The past two weeks have been the busiest I’ve experienced. Well, no wonder: I’m launching a startup. Hadn’t expected it to be any different.
And as I am doing my work, including among other things constant research and networking I ran across Dave McClure’s blog post titled “Why NOT to do a Startup — becuz yer Gonna FAIL. (spend more time with your kids)“.
It’s got McClure’s presentation on the topic from the Seattle Startup Day. I watched it twice, and tested myself on the question of to do or not to do, or: why am I really doing it?
Here’s the presentation:
so why am I “doing” a startup (and planning the next one, or two)?
1- My correct reasons:
Because I am pissed whenever I approach online shopping
Because I have to solve some problems there
and yes, some fear is fueling my drive for this startup (and a lot of fear regarding the next one)
2- The unreasonable:
I live in a nice apartment, raise 3 happy kids and a hubby, and am a trained, professional, multi tasker: I have to be, because I always look beyond and watch for the wider contexts.
3- I’ve re-written the business plan so many times, to a point where I’d let the product and the customers interact with the business plan to make it true and dynamic as a good business plan should be.
4- My idea is GREAT! But I haven’t settled for my own view about it. I tested it on a wide variety of contacts, some less closer then others. Most comments are “Are you sure this wheel hasn’t been invented yet?” and “Let me in!”.
5- The idea was born as an awesome solution for the shoppers. But I was constantly aware of the fact, that if sellers interests aren’t met there will be no value in this solution. As I recruited my co-founder, a seller among other things, I’ve discovered this in fact solves a real problem for sellers too.
6- Leader or a looser? I must be some sort of a leader, if so many people recognize me in events or venues and contact me to help them solve their problems or answer their questions. I’m always happy to help, open to discuss anything and eager to learn from everyone.
7- My pitch is short and to the point. I don’t need a presentation (though our video clip is really cool!). I hope I’ll raise money to get out of bootstrapping and to -…
8-Recruit a full team!
Between us, the two co-founders we’re a tech, brand and GUI expert, and an international marketing, communications, social networking and biz dev. But to make it work we’ll need a full team of experts, each a master of his or her area.
9- Hopefully we will be able to establish a company based on care and generosity. It’s all about the people. First and foremost. People make the company, and not vice versa.
10- Can I sell or market? Marketing and communications strategies are my forte. Yet, even within marketing, you need the help of experts. No one can be an expert in everything. Recognizing this, and not trying to be a “know it all” is one of the keys to a successful startup. At least from my experience.
11- Oh YES! I want to change the world. Step by Step. Some steps will make more noise then the others. I fear this is only my beginning, because once you’ve liberated the startup bug, ideas will keep flowing.