A dozen lessons for entrepreneurs

Trenholme J. Griffin

Book - 2017

A Dozen Lessons for Entrepreneurs shows how the insights of leading venture capitalists can teach readers to create a unique approach to building a successful business. Griffin argues that innovation and best practices are discovered by the experimentation of entrepreneurs as they establish the evolutionary fitness of their business. The products and services created through this experimentation that have greater fitness survive, and less-fit products and services die.

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Subjects
Published
New York : Columbia Business School Publishing, Columbia University Press [2017]
Language
English
Main Author
Trenholme J. Griffin (author)
Item Description
Includes glossary.
Physical Description
xvii, 321 pages ; 24 cm
ISBN
9780231184823
  • Concept Directory
  • Foreword
  • Introduction
  • I. The Founder Coaches
  • 1. Steve Blank
  • 2. Bill Campbell
  • 3. Eric Ries
  • II. The Venture Capitalists
  • 4. Y Combinator
  • 5. Baseline Ventures
  • 6. Andreessen Horowitz
  • 7. Expedia, Glassdoor, Zillow
  • 8. Sequoia Capital
  • 9. Breyer Capital
  • 10. Andreessen Horowitz
  • 11. Kleiner Perkins Caufield & Byers
  • 12. Benchmark
  • 13. Sequoia Capital
  • 14. Y Combinator
  • 15. Forerunner Ventures
  • 16. Benchmark
  • 17. Greylock Partners
  • 18. Andreessen Horowitz
  • 19. Khosla Ventures
  • 20. First Round Capital
  • 21. GGV Capital
  • 22. Sequoia Capital
  • 23. Maveron
  • 24. Y Combinator
  • 25. Kleiner Perkins Caufield & Byers
  • 26. Sequoia Capital
  • 27. Social Capital
  • 28. Khosla Ventures
  • 29. Wealthfront
  • 30. AngelList
  • 31. Draper Fisher Jurvetson
  • 32. Upfront Ventures
  • 33. Founders Fund
  • 34. Union Square Ventures
  • 35. Hummer Winblad Venture Partners
  • Conclusion
  • Glossary
Review by Booklist Review

The title of this book sells itself short. This massive collection of 30-plus interviews delivers myriad lessons from the world's foremost innovators. Presenting highlights from personal interviews, Griffin notes key ideas and shares stories and tips in a conversational style. He begins with founder coaches, who he describes as those who help entrepreneurs develop as individuals. The remainder of the text focuses on venture capitalists. Each one has a different take based on the company's focus, but, fundamentally, each says that entrepreneurs need to continually focus on the process of creating, learning, and getting feedback, and to be pioneers. Interviewees include Rich Barton, who has interests in Expedia, Glassdoor, and Zillow, as well as Doug Leone, of Sequoia Capital, with interest in Rackspace. Griffin makes a point to include female entrepreneurs, such as Kirsten Green, founder of Forerunner Ventures, whose portfolio includes Dollar Shave Club and Warby Parker. In addition, the book features a glossary and a concept map.With the continued technology boom and a nation of innovators, this book is a treasure trove of wisdom that delivers a blueprint across the entrepreneurial spectrum.--Adams, Jennifer Copyright 2018 Booklist

From Booklist, Copyright (c) American Library Association. Used with permission.
Review by Publisher's Weekly Review

Griffin (Charlie Munger: The Complete Investor), a business writer who formerly worked in private equity, offers valuable lessons for entrepreneurs in this astute compilation of best practices. Griffin identifies and interviews 12 successful venture capitalists and business coaches worthy of providing singular advice, including Steve Blank, founder of Epiphany and Convergent Technologies; Marc Andreessen, cofounder of Netscape; and Mary Meeker, a partner at venture capital firm Kleiner Perkins Caulfield & Byers. Griffin quotes a dozen pearls of entrepreneurial wisdom from each and offers short explanations to provide context. Lessons include "recruit the best person you can who knows how to create an innovation culture" (from Bill Campbell, who transitioned from football coach at Columbia to Apple marketing v-p) and "the best entrepreneurs don't know what they don't know so they attempt the impossible" (from venture capitalist John Doerr of Kleiner Perkins Caulfield & Byers). Griffin himself prizes the contrarian approach to investing, which means going "where other investors and business founders are not looking." This perceptive guide captures instrumental advice that serious entrepreneurs would do well to adopt. (Dec.) © Copyright PWxyz, LLC. All rights reserved.

(c) Copyright PWxyz, LLC. All rights reserved