Web startups boast a reputation as the coolest kids on the business block, and with good reason. Between the VC cash, high-profile products, and techie love-fests, these hot companies make business look sexy. The tech startup scene’s unique approach to business also provides useful lessons for any fledgling company, no matter the industry.
Mashable’s Jolie O’Dell outlined five lessons to learn from web startups for Open Forum:
- Work hard, play hard—don’t banish fun from the office.
- Working in PJs at 3am still counts as working.
- Embrace frugality.
- Reevaluate, readjust, and shift.
- Small risks can reap huge rewards.