8 principles of creating a successful IT-business

Eight mantra of principles that helped me to create my of IT-projects and lead them to success.

1. Focus on value creation rather than on increasing the value of

Each of my project was originally designed to not only make money, but to change the world for the better in the long run. Created by modern IT-product entrepreneur should first improve the quality of clients' lives, and not to increase the company's value.

Market value - a by-product of successful products that improve people's lives.

2. Hire only the best employees

People - is the most valuable asset of any business. Simple recruitment and vacant posts will not lead to success.

I have always tried to look at my projects employees whose competence to meet the highest standards, to outbid them in the market. Also, one should always try invest in training and development their employees so that they can improve the skills and deepen their knowledge.

We twice on a grand scale out of IT-business: the first time in 2014 in the amount of $ 160 million and in 2016 - 900 million dollars. All these projects were originally launched without any outside investment. The whole success was based on the amazing people who work there.

3. Remember that the first-mover advantage does not guarantee success

To leave a mark in any area, not necessarily to be a pioneer. You can invest in an existing sector, which remained stable for several years, and to offer innovative solutions. This cyclical nature is particularly characteristic of the technology sector, which ranges between innovation and stagnation.

To succeed, you do not need a completely new idea, we need more than just a good idea.

4. Take care that the staff imagined the company's goals

Each person in your company should be aware of its goals. It motivates employees to take an active part in the company's activities and to acquire a sense of shared responsibility with their supervisor. Also, each person working on you should know what the company is taking various actions and what they will bring.

5. Be flexible, be prepared to deviate from the original plan

Change - an inevitable part of the life cycle. In the life of every organization are ups and downs. And each team has a growth curve performance. If you do not allow employees to adjust an already running process of development of the company, then your business will suffer.

6. Be able to work at full capacity and share knowledge

In many areas of our lives, we are working with less than optimum efficiency. In all our projects, I always sought to ensure that the work fully and continuously improve the effectiveness - both his and his team.

7. Influence is directly proportional to your potential

Each of us has the opportunity to change the world. If you understand that you are truly fascinated, you can decide how to use this enthusiasm for the common good. By focusing on this effort, you can have an impact that is directly proportional to your potential.

8. Identify obstacles in work and get them using appropriate tools

Most of the problems that arise in the workplace and the associated efficiency, teamwork and communications, can be solved by technology.

After identifying the needs of podyschu tools and programs to meet her. You can either use ready-made turnkey solutions, or select the custom applications that are modified according to your needs.

I recommend their employees to use to automate routine manual processes and tools and applications to free time for truly innovative projects.