make products: we encourage risk and accept failure.
- Failed entrepenuer in SV is: Experience; those who failed didn't shame your family or community, and we are interested to know about their next venture.
- The cost of doing startup is very low
BEING A FOUNDER IS HARD ESPECIALLY THE FIRST TIME
- Startup is an experience: even though I give you a manual about how other startups fail, most probably you still can't avoid failure for the first time. It's like teaching a children not to touch a hot kettle, but they are more likely to remember the lesson once they touch it.
ENTREPRENEURS ARE ARTISTS
- You see something other didn't; and you bring your pack towards your vision.
- You still need a process to validate your vision.
- Do customer validation yourselves, so you can't hide behind a supposingly "lousy" salesman; if 10 customers tell you head on that your product sucks, you need to do something about it.