The Startup Playbook audiobook cover - Secrets of the Fastest-Growing Startups from Their Founding Entrepreneurs

The Startup Playbook

Secrets of the Fastest-Growing Startups from Their Founding Entrepreneurs

David S. Kidder

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The Startup Playbook
Market Timing & Problem Solving+
Vision & Idea Protection+
Resource Efficiency & Adaptability+
Culture & Customer Loyalty+
Future Focus & Product Design+

Quiz — Test Your Understanding

Question 1 of 6
Why does Reid Hoffman suggest entering a market early, even before an idea's value is fully recognized?
  • A. It guarantees immediate financial support from major investors.
  • B. It significantly diminishes competition because the trend hasn't started yet.
  • C. It allows a company to skip the prototype phase of product development.
  • D. It ensures that early adopters will immediately understand the product's value.
Question 2 of 6
According to Sara Blakely's experience with Spanx, why is it advisable to keep your start-up business model a secret in the beginning?
  • A. To prevent friends and family from discouraging you and to avoid idea theft.
  • B. To build a sense of mystery that will attract media attention from influencers.
  • C. To avoid paying early patent and trademark registration fees.
  • D. To ensure that your future employees do not demand higher equity in the company.
Question 3 of 6
What key lesson can be learned from Robin Chase's handling of Zipcar's early revenue problem?
  • A. Hide financial struggles from customers to maintain brand confidence.
  • B. Pivot to a completely new product line when the original pricing model fails.
  • C. Address the problem quickly and be honest with customers about necessary changes.
  • D. Secure a secondary round of venture capital before adjusting any prices.
Question 4 of 6
How did Seth Goldman of Honest Tea foster a healthy organization and highly motivated employees?
  • A. By offering the highest starting salaries in the beverage industry.
  • B. By modeling a healthy work-life balance, such as leaving the office at 5:30 PM.
  • C. By requiring employees to consume only organic products during work hours.
  • D. By giving employees a percentage of the company's annual $70 million sales.
Question 5 of 6
What is a key principle of the future-oriented mindset demonstrated by Hosain Rahman of Jawbone?
  • A. Once you reach your initial sales goals, you should stabilize and maintain your current product line.
  • B. Wearable technology is the only viable market for future start-up growth.
  • C. What worked yesterday won’t necessarily work today because the world changes rapidly.
  • D. Customer service can be entirely automated as long as the product design is flawless.
Question 6 of 6
Based on the book's actionable advice, what is an effective way to find a viable idea for a new start-up?
  • A. Copying successful business models from foreign markets and localizing them.
  • B. Paying attention to products or services you or others want to use but cannot find.
  • C. Polling venture capitalists on what industries they want to invest in next.
  • D. Analyzing the failure rates of current Fortune 500 companies to take over their market share.

The Startup Playbook — Full Chapter Overview

The Startup Playbook Summary & Overview

The Startup-Playbook (2012) gives you business-building tips straight from the founders of some of the world’s biggest start-ups. By conducting interviews with the founders of companies like LinkedIn and Spanx, the author uncovers what you need to do to make it big.

Who Should Listen to The Startup Playbook?

  • Current and aspiring start-up founders
  • People interested in running a successful business

About the Author: David S. Kidder

David S. Kidder is an entrepreneur and writer. Most recently, he cofounded the online marketing company Clickable, and in 2008 he received the Ernst & Young Entrepreneur of the Year Award.

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