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Larry Ellison gives start up advice

Discussion in 'Lessons from Success/Failure' started by MJ DeMarco, Nov 19, 2007.

  1. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Larry Ellison gives start up advice.
    http://www.bloggingstocks.com/2007/...rnal-startup-advice-from-oracle-s-larry-elli/

    Some notes of interest:
    1) Smoke and mirrors -- appearing large when you are small. Tony Robbins refers to this as "fake it until you make it". If you are dealing with large multi-national companies as potential clients, they'd probably prefer a large company over someone in a 800 square foot office, or in their basement. Look large if it suits your client target.

    2) Hire smart people -- Larry would rather have empty desks than having the wrong people hired.

    3) Study your market and your competition -- again to reiterate having the right entrepreneurial premise (EP) -- what are people looking for? Asking for? Wishing for?
     
    JesseO likes this.
  2. WheelsRCool
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    WheelsRCool Contributor

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    Yeah, on point #1, I think it can work both ways, because if you are a smaller company but appear to be a much bigger one, you also can become prone to sue-happy people as well.
     

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