Entrepreneurship!! Whose piece of cake?


I’ve seen many highly energized people who approach me with their business ideas asking to review their idea or for investment… Most of these people who approached me said they were meeting more people with their ideas for more than six months… When I asked the reason for their wait;

 

  • Some said they had family commitments to fulfill and hence they can’t quit their job.
  • Some said they work to gain experience which would be helpful when they start a business.
  • Some said they are waiting for proper timing (Some said market is at itz high and waiting for correction & some said it is recession).
  • Some say they don’t have enough capital to start a company.

 

There were many more reasons which sound crazy… Though I respect their reason be it genuine or not. I can’t buy their reason for delaying their entrepreneurial ambitions because;

 

  • Mr.Narayanamurthy founder of Infosys had a family (Wife & 2 children) when he started Infosys. Commitments are man made and we have control over our commitments and we have to plan and control our commitments to bring out other desire.
  • Job experience and business experience are different ball game and when one starts a business at any point of time (with or without experience) they have to come across challenges.
  • Timings can’t be timed because when market is on a high note there will be business but costs are high and when there is a recession costs are low but business will be poor. Always there is no right time to start a business or to put it optimistically every time is right time to start a business.
  • Always one need not have capital to start a company. There are many ways to bootstrap and one must read success stories how they bootstrapped in they their early days.

 

I personally didn’t have much job experience when I took up entrepreneurship but today I gained much knowledge and experience which is required by an entrepreneur. But my friends who started business with 8 years of job experience are overcoming the same challenges which I came across.

 

One more thing which I want to tell every striving or wanna be entrepreneurs is “Start something immediately” only then you will create a focus and can find your path. Until then it will be a chicken and egg story…

 

Let me end this blog with this note;

 

  • Ship is always safe in the shores but it is not built for that.
  • Start small Think big Work on quick iterations.

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