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Know when optimism turns into fantasy

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Uploaded by on Jun 25, 2009

... and beware of going after shiny objects, says Chris Shipley, co-founder of GuidewireChris Shipley, co-founder of Guidewire and executive producer of DEMO, has mentored thousands of startups in her 13 years running the tech conference. In this interview, Shipley shares her advice to entrepreneurs, based on the many mistakes she's observed. As an entrepreneur herself, Shipley admits that often she's better working with entrepreneurs than being one. As she describe it: "It's like a shoemaker's child that goes barefoot."Here are her pieces of advice (paraphrased):Focus: The way I think about it, beware of the shiny objects. When you’re company is young, everything looks like an opportunity. At times, you say you'll pursue one thing, and then switch gears and pursue another. For resource-constrained startups, that's not the way to run a business. ... [http://vator.tv/n/796 read more]

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  • Bad audio... Couldn't listen to it with the background hiss....

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