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by Fred Grott.
Original Post: eCorp.com INC StartUp Rules
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Startup rules to live by when choosing projects or positions. It is named after a startup that has some particular bad behaviors.
1. Management must have real verifiable past work experience in a position.
2. Start up must have a valid statement about their market position. For example a domain name speculator such as eCorp.com INC claiming market share with only 11,000 domain names when market has hundreds of speculators owning 100,000+ domain names each is a bit stretching the truth till it breaks.
3. No black holes in spending towards unmanaged resources. An example, is eCorp.com INC spending $1,000 to $3,000 per week in acquiring new domain names and on average $75,000 to $150,000 per year on domain names without any domain name sales for over 8 years of operations.
4. No spending in areas unrelated to main business goals. A good example of this disaster is if a high tech business domain naem speculator is spending money on rela estate acquisitions without any real estate development experience and a past record of n ot complying wiht zoning/building codes.
5. Money or budget for the project with actual planning documentation.
6. Proof of listening skils and communicaiotn skills as evidenced by one successfull previous project. Success measured by some amount of revenue reported on a income statment and /or balance statement.
7. Clear power strucutures between financial power and executives. For example, if girlfriend of the CEO(VP of eCorp.com INC), in the eCorp.com INC case, is supporting the company with money she should have clear unhidden veto power over the company direction on any project. If you as developer lead are not involved in those types of meetings than you need to walk away from that project.
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