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Untitled Document

The how to's of 2007

Published: Wednesday, November 29, 2006

Want to know how to be that someone you've always dreamed of being? Want to know how to tell people what to do? Want to know how to be rich? then look no further than Business 2.0's "How to succeed in 2007" feature where they asked 50 of the what they call the brightest minds how they do what they do.


Here is how Youtube's Chad Hurley got $1.6 Billion for his little start up:


1. Test first. Launch your product or service before you have funding. See how people respond to it before you have a PowerPoint and business plan - have something people can use, and go from there.

2. Seek outside feedback. As you start building the product, don't assume that you know all the answers. Listen to the community and adapt. We had a lot of our own ideas about how the service would evolve. Coming from PayPal and eBay, we saw YouTube as a powerful way to add video to auctions, but we didn't see anyone using our product that way, so we didn't add features to support it.


How to Succeed in 2007 [Business 2.0]

Labels: Lists, Youtube

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