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Being part of a startup culture can be one of the most fun and rewarding experiences in your professional life. It can accelerate your career to heights you've never thought of while, at the same time, having fun in doing so. However, it's ultimately up to you to whether sink or swim in this environment; having a startup mindset can be your ally. In this course, you'll learn about what the startup mentality is all about and how you can apply it in your everyday work.
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Importance of Having a Startup Mindset
Making Decisions Like a Startup Pro
Rules of Thumb In Startup Decision-Making Here are the unwritten rules to help you develop that startup decision-making muscle: Make decisions fast. Think like a CEO. Accept the potential of making mistakes, but don't overdo it. **Maintain an external perspective. ** Avoid decision fatigue.
Take Soundcloud for example. SoundCloud CTO Eric Walhforss says, "we expect every employee at SoundCloud to take a lot of initiative and ownership in their areas – we want our employees to be “entrepreneurial” in that sense. 6
Adopt a martian’s point of view 5 “What if a Martian landed in the room right now and was faced with this decision? What would she say?” More often than not, asking what a total outsider might do — someone with zero knowledge of conventional wisdom or company history — can help pull a discussion out of the weeds and help to make the right decision.
Surviving the Hypergrowth Phase
The hypergrowth phase of a startup is considered to be the holy grail of achievements. 1 You and your fellow employees have worked relentlessly to build an amazing product. The market has finally responded and your company is gaining the immense momentum it has been aiming for ever since. However, if not managed correctly, hyper-growth can become a curse rather than a blessing. The downside is that you might become overwhelmed and other resources are being stretched to the brink of failure. So, what do you do?
Good for eager people that are determined and greed kizen