Larry Ellison gives start up advice

[MJ DeMarco]

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?

 

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[WheelsRCool]

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.