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Is starting a startup about living the dream?
Here are some uncomfortable truths about starting. It looks glossy & it feels like you are part of the group putting a man on Mars, but NO. It's not. But first, a startup is not a small SME or a small version of a big business.
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Here are some uncomfortable truths about starting. It looks glossy & it feels like you are part of the group putting a man on Mars, but NO. It's not. But first, a startup is not a small SME or a small version of a big business.
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A startup is also not about tech innovation or invention, it's about new “business models” & generating value in new unproven ways. Its not about the word technology, although that would be nice. Its centered on scale & repeatable. Failure is guaranteed, success is a plus.
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A start-up is a company confused about
1.What its product is.
2.Who its customers are.
3. How to make money
–Dave McClure, 500 Startups
Success depends on speed to figure the above while everything is going against you.
HERE IS SOME OF WHAT YOU HAVE TO OVERCOME EVERYDAY!
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1.What its product is.
2.Who its customers are.
3. How to make money
–Dave McClure, 500 Startups
Success depends on speed to figure the above while everything is going against you.
HERE IS SOME OF WHAT YOU HAVE TO OVERCOME EVERYDAY!
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