Rules for Entrepreneurs

David Sifry (from Technorati) posted a presentation from 1991 called Rules for Entrepreneurs. It’s a PDF, and doesn’t have any notes, but the rules are great. Reposted here for discussion:

15. Never Fear Mistakes
14. There are no dumb questions
13. Serendipity is your friend
12. Know yourself
11. Know your customer – listen
10. Know your competition
9. Vision is easy. Execution is hard.
8. Focus, focus, focus!
7. Get a great team
6. Don’t forget your friends
5. Understand your business model
4. Never ask someone to do something you wouldn’t do yourself
3. Do good
2. Do it because you love it
1. Dream. You can change the world.

As I immerse myself in the world of entrepreneurial spirit, these rules ring pretty accurate. What do you think?