Business

Innovation From One Startup

These are the slides from my talk today at Google IL Office.
It covers:
1. Google’s past, present and a bit of the future.
2. Google’s 5 principles of innovation.

If you are an entrepreneur, there are some good principle to take to your venture (especially from slide 23).

SFO bride to startups

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Business

Failure Is Part Of The Game

blue in the dessertLast night, I read this article. What I like most was the short paragraph that gave few recent examples of ‘big’ failures:

…With original ideas, failure is inevitable, because it’s impossible to predict how technologies will evolve and tastes will change. Mark Cuban passed on Uber. In the early days of Google, Larry Page and Sergey Brin tried to sell their search engine for less then $2 million, but their potential buyer turned them down. Publishers rejected Harry Potter because it was too long for a children’s book. Executives passed on Seinfeld for having incomplete plot lines and unlikeable characters. Pay a visit to Jerry Seinfeld’s bathroom, and you might find a memo hanging on the wall that calls the pilot episode of Seinfeld “weak” and says “No segment of the audience was eager to watch the show again.”

We know that most startups will fail. Moreover, in many cases, they will fail even if they had a good idea and executed well (see: “Why Startups Succeed” for more details).
So be willing to fail and try again.
You are in a good company.

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Business

How To Start? The Execution

Build something people loveThis is the last part from four presentations I did to a course for young entrepreneurs. In the last three lessons: Idea, Product and Team I did my best to focus on the things that will move the needle for you at the early stages. This fourth lesson is all about execution and it might be the most critical part. Continue reading

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Business

How to Start? The Team

Build something people love

This is the third part of four presentations I did to a course for young entrepreneurs. The slides are as brief as possible because they meant to give just the framework. The real content is pass verbally.
However, the main points to pay attention are:

  • In many aspects, finding a great co-founder is like finding a partner for life. You should do your best to seek for someone you can trust and spend time with during circumstances that will be very challenging. The ‘honeymoon’ will pass quickly, so make sure it’s someone you want to have with you on a deserted island, because this is what ‘startup life’ will look like after few days. It’s important that your skills will complement each other. So if you are the technical person, you should find a partner that is strong in business, marketing, sales etc’.
  • You should pick the initial team members by their resourcefulness and passion (or determination) to the mission of what you are trying to accomplish. A good way to look on the ‘founding team’ is for people that could have been co-founders if the timing was right. Another great way to look on these first hires as people that you would have feel comfortable to report to.
  • Hire only when you desperate – So do everything first and only hire when there is no other option.
  • Hire true experts. The difference between an ‘OK’ developer and a true expert is unbelievable. At the early stages, it’s critical to build an ‘A Team’ because these type of teams create ‘A companies’.

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Business

Campus TLV, Google Cloud, IoT And Some Tips

Accelerating Your Hardware and IoT StartupsToday I had the pleasure to take part in this conference.
The talk covered three topics:
1. Campus TLV offering for entrepreneurs – Every week, I have the pleasure to spend few hours mentoring startups at the Campus. It’s a great way to help others and to hear about new interesting challenges. I wanted to raise the awareness to the (free) programs that the Campus offer developers and entreparnuers, so this was a classic opportunity.
2. Google Cloud offering for the IoT world and for startups for startups.
3. Tips from my experience on ‘how to start’ your startup and make it a succesful business.

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Business

Find A Great Co-Founder

Startup thoughts on changeIn the past, I wrote about hiring for startups and raising money. It’s one of these things that you must do right. Hopefully, on the first try. It’s also, easy to say and really hard to do. There are a lot of things to consider and in most cases, it’s during a time that you are extremely busy with building your product and finding answers to daily fires.

If your core team is not a great one, your chance to build a great business is low. It’s important at the start, when you wish to find a co-founder that will be a good match. This post is aimed to founders and investors. It contains the aspects that I would look for. Continue reading

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