101 Startup Lessons-An Entrepreneur's Handbook

Written by George Deeb
Published on Sep. 29, 2011

What started out as an unknown editorial adventure back in March 2011 (launching the Red Rocket blog), has resulted in my writing 101 Startup Lessons--An Entrepreneur's Handbook for executives of aspiring startups.  This is my small contribution back to the startup ecosystem which has treated me so well over the years.  The next adventure will be getting it published!  Keep this list handy, as your future business needs arise.  And, thanks for forwarding this list to your entrepreneurial friends that you think may also benefit from such lessons.

 

Below are the 101 Startup Lessons (sorted by major business topic):

 

STRATEGY

Lesson #1: Drivers of Success for Startups.  Do I Have a Good Idea?

Lesson #7:  Key Components for Writing a Business Plan

Lesson #11: Considering Incubators or Accelerators for Your Startup

Lesson #12: How to Structure Your Board of Directors or Advisory Board

Lesson #17: Pitfalls to Avoid When Joining Someone Else's Startup

Lesson #19: How to Identify Your Competition

Lesson #37:  The Plusses and Minuses of Franchising

Lesson #38:  Things to Consider When Buying a Business

Lesson #43:  Examples of Barriers to Entry For Your Business

Lesson #45:  Find a Business Mentor or Business Coach

Lesson #63:  Determining Exit Options for Your Startup

Lesson #64:  How to Find Buyers for Your Business

Lesson #65:  How to Structure the Sale of Your Business

Lesson #81:  Considerations for Global Expansion

Lesson #96:  Vertical vs. Horizontal Growth Options

Lesson #100:  The Definitive Checklist for Startup Success

 

GENERAL BUSINESS

Lesson #3:  The Importance of Timing & Luck for Your Startup

Lesson #8:  Startups Require Flexibility to Optimize Business Model

Lesson #28: Expect the Unexpected -- Always Have a Cushion

Lesson #29: No Matter How Bad it Gets, Persistence Wins

Lesson #31: The Power of a Pivot -- Thinking Out of the Box

Lesson #39:  The Art of Negotiation

Lesson #40:  Focus! Focus! Focus!  Build One Business at a Time.

Lesson #47:  The Importance of Networking

Lesson #50:  Do What You Love!! Passion Drives Success.

Lesson #71: Launch Fast!  Fail Fast!

Lesson #85:  Tap Into Your Local Startup Ecosystem

Lesson #86:  Perception Often Outshines Reality

Lesson #87:  The Art of Decision Making

Lesson #90:  Proper Business Etiquette for Startups

Lesson #92:  Building Your Personal Brand

 

SALES & MARKETING

Lesson #6: Structuring Strategic Partnerships for Your Startup

Lesson #20: Setting Product & Pricing Strategy for Your Startup

Lesson #21: Setting a Sales & Marketing Plan for Your Startup

Lesson #22:  How to Calculate ROI on Your Marketing Spend

Lesson #23: How to Design Effective Advertising Copy & Creatives

Lesson #24: How to Choose a Name for Your Startup

Lesson #25: How to Structure Your Sales Team & Procedures

Lesson #26: Designing Sales Incentives to Motivate Your Sales Team

Lesson #44:  The Importance of Blogging

Lesson #48:  Trade Show Strategies for Startups

Lesson #52:  Viral Marketing Via Social Media

Lesson #53:  Search Engine Marketing Strategies

Lesson #54:  Incorporate Video Into Your Marketing Efforts

Lesson #68:  Mobile Apps & Location-Based Services

Lesson #69:  The Marketing Power of Free Publicity

Lesson #72: The 10 Basics of Website Design

Lesson #74: Brand Building for Your Startup

Lesson #77:  The Basics of Email Marketing

Lesson #79:  Determining Customer Lifetime Value

Lesson #88:  The Basics of Online Display Ads

Lesson #95:  The Basics of Telemarketing

Lesson #98:  Securing a Government Contract

Lesson #99:  The Basics of Direct Mail Marketing

 

FINANCE

Lesson #4:  How to Raise Capital for Your Startup

Lesson #5: Finding Angel Investors for Your Startup

Lesson #10: How Best to Approach VC's or Angel Investors

Lesson #27: How VC's Define a Backable Management Team

Lesson #32: How to Value Your Startup Business

Lesson #49:  How to Get a Loan, or Not!!

Lesson #61:  Set Up Proper Accounting Controls

Lesson #66:  Preparing for a Due Diligence Process

Lesson #67:  Managing Accounts Payable & Accounts Receivable

Lesson #78:  How to Build a Budget

Lesson #97:  Securing a Small Business Grant

 

HUMAN RESOURCES

Lesson #2:  Building The Right Team for Your Startup

Lesson #9:  Spreading Equity to Key Employees & Partners

Lesson #13: Creating the Right Culture for Your Startup

Lesson #14: The Role of a Startup CEO

Lesson #15:  Hands-On vs. Hands-Off Management of Startups

Lesson #16: The Plusses & Minuses of Virtual Employees

Lesson #18: The Right Work-Life Balance for a Startup

Lesson #30: When to Hire Employees vs. Contractors vs. Crowdsources

Lesson #34: How Best to Recruit Employees For Your Startup

Lesson #35: How to Read Resumes & Screen Employee Candidates

Lesson #42:  Is Working With Family Members a Good Idea?

Lesson #51:  No Public Displays of Rejection

Lesson #55:  Creating a Healthy Office Environment

Lesson #58:  How to Determine Employee Compensation

Lesson #59:  Determining Employee Benefits for Your Startup

Lesson #60:  Importance of Employee Handbooks

Lesson #75: How to Implement Layoffs

Lesson #76:  How to Implement an Employee Change

Lesson #83:  Startup Roles & Responsibilities

Lesson #93:  Make Your Employees Feel Appreciated

 

OPERATIONS & ADMINISTRATION

 

Lesson #33: The Importance of Customer Service

Lesson #41:  Security Considerations for Your Startup

Lesson #56:  Frequent Legal Questions of Startups

Lesson #62:  Insurance Protection for Startups

Lesson #70:  Protect Your Intellectual Property

Lesson #73: Consumer Usability Testing

Lesson #80:  Pitfalls to Avoid When Reeling in the Whale

Lesson #82:  Project Management & Prioritization

 

TECHNOLOGY

Lesson #36:  Picking the Best Technology for Your Web Startup

 

OTHER

Lesson #46:  23 Motivational Quotes for Entrepreneurs

Lesson #57:  Required Reading for Startup Entrepreneurs

Lesson #84:  Lady Gaga--An Entrepreneurial Case Study

Lesson #89:  Startup Lessons from Scrabble

Lesson #91:  My Entrepreneurial Heroes

Lesson #94:  Netflix--A User Experience Meltdown

Lesson #101:  The Plusses & Minuses of Entrepreneurship

 

 

For future lessons, please follow me at:  www.twitter.com/georgedeeb

 

Hiring Now
Box
Cloud • Information Technology • Software