Why successful startups are like rowing How getting up early and sitting backwards can prepare you for startups презентация

First, let’s get one thing straight Not all rowing is created equal Big galley ships are like entrenched competitors. Adding more people (rowers) doesn’t make them any faster. And individual rowers

Слайд 1Why successful startups are like rowing
How getting up early and sitting

backwards can prepare you for startups

Daniel Stevenson
daniel@fast-traction.com


Слайд 2First, let’s get one thing straight
Not all rowing is created equal
Big

galley ships are like entrenched competitors. Adding more people (rowers) doesn’t make them any faster. And individual rowers don’t see any results from rowing harder.

But put the eight fastest rowers into a boat and look out. Now the average performance is closer to the top performer.

NOTE: See Paul Graham’s excellent essay – HOW TO MAKE WEALTH – for more on this topic.


Слайд 3Recruiting is like team tryouts
In startups your first 5 or 10

employees are your most critical.
You want to know everyone can pull their weight.

In rowing, you look for technical ability, strength and mental fitness. Culture matters.
You are putting your team (startup) first. There is no room for a prima-donna in a boat (startup).


Слайд 4In a Startup Everyone Contributes
You can’t hide in the boat. There

are no off-strokes in a race.

Слайд 5And Technique Matters
In rowing it’s LEGS → BACK → ARMS
Do it

wrong (or too fast) and you STOP the boat

In startups it’s AUDIENCE → CUSTOMERS → PRODUCT
Understand customer pains before you build


Слайд 6You May Not Know Where You Are Going
In rowing you can’t

see where you are going, but you are guided by a visionary (coxswain) and you just work (pull) hard

Слайд 7Practice and Perseverance Pays Off
Rowers will put in hundreds of hours

of practice and conditioning for a single, seven minute race.
There are rarely “quick hits” in the startup world.

Слайд 8Make Every Stroke Count
Rowers, like entrepreneurs, get up early to get

a jump on the competition.

Слайд 9Pull Together And Everyone Wins
Hard work, focus and good team dynamics

will get you over the finish line first.
And remember, if you don’t have the passion for startups, you are not going to win.

Daniel Stevenson
daniel@fast-traction.com


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