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January 09, 2006
Top ten lies of entreprenuers
Author, Apple Mac evangelist, and Silicon Valley venture capitalist Guy Kawasaki has an interesting blog in which he follows up this clever post on the "Top Ten Lies of Venture Capitalists" with this hilarious post on the "Top Ten Lies of Entreprenuers," which include the following (see Kawasaki's post for his explanation of each lie):
1. “Our projections are conservative.”2. “Gartner says our market will be $50 billion in 2010.”
3. “Boeing is going to sign our purchase order next week.”
4. “Key employees are set to join us as soon as we get funded.”
5. “No one is doing what we're doing.”
6. “No one can do what we're doing.”
7. “Hurry because several other venture capital firms are interested.”
8. “Oracle is too big/dumb/slow to be a threat.”
9. “We have a proven management team.”
10. “Patents make our product defensible.”
Bonus lie: “All we have to do is get 1% of the market.”
My contribution: "If you can help us solve this initial cash flow issue, we'll be just fine."
Posted by Tom at January 9, 2006 06:22 AM
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� Guy Kawasaki: The Top Ten Lies of Entrepreneurs from jB: no - that's definitely not good enough
Following up his post named The Top Ten Lies of Venture Capitalists, Guy Kawasaki has posted another entry on his blog named The Top Ten Lies of Entrepreneurs. Readers of his book "The Art of the Start" will recognize this list as being mentioned there... [Read More]
Tracked on January 9, 2006 12:52 PM
Comments
T: I must confess that virtually every geologist, including myself, who has ever marketed an oil and gas drilling deal has used number one. The only difference is, we don't believe it's a lie. s
Posted by: Steve Wilmoth at January 11, 2006 05:52 AM
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