I had the opportunity to be a startup twice in my life. My first one started as early as a student and the second was with eight years of entrepreneurial experience. I just wanted to compare how it makes a difference and how I felt on both occasions. So here is a small comparison chart;
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First Startup Experience |
Second Startup Experience |
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Lack of experience, focus & investment. |
More experience, focus & reasonable investment. |
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Trust levels are low among stake holders. |
Trust levels are high among stake holders. |
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Company & Personal costs are low. |
Company & Personal costs are High. |
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Fluctuations in motivation are High. |
At times motivations levels fluctuates. But experience shows how to overcome it. |
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Fear of failure is less because there is not point to prove. |
Fear of failure is high because people expectation is high because of past success. |
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Problem solving was poor. |
Experience has improved problem solving skills. |
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Over all it is interesting to be a startup second time also I might think my piece of cake is being like a Serial Entrepreneur so that I always have the excitement of being a Startup. Anyway let me enjoy my second stint of being a startup and run the show until I loose my motivation.
AnandNataraj 