Don’t be afraid of maps

I’ve spent a bunch of time with a handful of the TechStars teams in the last few weeks. The first week of TechStars was a complete whirlwind (lots of new people to meet, presentations from a bunch of big tech vendors, learning the lay of the land in Boulder, etc). Now the teams have caught their collective breath and are starting to realize just how quickly the summer rolls by when you’re creating and building a business.

While it’s fun to run and gun during the early stages of business formation, I’ve always been insistent that the teams that I work closely with map out their work for the summer early on. It’s not something that’s set in stone but is a good guide of where we think we can get to in a 12 week period. These roadmaps get modified on a regular basis throughout the summer but the overall framework generally remains the same (in part because each team is striving to make discernable and demonstrative progress by the final "pitch" day at the end of the program).

Seth Levine

Full Story: http://www.sethlevine.com/blog/archives/2008/06/dont-be-afraid.php