10 Rules of E-Business
August 11th, 2008
I just came across this set of rules that I downloaded from the kimble.org site… which is for unknown reasons, defunct now. Kimble was a cool dude, a hacker, and a king of lifestyle porn. Rumor is he’s back in Jail or something, if anyone knows, please tell me whats up with him?
Anyway, these rules are still very much true today and I imagine the forseeable future, so I’ll keep em here to refer to every once in a while.
1) Don’t talk too much: if you can’t explain biz concept in 1 minute, you lose.
don’t spam people with details if they need them, they will ask you.
2) If you want to get ahead, get noticed: Be creative, you need to find smart and creative ways to become famous. If you can’t hack the pentagon, try to have sex with Clauida Shiffer. If you
can manage to sell yourself, you can definately sell your ideas.
3) If your idea isn’t unique, forget it: Drag & drop biz concepts are OUT, if someone can easily copy your
idea in 2 months, it’s shit. If you can patent your idea, do so, patents
are IN.
4) You need more money than you think: if your company valuation is
under 20 million, modify your idea, modify your business plan or
start something new. Otherwise, you will end up holding 5% after the
third round.
5) Make sure you have fun: If you don’t have fun with what you are doing,
you will fail. Do what ever it takes to have a good time. A self confident and
successful smile on your face will open all doors.
6) Good cosmetics are 30% of your success: Make sure your presentations
are sexy and your websites look fantastic. Your biz plan must be simple, clean
and good looking. Whatever you do, make it look good.
7) Good management is 30% of your success: Get a CEO, CFO marketing and
sales guy and it’s done. Its better to give more shares to quality management
than to the VC’s. You are nothing without good management.
8) Good contacts is 30% of your success: You need door openers, business angles,
fortune 1000 CEO’s. Try to get superstars to join your advisery board, offer them
shares. Their contact network will become yours, horespower for your business.
The last 10% of your success can be anything between you and mars.
9) If you lie, your fucked: Everyone knows Everyone.
10) You can restart at anytime: There are no mistakes, only lessons. If you find
out your business sucks, don’t waste any more time with it. Use eveything you
learned to do it better next time.
