The Investor's Shelf — one book
The Art of the Start: The Time-Tested, Battl

The Art of the Start: The Time-Tested, Battle-Hardened Guide for Anyone Starting Anything

Guy Kawasaki
2004
T3 226 pages · about 3h 46m to read OL1847363Wgoodreads

Summary

Kawasaki wrote this as a practical guide to starting an organisation, drawing on his experience at Apple and as a venture investor. It is organised around the sequence of tasks a founder faces rather than around a theory.

The substantive content includes: causation, meaning start with the meaning the organisation creates rather than with a mission statement, and his instruction to write a mantra of three or four words that employees can actually remember; positioning, where he argues a company must be able to say what it does in one sentence that a customer would use; pitching, where his ten-twenty-thirty rule specifies ten slides, twenty minutes and thirty-point type, and where he sets out the ten slides a fundraising pitch should contain; bootstrapping, where he argues cash flow beats profitability and that a founder should ship rather than perfect; recruiting, where he argues to hire people better than yourself and to ignore irrelevant experience; and evangelism and partnering, where his particular expertise lies.

The most quoted content is the pitching material, which has been adopted widely enough that the ten-slide structure is now the default expectation in early-stage fundraising.

The book has no evidence base and consists of practical assertions from experience. It is from 2004 and the fundraising environment, the cost of starting a software company and the go-to-market options have all changed substantially. The pitching, positioning and mantra material remains directly usable.

Key takeaways 7

  1. A company should start from the meaning it creates rather than from a mission statement, and compress that into a three or four word mantra people remember.
  2. A founder must be able to say what the company does in one sentence that a customer would actually use.
  3. A fundraising presentation should be ten slides in twenty minutes in thirty-point type, which forces the content to be the argument rather than the detail.
  4. Cash flow matters more than profitability for a company that has not raised capital, since the second is an accounting result and the first determines survival.
  5. Ship the product and improve it rather than perfecting it, because the information needed to improve it only exists after customers use it.
  6. Hire people better than yourself and disregard experience that is not relevant to the specific work.
  7. Getting the first customers to talk about the product does more than any marketing expenditure available to a company at that stage.

Who should read it

First-time founders who want practical sequenced advice on positioning, pitching and early execution.

About Guy Kawasaki

Chief evangelist at Canva; earlier Apple's Macintosh evangelist and a co-founder of Garage Technology Ventures.

The Art of the Start breaks early-company work into concrete tasks - pitching, positioning, recruiting, bootstrapping, partnering - for founders with no prior company behind them. The Macintosh Way and Selling the Dream document how Apple built developer and customer evangelism into a product launch, which is where the modern practice of developer relations comes from.

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Where it sits in the reference 2

Founders
Business themes

Who recommended it 1 · 1 direct

Chai with Pabrai bookshelf — Unorganized, yet Interesting

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