Start the f**k up

Its been long since you
first thought you will kick start your business one day

But you haven’t made much
progress yet. Have you?

Lets think about it. What
stands between you and that idea you have always wanted to own and execute?

Honestly it has to be
this silly little thing called ...

Uncertainty

Uncertainty Fear Insecurity Inaction Leads
to Leads to Leads to

Can I do something to
combat this?

Off course you can dumbass!

How do you counter uncertainty?
With ..

Clarity

Clarity Plan Confidence Action! Leads
to Leads to Leads to

Awesome! So where do I
start?

Start by putting it down
on a paper! (or OneNote or Evernote or whatever)

Just let out a big
raw heap of your thought process, concerns, USP, direct/indirect competitors, product design, sales process, blah blah blah on a blank sheet

Search the internet, read reports,
browse competitor’s website, if possible try out their service and keep writing things down for 1 week

Once you have connected a
bunch of ideas and value propositions, its time to carve out three essential building blocks of your plan from this thought graph.

● A pitch deck explaining
your idea ● Basic financial plan for your business ● Basic financial plan for yourself

The pitch deck

But wait, shouldn’t I just
jump in to code or build a prototype and launch the damn thing!

Sure, you could. If :
a. It only takes a few hours to build out the product b. You just want to put it out there, spread the word within your friends and active communities and hope to get lucky

But if you want to
methodically build a business, then your top priorities right now might be as follows

● Refine the pitch and
idea ● Find a co-founder or hire the first employee ● Excite and convince your friends to join you ● Figure out what the MVP would look like ● Raise funds, if required (I am a fan of bootstrapping)

So shortlist a bunch of
your smart friends and colleagues and prepare a hiring pitch which includes

● Problem you are trying
to solve ● How much impact (or money) could it potentially make ● What skill sets do you need on your team to move full throttle ● What do your team members stand to gain

Practice to tell your story
with a lot of conviction. Why do you feel motivated to solve this problem? Why have you chosen this fellow in particular to join you? Make it personal.

Word of warning: You are
probably going to sound stupid the first few times you articulate your idea (atleast I do), so chose your audience carefully

Financial plan for Business

Hey, I am still digesting
the ideas from previous slides!

Alright then! I will cover
the rest in a follow up presentation. You can follow me on Slideshare to get the update

Or get in touch via
Twitter (@vineet_markan) / LinkedIn (/in/vineetmarkan)

Go ahead do something amazing!
And dont forget to hit the Like button