Do More Faster: Techstars Lessons to Accelerate Your Startup, Second Edition
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More About This Title Do More Faster: Techstars Lessons to Accelerate Your Startup, Second Edition

English

Refreshed, updated, and expanded. Do More Faster provides time-tested advice, tips, and experiences by founders and mentors of Techstars to help entrepreneurs succeed!

David Cohen and Brad Feld, leading advocates for entrepreneurs and startups, team up to provide first-time entrepreneurs with the tools, insights, and experiences to help them do more faster. The authors share their decades of experience working with thousands of startup founders and have enlisted the advice of dozens of Techstars startup founders and mentors. Contributors include Tim Ferriss, Eric Ries, Matt Mullenweg (WordPress), Isaac Saldana (SendGrid), Ben and Moisey Uretsky (DigitalOcean), and other successful entrepreneurs.

Co-founders of Techstars, the worldwide network that helps entrepreneurs succeed, Cohen and Feld recognize the daunting task of creating a sustainable business and have seen first-hand the common mistakes first-time entrepreneurs make over and over. The authors take the complexity and uncertainty of starting a business and distill the critical factors into seven themes: Ideas and Vision, People, Working Effectively, Product, Fundraising, Legal and Structure, and Work and Life Harmony. They share their hard-won successes, failures, and advice for anyone with an idea who wants to create a business.

Throughout the book crucial questions are raised and addressed from multiple perspectives.

●      How important is it to have an original idea?

●      How is founder conflict handled?

●      What are the tradeoffs between bootstrapping and financing?

Make-or-break decisions like company structure, hiring, and legal consequences are presented in an easy-to-understand style. Do More Faster will elevate your thinking on a range of important topics, help you avoid costly mistakes, and provide you with a resource to consult as you go from idea to successful business.

If you have the drive and desire to start a business, need to create a vibrant entrepreneurial ecosystem in your community, or want to spark greater innovation in your organization—don’t go it alone. Use the advice, tips, and tactics found throughout Do More Faster to give yourself the best chance of succeeding. 

English

David G. Cohen is recognized globally as a thought leader on entrepreneurship. As co-founder and co-CEO of Techstars he has worked with thousands of companies and individuals. His Techstars accelerators have produced companies like SendGrid, Pillpack, DigitalOcean, FullContact and countless others, helping to create billions in value.

Brad Feld is a best-selling author on entrepreneurship, community building, and finance. His books include Venture Deals, Startup Boards, Startup Communities, and Startup Life. He is the co-founder of Techstars and Foundry Group and writes regularly on the blog, Feld Thoughts.

English

Foreword
Isaac Saldana, SendGrid

Preface

About Techstars

Introduction

Chapter 1: Do More Faster
David Cohen, Techstars

Chapter 2: Do or Do Not, There Is No Try
Brad Feld, Foundry Group

Theme One: Idea and Vision

Chapter 3: Trust Me, Your Idea Is Worthless
Tim Ferriss, 4-Hour Workweek

Chapter 4: Start With Your Passion
Kevin Mann, Graphic.ly

Chapter 5: Look for the Pain
Isaac Saldana, SendGrid

Chapter 6: Get Feedback Early
Nate Abbott and Natty Zola, Everlater

Chapter 7: Usage Is Like Oxygen for Ideas
Matt Mullenweg, WordPress

Chapter 8: Forget the Kitchen Sink
David Cohen, Techstars

Chapter 9: Find That One Thing They Love
Darren Crystal, Photobucket

Chapter 10: Don’t Plan. Prototype!
Greg Reinacker, Newsgator

Chapter 11: You Never Need Another Original Idea
Niel Robertson, Trada

Chapter 12: Get It Out There
Sean Corbett, HaveMyShift

Chapter 13: Avoid Tunnel Vision
Bijan Sabet, Spark Capital

Chapter 14: Focus
Jared Polis, State of Colorado

Chapter 15: Iterate Again
Colin Angle, iRobot

Chapter 16: Fail Fast
Alex White, Next Big Sound

Chapter 17: Pull the Plug When You Know It's Time
Paul Berberian, Zenie Bottle

Chapter 18: Love Doesn’t Scale, or Does it?
Nicole Glaros, Techstars

Chapter 19: Reconciling Vision and Focus
David Cohen, Techstars

Theme Two: People

Chapter 20: Be Open to Randomness
David Cohen, Techstars

Chapter 21: Entrepreneurship is a Group Sport
Mark O’Sullivan, Vanilla

Chapter 22: Avoid Cofounder Conflict
Dharmesh Shah, HubSpot

Chapter 23: Hire People Better than You
Will Herman

Chapter 24: How to Find and Engage Mentors
David Cohen, Techstars

Chapter 25: Hire Slowly, Fire Quickly
Matt Blumberg, Return Path

Chapter 26: If You Can Quit, You Should
Laura Fitton, Oneforty

Chapter 27: Build a Balanced Team
Alex White, Next Big Sound

Chapter 28: Startups Seek Friends
Micah Baldwin, Graphic.ly

Chapter 29: Engage Great Mentors
Emily Olson, Foodzie

Chapter 30: The Mentor Manifesto
David Cohen, Techstars

Chapter 31: Define Your Culture
Greg Gottesman, Pioneer Square Labs

Chapter 32: Two Strikes and You Are Out
Brad Feld, Foundry Group

Chapter 33: Karma Matters
Warren Katz, MAK Technologies

Theme Three: Working Effectively

Chapter 34: Assume that You're Wrong
Howard Diamond, Performance One Media

Chapter 35: Make Decisions Quickly
Ari Newman, Filtrbox

Chapter 36: It's Just Data
Bill Warner, Avid Technologies

Chapter 37: Use Your Head, then Trust Your Gut
Ryan McIntyre, Excite.com

Chapter 38: Progress Equals Validated Learning
Eric Ries, Lean Startup Methodology

Chapter 39: The Plural of Anecdote Is Not Data
Brad Feld, Foundry Group

Chapter 40: Don't Suck at Email
David Cohen, Techstars

Chapter 41: Use What's Free
Jason Seats, Techstars

Chapter 42: Be Tiny Until You Shouldn't Be
Jeffrey Powers, Occipital

Chapter 43: Don't Celebrate the Wrong Things
Rob Johnson, EventVue

Chapter 44: Be Specific
Brad Feld, Foundry Group

Chapter 45: Learn from Your Failures
Fred Wilson, Union Square Ventures

Chapter 46: Quality over Quantity
Andy Smith, DailyBurn

Chapter 47: Have a Bias Toward Action
Ben Casnocha, Village Global

Theme Four: Product

Chapter 48: Don't Wait Until You Are Proud of Your Product
Ajay Kulkarni and Andy Cheung, Sensobi

Chapter 49: Find Your Whitespace
Raj Aggarwal, Localytics

Chapter 50: Focus on What Matters
Dick Costolo, Twitter

Chapter 51: Obsess over Metrics
Dave McClure

Chapter 52: Avoid Distractions
Andy Sack, Founder’s Co-op

Chapter 53: Know Your Customer
Bill Flagg, RegOnline

Chapter 54: Beware the Big Companies
Michael Zeisser, XO Group

Chapter 55: Throw Things Away
Eric Marcoullier, OneTrueFan

Chapter 56: Pivot
Rob Hayes, First Round Capital

Theme Five: Fundraising

Chapter 57: There's More than One Way to Raise Money
Brad Feld, Foundry Group

Chapter 58: Beware of Angel Investors Who Aren't
David Cohen, Techstars

Chapter 59: Don't Forget about Bootstrapping
David Brown, Techstars

Chapter 60: You Don't Have to Raise Money
Joe Aigboboh and Jesse Tevelow, PlayQ

Chapter 61: Seed Investors Care about Three Things
Jeff Clavier, Uncork Capital

Chapter 62: Practice Like You Play
Alex White, Next Big Sound

Chapter 63: If You Want Money, Ask for Advice
Nicole Glaros, Techstars

Chapter 64: Show, Don't Tell
Brad Feld, Foundry Group

Chapter 65: Turn the Knife after You Stick It in
David Cohen, Techstars

Chapter 66: Don't Overoptimize on Valuations
Kirk Holland, Access Venture Partners

Chapter 67: Get Help with Your Term Sheet
Jason Mendelson, Foundry Group

Chapter 68: Focus on the First One-Third
Brad Feld, Foundry Group

Theme Six: Legal and Structure

Chapter 69: Choose the Right Company Structure
Brad Feld, Foundry Group

Chapter 70: Form the Company Early
Brad Bernthal, University of Colorado

Chapter 71: Default to Delaware
Jon Taylor, KO

Chapter 72: Lawyers Don't Have to Be Expensive
Michael Platt, Cooley LLP

Chapter 73: Vesting Is Good for You
Jon Fox, Intense Debate

Chapter 74: Your Brother-in-Law Is Probably Not the Right Corporate Lawyer
Brad Feld, Foundry Group

Chapter 75: To 83(b) or Not to 83(b), There Is No Question
Matt Galligan, Socialthing

Theme Seven: Work–Life Harmony

Chapter 76: Discover Work–Life Harmony
Brad Feld, Foundry Group

Chapter 77: Practice Your Passion
Eran Egozy, Massachusetts Institute of Technology

Chapter 78: Follow Your Heart
Mark Solon, Techstars

Chapter 79: Turn Work into Play
Howard Lindzon, StockTwits

Chapter 80: Don’t Make Yourself Indispensable
David Cohen, Techstars

Chapter 81: Get Out From Behind Your Computer
Seth Levine, Foundry Group

Chapter 82: Stay Healthy
Andy Smith, DailyBurn

Chapter 83: Get Away from It All
Amy Batchelor, Anchor Point Foundation

Conclusion

Appendix 1: The Evolution of Techstars

What Motivated Me to Start Techstars?

Why Techstars Started in Boulder

How Techstars Came to Boston

How Techstars Came to Seattle

So You Want to Start a Techstars Accelerator in Your Community or Company?

Techstars in 2019 and Beyond

Techstars Foundation: Increasing Diversity in Entrepreneurship

Appendix 2: Original Edition - Foreward

Appendix 3: Where are the Techstars Companies Now?

About the Authors

Acknowledgments

Index

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