Here are my views and perceptions, from the experience I had working, as only Tech guy to number of startups (Retortsoft, Softoria, Cybertech Networks).
The first and the foremost thing to start an org is t
- have an idea, now plan
- list what ever comes in mind
- ask questions to yourself.
- be self critic and self motivator
- make notes at every step
- what is the idea about
- how it can be beneficial
- are there any companies or startups have similar concept
- how different I am
- how efficient and valuable I can be
- study based on competitors
- where others failed
- where I can fail
- what is that I have today
- what is that I might need to get this idea into business
- whom to share with
- there is no definite answer to it.
- we have to trust, in one-self
- get connected to people in similar field
- get connected to people who are also looking for co-founders
- get connected to skill-set other than own-area
- share the idea and vision
- let the person in believe in you
- see how the other person can be helpful
- what are the areas you can contribute and others can.
- but sit hiding yourself, share the idea.
- fear of somebody stealing the idea
- it happens
- and it will happen
- dont let the fear stop you
- the person you shared the idea may run-away and start his own
- how long it will sustain
- if he is dedicated and follows the above to main points he might succeed
- but you in fear will never even move
- the idea is nothing unless taken into action
- and the action and pro activeness is what will convert into business
- what is the fear in the initial stage
- there have been many companies spawned out of people who were working there
- as the first point says it will happen
- never let yourself stop
- the stolen idea might be of 10points, and mostly it stays within that limit
- you been the owner of idea will have vision, you might go beyon that 10point which was shared.
- during the course of ideation itself you might know that idea might not work
- if you come to know the idea cannot be transformed into business?
- remember its again not lost effort, if it fails, come out of it.
- you learned the process, you were involved into bringing the idea now you can explore more new ideas and be more effective and strong
- your continuous effort and learning in any idea, will help to come up with different ideas and get connected with many new entrepreneurs.
- how should i work on my idea to a startup
- you need to have all the plan ready
- making an effort of putting a presentation itself will teach you a lot
- the presentation should consist of
- the idea and benefits
- the business model and its advantages
- how we go about it
- how to get the source data and who all are consumers
- what are the litigations involved
- what is the revenue generation model
- what is the effective time to start gaining profits
- what are the areas it can fail
- how will you take the failure
- if you are alone, what type of members you need to move it further.
- take to more people and get connected to some
- you never know if you are connecting to best one it comes with experience
- if you get slightest positiveness keep the relation, even if not co-founder
- its only people network which will help you
- a tech co-founder might even not know the required technology it requires, but that doesn't mean you cannot work with him.
- technology is changing every day, so once you have tech-cofounder get the proto-type ready
- the pro-types should be actually working model.
- we can explore on making it stable and saleable product.
- if it doesnt come out as expected and cannot move the ahead with planned vision
- change the idea, and re-work the whole process again
- by this time you have network, co-founder and environment
- so it wont be big trouble in launching another product then move ahead
- once the product has enough of good implementation, innovative ideas and standing out against the competitor
- rollout for getting funds
- remember again we need a proper presentation
- now instead of business model, it should be actual product
- and it should be capable of generating revenue.
- fear not for turning idea into startup
- fear not idea getting stolen
- fear not the failed idea, gone by, come back again and re-work
Here are few links which would keep your fear away, if you still fear get a job and wait, you need to have entrepreneur skills so as to not be layed-off..
- http://small-bizsense.com/10-famous-entrepreneurs-who-failed-in-business-before-becoming-successful/
- http://www.wikihow.com/Start-a-Small-Business
- http://www.lifehack.org/articles/work/start-up-mistakes-that-youre-probably-making.html
- http://yourstory.com/2015/08/startup-idea/
- https://www.entrepreneur.com/article/248802
