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Wednesday, June 29, 2011

3 Keys to Startup Success by Twitter's creator, Jack Dorsey



Jack Dorsey outlines three core takeaways from his experiences building and launching Twitter – and more recently – Square, a simple payment utility.

1) Draw: get your idea out of your head and share it,
2) Luck: assess when the time (and the market) is right to execute your idea,
3) Iterate: take in the feedback, be a rigorous editor, and refine your idea.
4) (surprise) Knowing when to stop: how do you quickly move from an idea to a drawing to a Prototype to a position where you can say this is something I want to spend life doing.

About Jack Dorsey

Jack Dorsey is the Creator, Co-founder, and Chairman of Twitter, Inc. Originally from St. Louis, Jack's early fascination with mass-transit and how cities function led him to Manhattan and programming real-time messaging systems for couriers, taxis, and emergency vehicles.

Throughout this work Jack witnessed thousands of workers in the field constantly updating where they were and what they were doing; Twitter is a constrained simplification designed for general usage and extended by the millions of people who make it their own every day.

Jack is dedicated to creating public goods that foster approachability, immediacy, and transparency, and is starting a second company – Square – focused on bringing these concepts to commerce.

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