The way of startups (if you're not in Silicon Valley) - Truths, Myths, Bubbles
The way of Startups (if youre not in Silicon Valley) Truths, Myths, Bubbles
TruthIts easy to start1. Have an idea2. Get a team (maybe)3. Build a productYoure a startup!
MythThe clients will comeBut not always...And not if you stay put and wait for them...And if they come, they wont want to pay
TruthIts easier to succeed nowadaysA lot of know-how, information, resourcesA lot of incubators, accelerators, co-worksGlobal networkingSmaller costs
MythIf you have a great idea youll become thenext FacebookWith a lot of luckNeed to be in the right place at the right timeWith a lot of networking, networking, networkingAnd if you know the secret ingredient of ColonelSanders :)
TruthStill, its not easy to stay thereIt takes a lot of moneyIt takes a lot of timeIt takes a lot of morale
MythWork hard enough youll surely succeedIts not enough to work hardThink and test before you start to workAnd maybe not from the first try...
TruthIts ok to failAccept itLearn from your mistakesMove on
MythYou need an investor to succeedBootstrapping can be better sometimesBe aware of the dumb moneyFirst succeed and then take money to grow
The final TruthEach person and startup is differentDont follow the stereotypesBuild your own wayBe happy!
About meAndrei Firoiu - Web entrepreneur Net Interaction netinteraction.biz Custom web development (Ecommerce, CMS, Facebook apps, Multimedia) RedEye Reports redeyereports.com Mobile business data acquisition and reporting platform AziLaPranz.ro Local daily listing service for special offers from restaurants