Rule #1: Hire the right people. Pick people with not just skill but also attitude, tone and posture. Find people who can collaborate and work as a team. So do you pick skill or personality if you have to choose one? Watch the interview for the answer.
Rule #2: Your idea and vision should be big. This is critical for success.
Rule #3: Do the Startup Wiggle, which is how Samir describes all the changes and decisions made early on. Get ready to fail fast and make changes no matter how difficult. Sam shares how he made the tough decision of walking away from 50% of their original vision. Their initial vision included using people as filters for both content and commerce however after the initial launch they walked away from commerce to focus on content alone.
Watch the interview to learn the process Samir follows to make these tough decisions.