Why you should quit your job and join a startup.

Why you should quit your job for a start-up. By: Nishant Soni (CEO, Cobaan) [email_address] , 9350353067 Dec 21, 2006

Why Startups
Startups present the only (and the best) opportunity to make you stinking filthy obscenely rich.
Think 50-200 Crores over the next 2-5 years
Catch
Be at the right place at the right time
Understand what is the right place (company) and what is the right time (cofounder, post-angel, post-seed)

Understand Startups to Win with Startups
Why?
Odds are very heavily stacked against startup success.
Think flipping a dice 10 times in a row and getting a six each time.
The good part
Very Striking and Identifiable predictors behind Startup success.
Team, Experience, Funding, Marketing, Leadership, Board of advisors, Opportunity Size (Valuations), Focus,
References: Google(“paul graham”), Google(“guy kawasaki”)
Start-up which has these predictors in place and is at the ‘right time’ to join is extremely rare (think needle in the biggest haystack you have seen) . Consider it an opportunity of a lifetime .

Get the Startup State of mind
Why ?
So that you can startup next.
A new way of life – the right way
TAKE CONTROL and CREATE opportunities
What is the startup state of mind ?
GTD-WIT
Getting Things Done, Whatever It Takes.
If you try hard enough something’s gotta give.
Approaching people – everyone wants to help.

What is the best way to ‘Understand start-ups’ and learn the ‘Start-up way of life’
WORK AT A START-UP
Ref: Google (“paul graham”) or anyone who has done or been at a startup

Cobaan is the right place
Team :
Nishant Soni, IITG Computer Science, Trilogy Software, Drishti-soft ( another startup ), Cobaan
Amitabha Bagchi, Assistant Professor, IITD CS
Funding is in place
Focus:
Product Focus: High Impact, High Innovation, Research based
Singular Focus: We don’t do services, not now and never will.
Market:
US Only, Size of opportunity is big.
There is little reason to believe that Indian market can absorb innovation.

It is the right time to join cobaan. Co-founder Risk Reward High Risk High Reward Post-Angel Pre-Seed Post-Seed You are here ! Low Risk, Highest Reward Monetary Risk

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Why you should quit your job and join a startup.

by sonink on Dec 22, 2006

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Why you should quit your job and join a startup. — Presentation Transcript