I was fortunate to watch Jeff Hoffman, a successful serial entrepreneur, who co-founded Priceline. make a short but powerful presentation at the Startup Grind Global Event where he gave great advice to entrepreneurs. Here are some of the key points from his presentation:
- Solve real problems
- Don’t chase money, chase excellence; Money follows excellence
- Win a gold medal at one thing: “Be the best damn something in the world and everything will happen.”
- Build a great team
- Get out of your office and be where your customers are
- Find your Golden Purpose which is the intersection of “the thing you’re best at,” “the thing you love,” and “something the world values.”
If you have the time, I encourage you to watch his presentation. It’s about 10 minutes long but very insightful.
By Rich Foreman, CEO / Apptology and Director of Startup Grind Sacramento. Rich co-authored the book Tap into the Mobile Economy and his blog has been listed in the Top 20 Mobile Marketing Blogs of 2014. Follow Rich on Twitter at@ApptologyCEO or attend a Startup Grind Sacramento Event.