So you want to be an Entrepreneur?
Lately you have been reading lot of VC blogs, following them on Twitter and obsessing about how you make your startup lean. You spend hours debugging Erlang code, debating why Vi is better than Emacs on StackOverflow. And you code, sip some caffeine, code again… You work like one hell of a code monkey 17hrs a day, 7 days a week and things just work fine for you. But why am I discussing this here? And whats the point? Infact what wrong with this scenario?
Well for one its a Big Ball of Mud. So lets think about whats the most-likely outcome? Six months down the line you have little money, one burned out brain and lots of frustration. And you go back to your Ivory Tower, doing what you do best — talk,code and idolize. Till day it still confuses me, why are people lured by successes than be wary of tons of failures? People often underestimate the risks involved in doing a start-up, even worse when they have liabilities on them. I am by now way wanting to demean young entrepreneurial spirits like myself, however the following needs to be interpreted in right manner
- Burn your ships!: Doesn’t mean quit your day job to work on iPhone App right away, start putting debt on credit card, distant yourself from your social circle. The way I interpret it as — Don’t do half-baked stuff. Understand your financial capacity,means and figure out how much rocket fuel do you have. Plan wisely for contingency, if possible have a Plan D/Plan Z. Communicate with your friends and family. Then if things permit, go ahead give that two weeks notice and get choppin.
- But I read X on Y’s blog: If this is some one’s argument call it a BS and move on. Can you live a life by reading a manual that somebody has written? Similarly you cannot be in exact same situations, reasoning based on similar set of assumptions. Question everything and figure out why is a piece of advice relevant to you. Accepting some one’s advice citing you inexperience is also unacceptable. I think its anti-entrepreneurial if you do it. Take risks, if necessary fail — this failure will be a worthy teacher. USE YOUR OWN HEAD.
- Be yourself: There is absolutely no difference between being stupid and being arrogant. What I mean by this is, you might be missing on a great opportunity to learn new skill, meet a great personality and be part of change that happen every day in your life. Be open to change, specifically for skills that you lack. Be honest about it, ask for help if needed. And most important, respect others.
- Culture matters, thats why I am going to run my Startup like X: Never hire some one who begins every other sentence with at Lalaland we did…. You are not working at that place anymore, neither should you try and replicate the culture. Every place is unique, each company has its own soul.
I think its important to highlight importance of teamwork, and guts to compete. But I will have a separate posts for it. There is an exception for every rule.









