startup

Todd Hoff's picture

Robert Scoble's Rules for Successfully Scaling Startups

Robert Scoble in an often poignant FriendFeed thread commiserating PodTech's unfortunate end, shared what he learned about creating a successful startup. Here's a summary of a Robert's rules and why Machiavelli just may agree with them:

  • Have a story.
  • Have everyone on board with that story.
  • If anyone goes off of that story, make sure they get on board immediately or fire them.
  • Make sure people are judged by the revenues they bring in. Those that bring in revenues should get to run the place. People who don't bring in revenues should get fewer and fewer responsibilities, not more and more.
  • Work ONLY for a leader who will make the tough decisions.
  • Build a place where excellence is expected, allowed, and is enabled.
  • Fire idiots quickly.
  • If your engineering team can't give a media team good measurements, the entire company is in trouble. Only things that are measured ever get improved.
  • When your stars aren't listened to the company is in trouble.
  • Getting rid of the CEO, even if it's all his fault, won't help unless you replace him/her with someone who is visionary and who can fix the other problems.

    An excellent list that meshes with much of my experience, which is why I thought it worth sharing :-) My take-away from Robert's rules can be summarized in one word: focus. Focus is the often over looked glue binding groups together so they can achieve great things...

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    Save on a Load Balancer By Using Client Side Load Balancing

    In Client Side Load Balancing for Web 2.0 Applications author Lei Zhu suggests a very interesting approach to load balancing: forget DNS round robbin, toss your expensive load balancer, and make your client do the load balancing for you. Your client maintains a list of possible servers and cycles through them. All the details are explained in the article, but it's an intriguing idea, especially for the budget conscious startup.

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    Some Real Financial Numbers for Your Startup

    If you are a startup you may find useful Guy Kawasaki's post Financial Models for Underachievers: Two Years of the Real Numbers of a Startup. Part of any business plan are the projected guestimates. They are guestimates because everyone keeps these numbers hidden like a Swiss bank account. But not Redfin. They've bravely shared their initial cost projections, their actual numbers from real life, and the lessons they've learned from the discrepancy between the two...

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