Great advice on starting a company!
Ross has a great background on the entrepreneurial side. His tips about continual incremental innovation are key while holding off on the VC participation as long as you can. This is one area that resonates with many IT pros and managers since they often have an idea they want to take to market. And, IT has an entrepreneurial feel to it. This comes from the constant change and updating required. Moreover with IT increasingly becoming business facing and key to business strategy than the principles behind a startup can apply to an IT department. For example, two key areas are providing business differentiation and value—these are essential for a successful startup and a requirement now for IT. ICT drives differentiation for the business and value for it’s customers.
I caught Guy Kawasaki’s presentation in the entrepreneurial area which also is very useful. I have been dialoguing with him recently and will be doing a podcast on Friday. The focus is business startups so it likely won’t appear here. If you want to hear more, send me an e-mail and I’ll provide the links…