RevUnit's 5 Tips for Startup Success

by Mark Carter  on Monday, Sep. 2, 2013 12:00 am  

Joe Saumweber of Bentonville startup RevUnit offers his five tips for startup success, from hiring people who can wear many hats to never burning bridges.

  1. Hire people who are broad. Our first hire was Addam Hardy, who is so multifaceted as a developer and always learning new skills. He instantly expanded our capability across a ton of areas the day he came on board. We need people like that who can wear a lot of hats.
  2. The enemy of the best is the good. There are a lot of good things that can get in the way of the best things. Our ability to rigorously prioritize what we spend our time on will in great measure define our success.
  3. Pick your partners well. Michael [Paladino, co-founder] and I were a known quantity to each other because we worked together before. We disagree often, but we argue really well. Being able to compromise to find the right solution is a critical trait of good partners.
  4. Have a healthy home life. Startup life is hard enough as it is. The last thing a founder needs is tension at home. Dedicating quality time to family keeps us balanced, focused and happy.
  5. Never burn a bridge. It’s a small world, especially in Arkansas. Our reputations stay with us our whole lives and can be a huge factor in our eventual success. This doesn’t mean that we never screw up. We just make sure to own up to it and do everything we can to make it right.

 

 

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