Focus Points for Entrepreneurs

When someone asked for advice on How to become a millionaire in 3 years on Hacker News, serial entrepreneur Jason Baptiste took the task seriously providing thirty-seven things to focus on when starting a company, including:

• Market opportunity
• Inequality of information
• Surround yourself with smart people
• Your primary metric shouldn’t be dollars
• If you do focus on a dollar amount, focus on the first $10,000
• Get as many distribution channels as possible
• Be a master of information
• Be so good they can’t ignore you
• Give yourself every opportunity you can
• Look for the accessory ecosystem
• Make the illiquid, liquid
• Don’t be emotional
• Don’t leave things up to chance
• Raise revenue, not funding
• Don’t get comfortable
• Don’t skimp on the important things
• Keep the momentum going
• Listen to (or read the transcriptions of) every Mixergy interview you can
• Learn how to filter

Jason goes into great detail for each item on his list, starting his post with the clarification that these tips are for making a success of a business endeavour in “a short time frame” (i.e. not specifically for making a million dollars in three years).