A lot has happened since the last startup advice post here on DailyTekk that I’m sure you don’t want to miss. First, we explored the issue of failure and whether or not it was fatal. The responses will give you courage and hope in your quest to start your own business. Second, we explored the concept of creativity in If Creativity is Currency, Are You Broke? I think the name speaks for itself. Both articles are must reads for entrepreneurs.
Yes, this 3rd installment of startup advice (specifically tailored to tech entrepreneurs, but equally useful to all founders and teams) is labelled ‘September’ but I think you’ll find that what is said here is pretty timeless. How can you go wrong when you have the mind behind the Star Trek Holodeck giving you advice? Since each person here represents a different sector, background and experience level, I’ll ask once again: where on earth are you going to get access to these great people all neatly organized for you to peruse? Just here 🙂
Also read: Can’t Miss Startup Advice (July)
Don’t wait! Most people will have an idea and talk about it for ages. The reality is that idea is running away from you every day unless you chase it. I don’t think you need to quit your job, blow your savings, and alienate your family (that all comes later), but you can always find ways to put good, productive energy into refining your idea and understanding of the customer it helps.
Will You Do Whatever It Takes?
Forget it! Just kidding. But it is a difficult and painful road, littered with strife, disappointments, greedy and hurtful people, and sacrifice. However, if you are lucky and are pursuing a product that there really is a market for, a big market, and you have a really good economical solution, it can really be worth it. You could make a lot of money, see your efforts and creations actualized in the real world, meet and make friends with many interesting and wonderful people, and have a great time enjoying the ride.
Before starting your company, you have to do the research to determine if your product will work, if it fills a need of enough people, if anyone else has something like it ...