Comments on: starting a business is like robbing a bank – organize your crew http://mindofahustler.com/starting-a-business-is-like-robbing-a-bank-organize-your-crew/ The Road To Success Starts in the Street Mon, 29 Aug 2011 23:27:25 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: How to pick your million dollar crew | Mind of a Hustler http://mindofahustler.com/starting-a-business-is-like-robbing-a-bank-organize-your-crew/comment-page-1/#comment-70 How to pick your million dollar crew | Mind of a Hustler Sat, 08 Dec 2007 08:14:53 +0000 http://mindofahustler.com/starting-a-business-is-like-robbing-a-bank-organize-your-crew/#comment-70 [...] I will be adding to the list of players in your hustle later on. The next part of this will be what you do once you have your crew. I am calling it “Starting a business is like robbing a bank.“ [...] [...] I will be adding to the list of players in your hustle later on. The next part of this will be what you do once you have your crew. I am calling it “Starting a business is like robbing a bank.“ [...]

]]> By: The Hustler http://mindofahustler.com/starting-a-business-is-like-robbing-a-bank-organize-your-crew/comment-page-1/#comment-28 The Hustler Wed, 17 Oct 2007 03:42:19 +0000 http://mindofahustler.com/starting-a-business-is-like-robbing-a-bank-organize-your-crew/#comment-28 <p>I was planning on going into more depth on that but the post was getting out of control. I had to stop somewhere.</p> <p>To answer your question, what I did was keep parts of the plan to myself (insurance). He was The Leader but I was The Brains. Even though The Leader knew most of the plan, The Leader is generally a "Big Picture" person. The Brain knows the details. The Leader doesn't always WANT all the pesky details - like a detailed marketing plan. He had the business plan and my architecture notes (this was a software project). When he asked about the marketing plan I gave him generalities of the strategy. But since I was making the connections myself, those contacts were mine. I used my efforts as leverage. </p> <p>When he decided to screw me - he lost all the people that were ready to promote and support the product. He lost a lot of free press and was forced to do it himself. But marketing was not his strength.</p> <p>Unfortunately for him - he didn't know what he didn't know and it bit him in the ass. Don't make the same mistake that my partner made. Make sure you have the details from your team but never assume that you have everything. </p> I was planning on going into more depth on that but the post was getting out of control. I had to stop somewhere.

To answer your question, what I did was keep parts of the plan to myself (insurance). He was The Leader but I was The Brains. Even though The Leader knew most of the plan, The Leader is generally a “Big Picture” person. The Brain knows the details. The Leader doesn’t always WANT all the pesky details – like a detailed marketing plan. He had the business plan and my architecture notes (this was a software project). When he asked about the marketing plan I gave him generalities of the strategy. But since I was making the connections myself, those contacts were mine. I used my efforts as leverage.

When he decided to screw me – he lost all the people that were ready to promote and support the product. He lost a lot of free press and was forced to do it himself. But marketing was not his strength.

Unfortunately for him – he didn’t know what he didn’t know and it bit him in the ass. Don’t make the same mistake that my partner made. Make sure you have the details from your team but never assume that you have everything.

]]> By: P.J. Thomas http://mindofahustler.com/starting-a-business-is-like-robbing-a-bank-organize-your-crew/comment-page-1/#comment-27 P.J. Thomas Tue, 16 Oct 2007 20:26:36 +0000 http://mindofahustler.com/starting-a-business-is-like-robbing-a-bank-organize-your-crew/#comment-27 What you say is very relevant. I've been burned by making that mistake. So what is your sttrategy for keeping players in the game without them having a playbook? What you say is very relevant. I’ve been burned by making that mistake. So what is your sttrategy for keeping players in the game without them having a playbook?

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