Friday, April 24, 2015

The Startup Opportunity



The Startup Opportunity

Being an entrepreneur or being a founder of a Startup is perhaps one of the most difficult job in the world. The odds to succeed are usually against you….. well not always, but most of the time, as research suggests the low success rate for a Startup. In other words, building or working for a Startup is essentially like going on a roller coaster, there are several ups and downs as you ride along, that with every ‘Up’ you get strength and energy to continue, but with every ‘Down’, it takes away a lot more, as you have invested not only your time but your money, hope and whatever you had to sacrifice to Startup in the first place.

In short, the stakes are high and things get more complex as more people start to get associated with your Startup. You are not only responsible for how the venture does, but how others do too - Perils of being a Startup founder !

That being said, an entrepreneur needs to be determined, motivated, have a positive outlook and most importantly have self belief. You need to celebrate every little success you have along the way and these small celebrations will make you more resilient and confident. Entrepreneurship is a beautiful but a very lonely journey, so surround yourself with those who are positive and can provide you will all the help you need. Don’t be shy to ask for help. Reward those who stand by you, be grateful and always, always be humble.
Startup, but don’t go chasing money, chase your dream, make it happen and the money will find you.
We all have great ideas, but ideas are pointless if you can’t implement them. So the sooner you put your ideas to test, the sooner you will find out where things stand and what you need to do to succeed. It is also important to define success as everyone measures success differently. Take small steps, but keep moving forward.

We are in the start or some would say we are in the middle of a global Startup revolution, whatever the case maybe, various Startups have seen and are seeing unprecedented success and access to funding - Flipkart, Airbnb, Uber, Alibaba are classic examples to name a few.
Thus, this Startup revolution is perhaps the biggest opportunity many of us will ever see in our current lifetime – to make a difference in the world we live in and to leave a legacy behind. It is really now or never and it is really upto you to make it happen.
The opportunity is knocking, the opportunity is now ! Startup.

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