Ever wondered about what goes on in the minds of businessmen, entrepreneurs, and founders of startups? What inspired them to create Uber, Facebook, Talabat and all those digital services? And most importantly where did they get the motivation from to start working and continue working on their projects. This is what David Kidder, Co-Founder and CEO of Bionic, outlines in his book “The Startup Playbook: Secrets of the Fastest-Growing Startups from their Founding Entrepreneurs.”
The most interesting part of the book is that Kidder features interviews with 40 successful startup founders that provides readers, especially entrepreneurs with an insight on what’s it like to be building businesses like PayPal, LinkedIn, Flicker, TED, AOL and more. He how important it is for entrepreneurs to focus on their big ideas with a lot of energy, meaning that startups need to identify a niche where they will provide their product or service better than anyone else in the region. To him, that’s one of the keys to a startup’s success.
Additionally, Kidder outlines some tips for aspiring entrepreneurs who’re interested in starting a business, here are some of his great tips:
“Don’t Make Big Decisions at a Time of Weakness. When you’re under extreme stress, you’ll be tempted to say, “We’ll have to close this whole thing down” or “We’ll have to make this big gamble.” But you’re not mentally equipped to make smart decisions when you’re feeling weak and beaten up.”
“Money Is a Magnifying Glass Money makes you more of who you already are. If you are a jerk, it will make you a bigger jerk; if you’re insecure, you become even more insecure; if you are generous, you become even more generous; if you are nice, you become even nicer. Making money is like holding up a magnifying glass to who you are, personally and professionally. It creates a lot of energy and power, and it’s up to you to use that in a really good way.”
“Determining if you are right for the startup experience can involve a complex personal evaluation. The good news is that entrepreneurship can be taught. It’s a journey, not an outcome, and you simply need to be doggedly committed to personally growing until you unlock your playbook, and pursue and execute on your greatest idea.”
The book provides you with the whole cycle of operating a startup from having it as a concept to full implementation while at the same time making money through practical ideas.