scott hintz of tripit an entrepreneurs growth story - small biz summit 2012
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Building a Successful Business
Scott HintzCo-Founder and VP Business Development
March 6, 2012New York City
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1990
1993
1996
1996
2000
2006
My Timeline
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1.Getting Started
2.Hiring / Management
3.Success and Growth
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Product is your marketing plan
Love, not like
Execution more important than ideas
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Stay focusedBe great at saying no
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Listen to your customers
Feedback, not ideas
Iterate quickly
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Don’t fear the big guys
You’re faster and more focused
Their interest is a good thing
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Small, but high quality
Smart and humble
Mediocre players worse than horrible ones
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Hire problem solvers
Avoid the boss’s trap
Set expectations early
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Set the right incentives
You’ll be amazed what people can accomplish
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Delegate
Irresponsible not to do it
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Be scrappySaves money
Sets the right tone
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Take the moneyDon’t fret over valuation
Stretch every dollar, even if you have a lot of them
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Stay nimbleSmall team helps
Pay attention to gravity of business
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Contrarian is a good wordShows confidence
Can create tremendous value (or save from big mistakes)
Apple Computer (AAPL)