- Hardcover: 336 pages
- Publisher: Wiley; 1 edition (October 19, 2010)
- Language: English
- ISBN-10: 0470929839
- ISBN-13: 978-0470929834
- Product Dimensions: 6.4 x 1.2 x 9.2 inches
- Shipping Weight: 1.3 pounds (View shipping rates and policies)
- Average Customer Review: 4.4 out of 5 stars See all reviews (109 customer reviews)
- Amazon Best Sellers Rank: #128,798 in Books (See Top 100 in Books)
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Do More Faster: TechStars Lessons to Accelerate Your Startup 1st Edition
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From the Inside Flap
It is a cold, hard fact of business life that most startups fail. Even many of those entrepreneurs who ultimately succeed have stories of personal challenges, unsuccessful companies, and difficulties along the way. The founders of TechStars, a mentorship-driven startup accelerator, have worked with entrepreneurs and companies over the past twenty-five years, and have seen a number of the same issues come up again and again.
In Do More Faster, the founders of TechStars identify the key issues that first-time entrepreneurs encounter, and offer proven advice from successful entrepreneurs who have worked with the TechStars program.
The authors organize the most critical issues into seven themes: Idea and Vision, People, Execution, Product, Fundraising, Legal and Structure, and Work and Life Balance. Many of the examples are personal experiences from the entrepreneurs themselves, integrated into a cohesive narrativewhile at the same time able to stand on their own. Throughout the book, they debunk numerous myths about startups and reveal some surprising truths. They explain, for instance, that the core of a startup is not always a world-changing and earth-shattering ideain fact, it is often the case that successful startups started out doing something else. They also underscore the efficiency of execution: great entrepreneurs know how to synthesize data, make a decision about the path they are going down, and execute. And they offer some alternatives to traditional ways of raising money, while stressing that you shouldn't start with the assumption that you need to raise money.
Mastering the seven themes may not ensure success, but understanding the issues, reading the stories, and getting advice pertaining to these issues will increase your chances dramatically. And if nothing else, you'll realize that you aren't alone in facing these challenges.
From the Back Cover
Praise for Do More Faster
"Remember when experience mattered? Thanks to this book, no matter 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 examples highlighting real-world resultsDo More Faster is a full-course meal. Brad and David have done a masterful job of simplifying into bite-sized chunks the ingredients that every entrepreneur should consider in channeling their enthusiasm into a real-world approach to building a sustainable business. TechStars has set the standard and shared the formulanow you have to execute." Dan'l Lewin, Corporate Vice President, Strategic and Emerging Business Development, Microsoft
"If you have an idea and a dream, read Do More Faster! It offers a unique opportunity to hear first- hand what to do (and what not to do) to build and scale your business." Josh Kopelman, Managing Partner, First Round Capital
"Having recently launched my fourth startup, I can say without reservation that what Brad and David are doing to promote entrepreneurialism is accelerating the pace of innovation. Additionally, the ideas and examples they reveal in Do More Faster are tangible and valuable lessons for anyone thinking about starting a new business. Their passion, vision, and commitment to the startup community, both through TechStars and their personal mentorship, 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 repeats itself. The lessons in founding companies are always the same, yet these are rarely passed down from one generation of entrepreneur to the next. Brad and David have done a brilliant job of crystallizing the most important lessons and bringing them to life in the words of the entrepreneurs. Every startup founder should read this book!"
Vivek Wadhwa, columnist, Bloomberg Businessweek, and contributor, 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 advice entrepreneurs can get anywhere. Buy it already."
Paul Kedrosky, Angel Investor and Senior Fellow, Kauffman Foundation
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Top Customer Reviews
Having just completed my read, my first reaction is that I wish I had it a year ago! It is packed with lots of good feedback that help first timers get things off the ground and avoid the typical pitfalls of starting a company. This is particularly true for technical founders of software companies with relatively less business experience.
The book also makes me somewhat jealous of the techstars program. We have learned a lot of the same lessons espoused in the program and book, like the value of building a network of advisors, having a co-founder and of developing the voice of the customer...but what makes me jealous is the concentration and rate of activity they can generate within the program relative to the rate of progress you can make coordinating and networking on your own. Your runway available to make things happen is a constant, ominous threat to your endeavor and having a program that can accelerate progress would be a deeply valuable asset.
Overall I recommend this book highly, and having now met both of the authors, recommend them both as authentically interested in helping you succeed. And this is not something I can genuinely say of the entire entrepreneurial eco-system.
When you are done with it read : Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist by Brad Feld, Jason Mendelson and Dick Costolo. It's another cannon of a book. A must read if you are thinking about going for venture financing.
Thank you for this book...I mean resource.
If you are an entrepreneur, this book is a Must Read. Here are some interesting items I found in this book:
- Go get customers and then listen. You will never need another idea.
- When approaching VCs, realize that they all have a story too. Ask them about it.
- Start your business and learn from your failures: You miss !00% of the shots you don't take.
- Real Estate= People, people, people. Techstars (seed capital and mentorship for startups)= People, people, people.
- When you ask for money, you get advice. And when you ask for advice, you might get money.
- Convince 1/3 of investors to commit in a round and the others will be much more likely to commit afterwards.
- Section 83b election is a MUST before taking money.
- And Much More...
OK, thats all you get. Read the book for the rest.
Most Recent Customer Reviews
I really enjoyed this collection of essays from leaders of the startup...Read more