Entremanureship

Posted: October 3, 2013 in Startup Central

Awesome post! Really enjoyed the talk as well. Great notes from Geoff.

A World of Our Own

A few days ago, I had the opportunity to attend a meeting learning and listening to the story of two successful entrepreneurs, Joe Schmidt and Tom Lotrecchiano. Here are some notes that I took from this event:

1. “No, that’s not a good question”
– Brainstorming; what is a better question to ask? How can I improve what I REALLY want to ask? (example: How can I raise more capital? —> How can I raise more capital to help improve my products? —> How can I raise more capital to help improve my products so I can become part of the Inc 5000 in the next 5 years? —> etc…) Good questions get answers, great questions get results.
2. “Make Small Bets”
– Experiment; trial and error; goal should be to eliminate as many variables as possible. Benefit of making small “bets” is low cost (if it becomes successful, congrats…

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