Essential Tips for Entrepreneurs. A collection of more than 30 tips from the Jumpstart podcast. Tips collected from episodes 1 - 11 of Jumpstart by guests: Dan Hammond, Nick Holland, Rajeev Gupta, Neely Burks, Drew Fassett, Jackson Miller, Robert Hendrick, Chris Blanz, Marcus Whitney, Mark Montgomery, and Rex Hammock. Brought to you by Jumpstart Foundry. www.jumpstartpodcast.com

1. Tips for
Entrepreneurs
A collection of essential tips from the
Jumpstart podcast.

2. Planning
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3. Don’t wing it.
You need to put your whole concept and business plan on paper.
If you don’t commit it to paper, you will never force important questions.

4. It will take you twice as long as you say it will.
It will cost you twice as much as you say it will.
It will achieve half of what you think it will do.
If you can apply this, you have something.

5. Don’t assume people will buy. Solve a problem first.

6. Establish a culture and a climate.

7. Just get started. Quit waiting around.

8. Try to track everything.
You don’t know what works unless you’re
tracking the success or failure of it.

9. Understand the end game.

10. Have a lot of experience
in the industry
that your startup is in.

11. Finance
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12. Marry yourself to a very good financial person.

13. Always spend your own money,
before you pitch to raise money too.

14. Sales should always
be pushed to sell outside
of their hometown.

15. Make sure potential investors have the same vision that you do.

16. Finance
Make more money then you spent.
If you’re spending someone else’s money,
try to make more money than they are spending.

17. If you’re bad with numbers, find a
numbers person that you trust.

18. Save $.20 on every dollar, so it’s set aside for taxes.
It is also a great savings plan.

19. Don’t spend tons of money until
Planning
you have nailed your product
market fit.

20. People
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21. Never stop networking.

22. Build out your
peer and mentor
network.

23. Be the dumbest guy in the room.
Surround yourself
with super smart people.

24. Are you enjoying our free tips?
Please take a moment
to share them on
Twitter.
Thank you.

25. Hire the right people. Partner with the right people.
You don’t always have to hire right out of the gate.
Make sure they compliment what it is that you do.

26. Hire people who are smarter than you.

27. Surround yourself with passionate people.

28. Find mentors.
Build your network with people who have been where you want to go.

29. Personal
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30. Be creative, stay positive
and keep moving forward.
Have a strong willingness
to be uncomfortable.

31. Stay healthy.
Make it as important as your big meetings.

32. Are you focusing on entrepreneurship
or independence? Know the answer.

33. Be the founder.
Embrace it and enjoy it.
It’s a title people can’t take
away from you.

34. Bet on yourself.

35. Listen
to the wisdom
Visit: www.jumpstartpodcast.com
to hear our recent interview with Seth Godin
and to subscribe, so you never miss a show.
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36. Tips & Photos
These tips were collected from episodes 1 - 11 of Jumpstart.
Tips provided by guests: Dan Hammond, Nick Holland, Rajeev Gupta, Neely Burks, Drew Fassett, Jackson Miller, Robert Hendrick,
Chris Blanz, Marcus Whitney, Mark Montgomery, and Rex Hammock.
To hear their full interviews please visit www.jumpstartpodcast.com. Thanks.
Creative Commons photos from Flickr by:
Slide 3: http://www.flickr.com/photos/simplerich/5462330040/sizes/l/in/photostream/
Slide 4: http://www.flickr.com/photos/presley_m/5152304885/sizes/l/in/photostream/
Slide 6: http://www.flickr.com/photos/halans/3708510762/sizes/l/in/photostream/
Slide 7: http://www.flickr.com/photos/curtisnewton/4089464649/sizes/o/in/photostream/
Slide 8: http://www.flickr.com/photos/pejrm/1843433922/sizes/o/in/photostream/
Slide 9: http://www.flickr.com/photos/deltamike/3911847626/sizes/l/in/photostream/
Slide 10: http://www.flickr.com/photos/wiertz/3600682272/sizes/l/in/photostream/
Slide 12: http://www.flickr.com/photos/youssefabdelaal/3403676421/sizes/l/in/photostream/
Slide 13: http://www.flickr.com/photos/gilmoth/4307701690/sizes/l/in/photostream/
Slide 14: http://www.flickr.com/photos/judybaxter/77055760/sizes/l/in/photostream/
Slide 15: http://www.flickr.com/photos/buriednexttoyou/2844264100/sizes/l/in/photostream/
Slide 16: http://www.flickr.com/photos/coda/2740581315/sizes/o/in/photostream/
Slide 17: http://www.flickr.com/photos/jarkkos/250725568/sizes/o/in/photostream/
Slide 18: http://www.flickr.com/photos/herzogbr/3874675249/sizes/l/in/photostream/
Slide 19: http://www.flickr.com/photos/hynkle/4535752063/sizes/l/in/photostream/
Slide 21: http://www.flickr.com/photos/micadox/4013857782/sizes/l/in/photostream/
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Slide 24: http://www.flickr.com/photos/raster/3563135804/sizes/l/in/photostream/
Slide 25: http://blog.online.allenschool.edu/wp-content/uploads/2011/03/hiring_1.jpg
Slide 26: http://calnewport.com/blog/wp-content/uploads/2007/10/einstein.jpg
Slide 29: http://www.flickr.com/photos/manu_le_manu/226483244/sizes/z/in/photostream/
Slide 30: http://www.flickr.com/photos/azriadnan/1818302534/sizes/l/in/photostream/
Slide 31: http://ibloggr.com/wp-content/uploads/2011/04/questions-answer-sites-like-yahoo-answer.jpg
Slide 32: http://www.dailygalaxy.com/photos/uncategorized/2008/03/03/jobs_and_wozniak_1975_2.jpg
Slide 33 http://pokerstockphotos.com/wp-content/uploads/2009/04/chip-shuffle.jpg
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37. Please share our tips with your friends and colleagues.
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