Tuesday, March 17, 2020

Startup.com

There's nothing like writing a review about a movie 2 1/2 month after you watched it. I actually mean that in a positive respect in this case. The perspective of having listened to our guest speakers and having taken this course after having seen the film actually allows you to understand the mistakes that were made in the running of the business depicted in the film more clearly. When one of the speakers says "business can complicate family relations and ruin friendships", you can think back to this film and say "yep, i can see that'. Another example would be "have a clear organizational structure, and chain of command", you can think back to the film and say to your self; "co-CEO's, bwahaha". It also emphasizes the fact that walking away from something is not necessarily the same as failure, sometimes it is the smartest thing you can do. Meaning it is important to recognize when your company has headed in a bad direction and there is nothing you can do (i'm speaking of not just the partner in the film that got out early, but also all of the guest speakers that said something like "i walked away from that project"). One of the final mistakes that  I recognized while actually watching the film was; don't hire 50 people to sell your product and only ~5 to actually create it. The best sales staff in the world is not going to help you if your product looks like the result of leaving a 6 year old in front of a html editor unsupervised. And finally and most importantly kids, DON'T EMBEZZLE form your company.

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