☀ Today with the hype,
glamour, and sex-appeal surrounding start-ups there is a real danger that all and sundry would take the plunge without being fully aware of the rigours and tensions of start-up life. Here are some pointers to help you decide if a start-up is for you. Or if you are better off wherever you currently are.
Are you willing to give
up a cushy corporate lifestyle and the accompanying trappings and luxuries? Are you willing to manage with few resources, handle the immense pressures on your time and yet “give it all you have” performances? Are you willing to have your quality of life negatively affected? Are you physically and mentally healthy? Can you handle 12 to 14 hour days, 6 to 7 days a week for about a year?
Do you have the selfconfidence
to realistically believe in your capabilities and harness the opportunity in the market? Can you communicate this self-confidence to your team mates? Do you have the selfconfidence to convince hard-nosed investors that they’re looking at the opportunity of a lifetime?
Are you individualistic or are
you a team player? Do you share or hoard information? Do you help others on your team with their jobs? Is there trust between team members? Is there a single minded focus and belief on the objectives and goals in the team or are you there for your personal agenda? Can you delegate with confidence?
Do you have the required
functional and business knowledge and expertise? Are you capable of continuous learning? Are you aware of the market, business and technology dynamics and trends? Can you command the respect of the board, investors, and others with your knowledge and awareness?
Are you an effective verbal
and oral communicator? Can you communicate with your team? Can you motivate and charge them? Can you communicate with the board and investors effectively?
Remember there are many ways
to reach financial independence. However, only the last one is truly satisfying and in your control: You can marry it | You can inherit it | You can steal it You can be one of the lucky few and earn it in your corporate life YOU CAN EARN IT IN YOUR START-UP
This presentation is based on
an article originally written by Sanjay Anandaram Is a Start-up for Visit Entrepreneur Academy for more video lessons, articles and presentation for entrepreneurs. Everyone? Designed by Shyamanta Baruah for Entrepreneur Academy