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#248: The 10 Commandments of Startup Success with Reid Hoffman

The Tim Ferriss Show

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How to Raise More Money Than You Think You Need

Merriam's plan to start a lifestyle business just didn't pan out. She didn't have enough funding to cover Plan B or her plans B as I like to say. So she reluctantly pitched her idea and secured another round of funding. And we raised our venture around two weeks before Lehman failed. The fifth commandment is actually one of Reid Hoffman's more famous recommendations. If you're not embarrassed by your first product release, you've released too late.

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