2. What is a Startup?
“A startup is a company working to solve a
problem where the solution is not obvious
and success is not guaranteed.”
Neil Blumenthal
cofounder and co-CEO of Warby Parker.
3. Common Misconceptions
➔ A Startup is a New Entrant to the market
➔ You have to quit your job to be in a startup
➔ There is perfect time to to begin
➔ You can’t do something because it exists
4. The “Startup” Culture
➔ It is not about getting rich
➔ There is no perfect time to begin
➔ The founding team is very important
5. ➔ Everyone won’t stick around
➔ Products don’t need to be perfect before
launching
➔ Failure doesn’t mean game over
➔ Once funded, the game is on
6. ➔ No compulsion to work for long hours
➔ Your assumptions are not correct
➔ External critics should not be ignored
➔ Competition can rise any time
7. Good Reads
➔ The Lean Startup - Eric Ries
➔ Start-up Sutra - Rohit Prasad
➔ The Founder’s Dilemmas
- Noam Wasserman