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Team	
  Development	
  and	
  Management
         FailCon	
  Workshop	
  @	
  Web	
  2.0	
  Expo



                            @manukumar
Please	
  turn	
  ON	
  your	
  cell	
  phones!




      hashtags:	
  #w2e	
  #failcon
SNEAKERLABS
#20tweets




Definition of Entrepreneurship: “Insane
perseverance in the face of complete
resistance” :Jack Thorne, CMU

about 1 second ago via in person




                     manukumar
                     Manu	
  Kumar




  ©	
  2010	
  K9	
  Ventures             5
#20tweets




You can't learn to *really* ride a
bicycle, until you take the training
wheels off. Falling and getting back up
are part of the process.
about 1 second ago via in person




                     manukumar
                     Manu	
  Kumar




  ©	
  2010	
  K9	
  Ventures             6
#20tweets




 Learning from the mistakes of others is a lot
 less painful than failing on your own
 #AvoidPitfalls #GetGoodAdvice


about 1 second ago via in person




                     manukumar
                     Manu	
  Kumar




  ©	
  2010	
  K9	
  Ventures                    7
#20tweets




The three most important (and difficult)
things in startups are: People, People,
People!

about 1 second ago via in person




                     manukumar
                     Manu	
  Kumar




  ©	
  2010	
  K9	
  Ventures              8
#20tweets




For a startup, there is no such thing as
50-50. Buck stops with one person. “A
startup is not a democracy” :Frank
Demmler, CMU
about 1 second ago via in person




                     manukumar
                     Manu	
  Kumar




  ©	
  2010	
  K9	
  Ventures              9
#20tweets




Don’t hire friends/family. In other
words: Don’t hire someone you can’t
fire.

about 1 second ago via in person




                     manukumar
                     Manu	
  Kumar




  ©	
  2010	
  K9	
  Ventures             10
#20tweets




Titles are thoroughly overrated. They
change the expectation and behavior /
role to match the title rather than what
the company needs.
about 1 second ago via in person




                     manukumar
                     Manu	
  Kumar




  ©	
  2010	
  K9	
  Ventures                  11
#20tweets




If you’re it it for the money, you’re in it
for the wrong reasons. Money is the
currency for keeping score. #passion

about 1 second ago via in person




                     manukumar
                     Manu	
  Kumar




  ©	
  2010	
  K9	
  Ventures                 12
#20tweets




Making *a* decision is sometimes more
important than making the *right*
decision. #AnalysisParalysis

about 1 second ago via in person




                     manukumar
                     Manu	
  Kumar




  ©	
  2010	
  K9	
  Ventures            13
#20tweets




“With great power comes great
responsibility” :Spiderman’s Uncle Ben!


about 1 second ago via in person




                     manukumar
                     Manu	
  Kumar




  ©	
  2010	
  K9	
  Ventures             14
@manukumar


#20tweets:	
  hZp://k9.vc/20tweets
1.	
  Technical	
  Founders
2.	
  New	
  Technology	
  /	
  New	
  Market
3.	
  Direct	
  Revenue
4.	
  Capital	
  Efficient
5.	
  Hyper	
  Local

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Web 2.0 FailCon Workshop

  • 1. Team  Development  and  Management FailCon  Workshop  @  Web  2.0  Expo @manukumar
  • 2. Please  turn  ON  your  cell  phones! hashtags:  #w2e  #failcon
  • 3.
  • 5. #20tweets Definition of Entrepreneurship: “Insane perseverance in the face of complete resistance” :Jack Thorne, CMU about 1 second ago via in person manukumar Manu  Kumar ©  2010  K9  Ventures 5
  • 6. #20tweets You can't learn to *really* ride a bicycle, until you take the training wheels off. Falling and getting back up are part of the process. about 1 second ago via in person manukumar Manu  Kumar ©  2010  K9  Ventures 6
  • 7. #20tweets Learning from the mistakes of others is a lot less painful than failing on your own #AvoidPitfalls #GetGoodAdvice about 1 second ago via in person manukumar Manu  Kumar ©  2010  K9  Ventures 7
  • 8. #20tweets The three most important (and difficult) things in startups are: People, People, People! about 1 second ago via in person manukumar Manu  Kumar ©  2010  K9  Ventures 8
  • 9. #20tweets For a startup, there is no such thing as 50-50. Buck stops with one person. “A startup is not a democracy” :Frank Demmler, CMU about 1 second ago via in person manukumar Manu  Kumar ©  2010  K9  Ventures 9
  • 10. #20tweets Don’t hire friends/family. In other words: Don’t hire someone you can’t fire. about 1 second ago via in person manukumar Manu  Kumar ©  2010  K9  Ventures 10
  • 11. #20tweets Titles are thoroughly overrated. They change the expectation and behavior / role to match the title rather than what the company needs. about 1 second ago via in person manukumar Manu  Kumar ©  2010  K9  Ventures 11
  • 12. #20tweets If you’re it it for the money, you’re in it for the wrong reasons. Money is the currency for keeping score. #passion about 1 second ago via in person manukumar Manu  Kumar ©  2010  K9  Ventures 12
  • 13. #20tweets Making *a* decision is sometimes more important than making the *right* decision. #AnalysisParalysis about 1 second ago via in person manukumar Manu  Kumar ©  2010  K9  Ventures 13
  • 14. #20tweets “With great power comes great responsibility” :Spiderman’s Uncle Ben! about 1 second ago via in person manukumar Manu  Kumar ©  2010  K9  Ventures 14
  • 16. 1.  Technical  Founders 2.  New  Technology  /  New  Market 3.  Direct  Revenue 4.  Capital  Efficient 5.  Hyper  Local