Mark Cuban has these 12 rules for startups

"Our work requires us to understand how people think and build companies.

Here are 12 rules that Marc Cuban swears by… Highly practical.

1. Obsession is Key.

Don't start a company unless it's an obsession.

2. Don't start with an exit strategy.

If you do, this isn't your obsession.

3. Hire people who you think will love working there.

The team is everything. Their enthusiasm fuels your success.

4. Sales cures all.

Focus on selling your product or service.

5. Know what you're best at.

Know your core competencies and focus on being great at them.

This is where you should spend your energy.

6. Lunch is leverage.

Lunch is a chance to get out of the office and talk.

Use this time to build relationships and connect

7. Default to open.

No offices. Cuban believes nothing is private in a startup. Keep your organization flat and open.

8. On Technology Choices.

As far as tech goes, go with what you know.

9. Flat, not Fat orgs.

Keep your org flat.

This encourages open communication and quick decision-making.

10. Never buy Swag.

Never buy swag. It's an unnecessary expense.

11. Never hire a PR Firm.

Never hire a PR firm. Handle public relations internally.

12. Culture is key to winning.

Make the job fun for employees. A happy team is a productive team.

We ABN Asia so far operates as a startup always. We pretty much agree to these rules and check box many."

Author

AiUTOMATING PEOPLE, ABN ASIA was founded by people with deep roots in academia, with work experience in the US, Holland, Hungary, Japan, South Korea, Singapore, and Vietnam. ABN Asia is where academia and technology meet opportunity. With our cutting-edge solutions and competent software development services, we're helping businesses level up and take on the global scene. Our commitment: Faster. Better. More reliable. In most cases: Cheaper as well.

Feel free to reach out to us whenever you require IT services, digital consulting, off-the-shelf software solutions, or if you'd like to send us requests for proposals (RFPs). You can contact us at [email protected]. We're ready to assist you with all your technology needs.

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