1) Spin the wool thick. Put the stripes right in there, it saves time later
2) Use 7mm needles
3) Hang out with some wonderful knitting peeps, eating rainbow cake for sugary, rainbow knitting energy (thank you Katie)
4) Don't forget to stop
5) Cast off
6) Make the recipient try it on, even though he is half way through cooking dinner
7) Admire and enjoy.