Archive for the ‘Tips & Advice’ Category

What Is The Best Business Advice You’ve Ever Received?

Mohamed Marwen Meddah | April 21, 2009 – 9:18 am | comment Comments

I thought it was about time to do another crowd-sourced post experiment where I throw a question out there on social networks, try to gather different people’s feedback and bits and pieces of their shared wisdom, and then share it with everyone here.

The question I asked this time was: What is the best business advice you’ve ever received?

And the replies I got were very interesting ones, both on Twitter and Facebook.

From Twitter (in reply to this):

  • Do what you want to do, complete your goals and don’t compare yourself to the others. (Saud Al-Hawawi)
  • Never get into the gold rush business, get into the business of servicing the gold rush business. (Bin Mugahid)
  • Don’t shit where you eat. (Kay)
  • Partnership due diligence. Be very selective with who you partner with. (Mohamed)
  • If you are selling something people don’t need, you are invisible - Seth Godin (Osama A. Dwairi)
  • Always be prepared to leave. (Tareq Abedrabbo)
  • Give more than half your business to somebody else. (Bin Mugahid)
  • Nobody really cares about your grades in school. This is ain’t school boy. (Bin Mugahid)
  • Business is connections; the more you have the more your business will be successful. (Rami Khader)
  • If u have your full time job, look for branding, marketshare & influence of your project & don’t look for money (Tarek Kassar)
  • Do one thing at a time. Focus, Focus, Focus (Tariq Al Asiri)
  • In life, you should never wait to receive blows to deal some. (Mehdi Lamloum)
  • Learn to delegate. (Houeida Anouar)
  • Be an innovator and a leader. (Mehdi Ladjemi)
  • A freelancer should know that the brand is the product, the product is the company and the company is him. (Aniss Bouraba)
  • If you have no work to show, find a charity that needs your service, or do free work for friends or family. (Aniss Bouraba)
  • Listen. (Khalil)

(more…)

What You Need To Develop Some Grand New Thing

Mohamed Marwen Meddah | December 27, 2008 – 9:57 pm | comment Comments
If you want to set off and go develop some grand new thing, you don’t need millions of dollars of capitalization. You need enough pizza and Diet Coke to stick in your refrigerator, a cheap PC to work on and the dedication to go through with it.

The Man Who Thinks He Can

Mohamed Marwen Meddah | November 22, 2008 – 10:44 pm | comment Comments

I came across a little poem called “Thinking”, also known as “The Man Who Thinks He Can”, by Walter D. Wintle, that I thought I’d share, and that I think embodies the spirit an entrepreneur needs to have to succeed.

If you think you’re beaten, you are;

If you think you dare not, you don’t.

If you’d like to win, but think you can’t,

It’s almost a cinch you won’t.

If you think you’ll lose, you’ve lost;

For out in the world we find

Success being with a fellow’s will;

It’s all in the state of mind.

If you think you’re outclassed, you are;

You’ve got to think high to rise.

You’ve got to be sure of yourself

Before you can ever win a prize.

Life’s battles don’t always go

To the stronger or faster man;

But soon or late, the one who wins

Is the man who thinks he can.

Walter D. Wintle

Think Different, Change The Rules, Be A Revolutionary

Mohamed Marwen Meddah | October 4, 2008 – 10:23 pm | comment Comments
Think different in order to change the rules. By definition, if you don’t change the rules, you aren’t a revolutionary, and if you don’t think different, you won’t change the rules.   

Guy Kawasaki ; ‘Rules For Revolutionaries

Just Get On The Bike…

Mohamed Marwen Meddah | September 6, 2008 – 7:05 pm | comment Comments
The key is to just get on the bike, and the key to getting on the bike… is to stop thinking about ‘there are a bunch of reasons I might fall off’ and just hop on and peddle the damned thing. You can pick up a map, a tire pump, and better footwear along the way.

Dick Costolo ; founder of Feedburner.com

The Nine Deadly Startup Diseases

Mohamed Marwen Meddah | August 23, 2008 – 3:39 pm | comment Comments

VirusesBuilding a successful startup is no easy feat; There are a number of problems that founders can face and that can hurt their startups, even fatally.

A really interesting article was published on Sitepoint recently about the nine deadly startup diseases and how they can be cured; I thought I’d share the nine points here in my own words.

The list of deadly diseases goes as follows:

1. The Imaginary User Syndrome: Having no idea who your target audience are will only lead to a lack of direction for your startup, many problems marketing it, and even possible failure. A core target audience has to be defined and reached out to.

2. The Frenetic Distraction Pox: Where time and effort is invested in the early days of a startup is very important; the obvious choice is on building the product, attracting users, reaching objectives; other non-essential tasks can wait for later.

3. The Wrong Hire Infection: Hiring the wrong people at the initial stages of a startup could prove very problematic and even fatal for it; a certain caliber of employees, commitment, skills and passion are really important.

4. The Implicit Promise Fever: Basing your startup on implicit agreements and assumptions with the co-founders and members without anything written down to clarify things like share percentages, voting rights, what do if there is a disagreement or if things don’t work out too well, can only lead to a bunch of problems that could haunt the startup.

5. The Stealth Product Delusion: Waiting as long as possible before starting to show the product to people for feedback under the pretext that it should be perfect is a mistake; the earlier people start giving feedback on the product, the earlier and easier you can factor their ideas into the product and know if you’re on the right track.

6. The Wrong Platform Fracture: Choosing the wrong platform (language, framework, technology) to build your product could come at a very costly price if at a later stage it turns out that it doesn’t fulfill all your needs, isn’t able to scale or isn’t flexible enough; so the decision should be a very well researched one before taking the leap into development.

7. The Other Interest Disorder: Working on other different projects or startups in parallel could prove fatal for a startup, especially in its initial phases of its life, when it needs all the time and effort it can get and more. Focus and dedication are of utmost importance.

8. The Perfection Hallucination: Perfectionism could hurt a startup more than it helps; it has to be balanced with a good deal of pragmatism to know just when the right point is to put the product or new feature out there for users and continue tweaking, enhancing and factoring in feedback later on.

9. The Marketing Blind Spot: The idea of ‘Build it, and they will come’, as enticing as it is, doesn’t always hold true; relying solely on word of mouth marketing could cost the startup its life; every startup needs a certain specific combination of marketing techniques to get through to people and builds its user base; all those techniques and options have to be explored.

You can read the full article with more details here: Nine Deadly Startup Diseases - and How to Cure Them.

Design What You Would Like To Use

Mohamed Marwen Meddah | August 16, 2008 – 11:50 am | comment Comments
When all else fails, go back to the most basic rule of product development: Design what you would like to use. At least you know there’s one customer for your product. This is more than most researchers can identify.

Guy Kawasaki ; ‘Rules For Revolutionaries

Ideas Need Immediate Action

Mohamed Marwen Meddah | August 2, 2008 – 10:57 am | comment Comments
Most ideas are stillborn and need the breath of life injected into them through definite plans of immediate action. The time to nurse an idea is at the time of it’s birth. Every minute it lives gives it a better chance of surviving. The fear of criticism is at the bottom of the destruction of most ideas that never reach the planning and action stage.

Napoleon Hill ; ‘Think and Grow Rich

The True Entrepreneur Is A Doer Not A Dreamer

Mohamed Marwen Meddah | July 12, 2008 – 4:13 pm | comment Comments
The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer.

Nolan Bushnell ; founder of Atari and Chuck E. Cheese’s

Conserve The Possibility To Try Again

Mohamed Marwen Meddah | July 4, 2008 – 4:53 pm | comment Comments
Research has shown, in fact, that the vast majority of successful new business ventures abandoned their original business strategies when they began implementing their initial plans and learned what would work and what would not work in their market. The dominant difference between successful ventures and failed ones, generally, is not the astuteness of their original strategy. Guessing the right strategy at the outset isn’t nearly as important to success as conserving enough resources so that new business initiatives get a second or third stab at getting it right. Those that run out of resources or credibility before they can iterate toward a viable strategy are the ones that fail.

Clayton M. Christensen ; ‘Innovator’s Dilemma
StartUpArabia Database
StartUpArabia LinkedIn GroupStartUpArabia Facebook Group

Upcoming Events

Recent Comments