For a long time, I've ranted against naming your startup community 'Silicon Whatever.' Instead, I believe every startup community already has a name. The Boulder startup community is called Boulder. The L.A. startup community is called L.A. The Washington D.C. startup community is called Washington D.C.
If someone is choosing between joining McKinsey or your startup it's very unlikely they're going to work out at the startup.
I think whether it's a good idea or not to take the startup plunge comes down to the responsibilities of the individual. If you have a family to care for or a huge mortgage payment, then quitting your steady day job to launch a startup probably isn't the best decision to make.
If you want to build a startup that has a good chance of succeeding, don't listen to me. Listen to Paul Graham and others who are applying tons of data to the idea of startup success. That will maximize your chance of being successful.
I've been very fortunate to be at the startup of a lot of different things. I was the startup of the Pancrase organization in Japan. Became a big figure over there. Then I was in the UFC and was at the startup of that, and I was a big figure in that. Twice. Not only in the beginning but also when it was taken over.
Techstars is truly global; you'll see us continue to expand all our programs worldwide, including accelerators, our venture capital, as well as the UP Global programs including Startup Weekend, Startup Next, Startup Digest, etc.
When it comes to starting startups, in many ways, it's easier to start a hard startup than an easy startup.
Forget startup companies. The next frontier is startup countries.
There are too many ways that a startup gig can go sideways. If the startup won't agree to hefty severance, pass.
Startup stories are always smoother in the telling than they are in reality. A startup is not one, but a series of 'Aha!' moments, and some which seem like 'Aha!' moments but turn out not to be.
If you are a new startup company, try not to arouse the interest or suspicion of your competition; especially if they are a bigger company. They can crush you while you are still in your startup phase. Lie low while still strengthening your bottom line.
HubSpot has used the lean startup method to build a spectacularly successful company. What I particularly love about HubSpot is that they are so geeked out on data analysis and making evidence-based decisions, which are at the heart of the Lean Startup process.
We are calling ourselves a startup nation, but the number of people who set out on their own is very low; even 10,000 a year would be low in a country like India. We can say we are a startup nation but the world won't say it.
Developing a good, healthy culture is extremely important at a startup. Culture reflects the essence of a startup's operation because it directly affects the success of a company's hiring practices and overall strategy.
I basically apply with my teams the lean startup principles I used in the private sector - go into Silicon Valley mode, work at startup speed, and attack, doing things in short amounts of time with extremely limited resources.
Join the bold, the brazen, the unintimidated. Join not having excuses. Join the idea that fun is the source of all joy. Join the unwillingness to give up. Join doing things your way. Join not joining. Join that purpose is stronger than outcome. Join your gut. Join the constant challenge of seeking greatness. Join play. Join the hunger to find what makes you happy. Join karma and nature and the effect you have on your world. Join your philosophy. Join something bigger than you. Join what you believe.