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In this light hearted presentation I did in MEET networking session, I would like to share with you 10 tips I have learnt when developing FAME, a Facebook application that has been selected as top 50 startups in fbFund 2009. http://apps.facebook.com/famexchg Maximising your savings in an early stage startup is extremely important, but how low would you, and should you go? When does it make sense to invest, and when not to? Some of my content is inspired by Jason, http://calacanis.com/2008/03/07/how-to-save-money-running-a-startup-17-really-good-tips/.
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Tip #0: Start your day late
Tip #0: Let Em Work From Home
Tip # 1: Get a Mac
Tip # 2: Networking is King
Tip #3: Just Ask!
Tip #4: Embrace Freebies
Tip #5: Go pFingo
Tip # 6: Pay Peanuts, & You get Monkeys.
Tip # 6: … Consider Equity Payment
Tip #7: Interns are Cool
Tip #7: .. And so are Student Teams
Tip #7: When all else fails, Jobscentral
Tip #8: Invest in these…
Tip #9: Cheap Tables .. Expensive Chairs
Tip #10: Meetings are Evil
Think Long Term
Bonus Tip: Live with your mum (;
You are now a Certified Miser!
Voila!
