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Summary...

Tip #1: Empower your team.

Tip #2: Go Real-Time & User IRC (Talk to each other in real-time in a searchable medium).

Tip #3: Go Semi Real Time (Use their prologue tool, or twitter to communicate).

Tip #4: Get Together (Have real world meetups).

Tip #5: Open Source your projects (Get others involved, increases your product shelf life).

Tip #6: Obsess over metrics (experiment, collect data, analyse).

Tip #7: Break down projects into bytesize tasks that can be worked on individually.