Startups

11 startup tips from Wizehive and DreamIt cofounder Mike Levinson

During Philly Tech Week, the Startup Pitch Night featured advice from those who have already been there including Mike Levinson, a founder of both WizeHive and DreamIt Ventures. Here are 11 of his 30 pieces of advice.

The DreamIt Ventures Managing Partners at the New York City 2012 Demo Day, including Mike Levinson at far left.

This is a guest post from Rocco DiCicco.

During Philly Tech Week, the Startup Pitch Night featured advice from those who have already been there including Mike Levinson, a founder of both WizeHive and DreamIt Ventures.

Attendee Rocco DiCicco, a social worker and IT specialist in the city’s prison system, shared some of is favorite takeaways.

Find more context here.

 

  1. Understand Your Endgame…
  2. Be Realistic About Your Funding And Marketing Needs…
  3. Cherish Your Equity, Or You Only Get One Pie…
  4. Give Your Staff The Credit…
  5. Don’t Hire Easy, Hire Right…
  6. Lead By Example…
  7. Relentlessly Keep Overhead Low
  8. Make Good Not Perfect Decisions, But Execute Well…
  9. Determination Is Most Important Factor In Spotting A Successful Entrepreneur
  10. Start Narrow In Focus, Expand Later
  11. Traction Trumps Just About Everything Else…

Read more here.

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