From the Inside Flap
It is a cold, hard fact of business life that most startupsfail. Even many of those entrepreneurs who ultimately succeed havestories of personal challenges, unsuccessful companies, anddifficulties along the way. The founders of TechStars, amentorship-driven startup accelerator, have worked withentrepreneurs and companies over the past twenty-five years, andhave seen a number of the same issues come up again and again.
In Do More Faster, the founders of TechStars identify the keyissues that first-time entrepreneurs encounter, and offer provenadvice from successful entrepreneurs who have worked with theTechStars program.
The authors organize the most critical issues into seven themes:Idea and Vision, People, Execution, Product, Fundraising, Legal andStructure, and Work and Life Balance. Many of the examples arepersonal experiences from the entrepreneurs themselves, integratedinto a cohesive narrativewhile at the same time able to standon their own. Throughout the book, they debunk numerous myths aboutstartups and reveal some surprising truths. They explain, forinstance, that the core of a startup is not always a world-changingand earth-shattering ideain fact, it is often the case thatsuccessful startups started out doing something else. They alsounderscore the efficiency of execution: great entrepreneurs knowhow to synthesize data, make a decision about the path they aregoing down, and execute. And they offer some alternatives totraditional ways of raising money, while stressing that youshouldn't start with the assumption that you need to raisemoney.
Mastering the seven themes may not ensure success, butunderstanding the issues, reading the stories, and getting advicepertaining to these issues will increase your chances dramatically.And if nothing else, you'll realize that you aren't alone in facingthese challenges.
From the Back Cover
Praise for Do More Faster
"Remember when experience mattered? Thanks to this book, nomatter how new to your field or how young or inexperienced you are,you can learn from people who have actually done it.
Sure beats failing." Seth Godin, author of Linchpin
"When it comes to pragmatic adviceas well as exampleshighlighting real-world resultsDo More Faster is afull-course meal. Brad and David have done a masterful job ofsimplifying into bite-sized chunks the ingredients that everyentrepreneur should consider in channeling their enthusiasm into areal-world approach to building a sustainable business. TechStarshas set the standard and shared the formulanow you have toexecute." Dan'l Lewin, Corporate Vice President, Strategicand Emerging Business Development, Microsoft
"If you have an idea and a dream, read Do More Faster! It offersa unique opportunity to hear first- hand what to do (and what notto do) to build and scale your business." Josh Kopelman,Managing Partner, First Round Capital
"Having recently launched my fourth startup, I can say withoutreservation that what Brad and David are doing to promoteentrepreneurialism is accelerating the pace of innovation.Additionally, the ideas and examples they reveal in Do More Fasterare tangible and valuable lessons for anyone thinking aboutstarting a new business. Their passion, vision, and commitment tothe startup community, both through TechStars and their personalmentorship, are unmatched."
Pete Sheinbaum, founder and CEO, The Mandelbrot Project,Inc., and former CEO, DailyCandy, Inc.
"One thing is sure in the tech world: that history repeatsitself. The lessons in founding companies are always the same, yetthese are rarely passed down from one generation of entrepreneur tothe next. Brad and David have done a brilliant job of crystallizingthe most important lessons and bringing them to life in the wordsof the entrepreneurs. Every startup founder should read thisbook!"
Vivek Wadhwa, columnist, Bloomberg Businessweek, andcontributor, TechCrunch
"Do More Faster is a locked-room all-nighter with David Cohen,Brad Feld, and the impressive mentors to TechStars; it is candid,smart, and spot-on. This is some of the very best adviceentrepreneurs can get anywhere. Buy it already."
Paul Kedrosky, Angel Investor and Senior Fellow, KauffmanFoundation