Archive for April 28th, 2008
Startup Founders – Are You In Rush To Start A Startup?
I was discussing with my friend that why sometimes people misunderstand that young would-be-entrepreneurs are in rush to start a startup.
I think it’s not young entrepreneurs are in rush, but it’s just that their tremendous passion to build something on their own and their excitement to do it for the first time – get portrayed as their act of urgency.
When I ask this question to myself – if am I in rush or not – I find that I’m neither looking for an overnight flip nor in rush to become a successful celebrity. But at the same time, I know that I’m in rush to start the process of starting a startup.
I think even if we want to start a ‘real’ startup say after one year or so, we should just get started today and should not delay the process at all. If we decide to start a startup after one year or so, we may not have many ingredients available at that point of time like team, skills, market, etc.
My point is – why not start working from today only? How about – we start building a team, we start developing skills, we start developing chemistry, we start brainstorming the problems, we start finding the solutions, we start catching the market waves and one fine day – we unitedly decide – this is it – this is what we want to start.
If today we feel that we are not ready to start, then I think that’s ok. But that should not stop us from working with our team on some problems which may be our future dreams. Whatever time available on daily basis – say 2-3 hrs, if we work patiently towards building something meaningful, I believe we will be in a much better position after one year to start something really compelling.
Our main aim right now should be to build a rock solid team, which in future will build a great company. We don’t need to know what ultimate problem we would solve, but at least we will build a cohesive team, which will be capable enough to solve any problem in the future.
I believe that being in such kind of rush is actually a great problem to have. So we should definitely start the process right now!
