12 Rules for StartUps – Mark Cuban

After reading Mark Cubans How to Win at the Sport of Business: If I Can Do It, You Can Do It; I feel their is a need to share with TTEs the 12 rules every startup must follow if they will succeed in their entrepreneurial journey from the book as excerpted by Mark.

12 Rules for Startups by mark cuban

Image: Entrepreneur.com

These rules might differ from other people’s view but I strongly think Mark has a point.

Note that these 12 rules for startups mostly apply to individuals that must be part of their venture.

Rules for Startups by Mark Cuban:

1. Don’t start a company unless it’s an obsession and something you love.

2. If you have an exit strategy, it’s not an obsession.

3. Hire people who you think will love working there.

4. Sales Cure All. Know how your company will make money and how you will actually make sales.

5. Know your core competencies and focus on being great at them. Pay up for people in your core competencies. Get the best. Outside the core competencies, hire people that fit your culture but aren’t as expensive to pay.

Related: 6 Qualities of Wildly Successful People

  • Share to show love:

    Francis Nwokike

    Francis is a Passionate Social Entrepreneur. Love discussing new trends in Business and Marketing. A Startup consultant. A good listener. Love to help that your business grow.

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.