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Stay true to your core values from "summary" of The Startup Playbook by David Kidder
When building a startup, it is essential to establish a set of core values that serve as the foundation for everything you do. These values are the guiding principles that shape your company's culture, vision, and decision-making processes. They are the beliefs that you and your team hold dear, and they should be non-negotiable. Core values are not just a list of nice-sounding words; they are the essence of your company's identity. They should reflect who you are as a founder, what you stand for, and what you want your company to represent. These values should be deeply ingrained in your company's DNA and should guide every aspect of your business, from hiring and firing decisions to product development and customer interactions. It is crucial to stay true to your core values, even when faced with challenges or temptations to compromise. Your values are what set you apart from your competitors and attract like-minded employees, customers, and investors. They are what keep you grounded and focused on your mission, even when the business landscape is constantly changing. By staying true to your core values, you build trust and credibility with your stakeholders. They know what to expect from you, and they can rely on you to act consistently and authentically. This consistency breeds loyalty and long-term relationships, which are invaluable in the world of startups.- Your core values are what drive your success and make your company unique. They are the North Star that guides your journey and keeps you on course, no matter what obstacles you may face. Embracing and embodying your values will not only help you build a successful startup but also a fulfilling and meaningful one.
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