9 Truths of Business

I came across a presentation from Jeff Ready from a recent “Idea to Business” seminar. I wish I was in attendance. Mr. Ready, most recently founder of Scale Computing, is a serial entrepreneur I’d like to meet. As I flipped through the slides, I liked “Jeff’s 9 Truths of Business”. I thought I’d share them with you:

1. You need more ideas.
2. Your ideas suck.
3. You can always count on the incompetence of your competition.
4. The customers have all the answers.
5. Everybody wants to be a pirate.
6. You can’t use 3rd party research to verify an idea you already have.
7. The good idea will emerge from iterations on the bad ones.
8. You won’t learn to shoot a basketball by reading books.
9. You won’t learn to shoot a basketball by being the equipment manager.