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Top Ten Lies of Entrepreneurs

Filed in archive Entrepreneurship by tj on January 13, 2006

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Via Businesspundit comes this list of TOP 10 lies of entrepreneurs from 37signals. Equally entertaining as the list of VC lies from Guy Kawasaki we had featured earlier:
"Our projections are conservative." Like Guy says, an entrepreneur has no idea what her sales will be. Projections, like fortune telling, are a waste of time. "Gartner says our market will be $50 billion in 2010." 1. Who cares what Gartner says --- Gartner isn't giving you any of that $50 billion. 2. If you have a slide like this in your deck, 1: get rid of it, and 2: get rid of your deck. Talk from passion, not from slides. "Boeing is going to sign our purchase order next week." I love this one. My advice: Never bet your business on one customer. Ever. Never give preferential treatment either. Every customer outta be the same to you or you're going to start favoring the minority instead of the majority."
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Related Entries:

Lies, Damn Lies, and Statistics - 17 July 2005

Top Lies of Entrepreneurs - 11 January 2006

Lies, damn lies and Enron - 09 March 2006

Lies, Damn Lies, & Storage Performance - 21 August 2006

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