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Avoiding Mistakes in 2009
by Andrew McCaskey
The Biggest Mistake: Not Making One
For several months, there has been talk about the advantages that entrepreneurs have at this moment. And, if they can keep the television turned off and remove the negative stream of newsworthy but backward focused news of layoffs, closures and troubles, they might have a good chance.
Layoffs are injecting a steady stream of talent into the marketplace. The combination of a good idea, a few skilled coders, a coffee shop wtih good wifi will insure that the seeds have been planted for the recovery. But, as Paul Graham points out, a startup has to act like a bumbling toddler – slamming into things, falling down and getting back up.
That means that the larger the organization, the more successful it has been in the past, the higher the probability that it will begin to hire others from large companies, each with their own set of checks and policies. The biggest mistake that a startup company can make is to bring that mindset into the startup. They can still be successful with close teamwork, clear priorities and good execution.
If they are smart enough to keep the television turned off.
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