After yesterday’s Growth Stage Entrepreneur Summit, one of the entrepreneurs mentioned to me how even though he’d heard a few of the best practices before, now that his company was much bigger, the ideas resonated and he was going to implement them. This got me thinking about the importance of stage-specific startup advice. When hearing advice, apply a startup stage lens and ask these questions:
- Is this advice for idea, seed, early, or growth stage startups?
- Is this advice relevant for us now or do we need to be at a different stage?
- What’s the context of the size and scale of startups this person has worked at in the past?
The next time someone offers advice, put it in the context of a specific startup stage.
What else? What are some more thoughts on stage-specific startup advice?