What we’ve learned from 10 years of being in the software development business

Pavlo Bashmakov
Jul 2, 2015 · 5 min read

The Team

1. Hire wisely and fire fast.

2. Lots of people are good talkers. Pay more attention to actions.

3. Combine the right teams.

4. Work only with the best people available.

5. Help People Grow.

Business-model

6. Your business model matters.

7. Local vs. Global matters.

8. Build a scalable business.

9. Know your exit strategy or have a very ambitious plan.

10. Grow fast but maintain the quality of service and the quality of the team.

Leadership

11. Take responsibility.

12. Delegate.

13. Share and communicate your vision and values clearly.

14. Be transparent.

15. Listen more.

16. Don’t build any hierarchy, keep it plain and simple as long as you can.

17. Every system always has inertia.

18. Take small steps in changing a complex thing.

Communication/Marketing/PR

19. Learn how to tell a great story.

20. Communication strategy and perception matter.

21. Communicate your thoughts in texts, blogs, presentations, and speeches.

22. Be a part of the community.

23. Give back more than you take.

Doubt & Procrastination

24. There are always things you don’t have a clue how to do right.

25. Sketch a plan, decide and act.

26. Iterate. Over and over again.

Learning & Innovations

27. Read books, they are helpful.

28. Innovations are necessary, but not so easy to craft.

Clients

29. Provide service of the best quality that you can.

30. Sometimes you need to fire a client.

Structure/Legal/Finances

31. Structure your business the right way from day one.

32. Always keep your finances in order.




Inside Stanfy

Insights and behind-the-scenes stories from Stanfy team

Thanks to Anna Iurchenko

Pavlo Bashmakov

Written by

Founder at Stanfy, software development studio. Researching autonomy, self-driving cars and robotics.

Inside Stanfy

Insights and behind-the-scenes stories from Stanfy team

Pavlo Bashmakov

Written by

Founder at Stanfy, software development studio. Researching autonomy, self-driving cars and robotics.

Inside Stanfy

Insights and behind-the-scenes stories from Stanfy team

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