points before you startup your journey of entrepreneurship Amit Goel December 27, 2015 Entrepreneurship , Product Management , startup before building startup , before starting up , Entrepreneur , Entrepreneurship , india , indian media , indian startups , leap of faith , product management , startup , startup ecosystem So, you are thinking of starting up. You have been toying with many ideas for past so many months. You have been.
worry about your idea getting stolen. If it was that great, somebody is already building it up. If it is not that great, you don’t need to work on it anyway. Once you are sure that everything you thought of seems to give a good picture, take the next step. Get your home in order When I say home, I literally mean it. Talk to your parents, wife, kids, girlfriend, boyfriend, siblings.
reading about startups getting funded every now and then. You have been following startup founders and investors on twitter. You have been to startup events which has fed into your brain that if you are not starting up on your own, you are a fool. And yes, you feel that your job sucks… Things to consider before starting up your own company if any of the above is true, then do read.
this article before taking the leap of faith. Starting up is easy. It just needs one to have a good enough idea and quit the job. But executing it to convert it into real product and running a company is damn hard. What no one tells you is the hardship any founder has faced before and after raising funding. Let me give just 5 most important tips to consider before you decide.
to quit your job. Having an idea is good but researching it beforehand is most important If you are getting an idea of solving any particular problem, there are at least one hundred other people who already have thought about it. At least fifty of them are planning to build it. About ten of are preparing for it. About five are already building it. And lastly, there is at least one guy.
who has already done it somewhere in the world. So, if you are thinking you have a USP (Unique selling proposition) , you are wrong. Do yourself a favour. First google different keywords you’ll use to market your idea. Make a list of results and do a competitive landscape for direct and indirect competitors. Talk to a minimum of 50 experts (not including your friends and family) and collect feedback. Do not.
worry about your idea getting stolen. If it was that great, somebody is already building it up. If it is not that great, you don’t need to work on it anyway. Once you are sure that everything you thought of seems to give a good picture, take the next step. Get your home in order When I say home, I literally mean it. Talk to your parents, wife, kids, girlfriend, boyfriend, siblings.
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