Should you run a start-up and become an entrepreneur?
His Work / / December 26, 2019
During the meeting, entrepreneurs and investors, which was attended and such iconic figures as Ben Horowitz, Matt Kouler and Justin Rosenstein. A discussion of how will be the future of entrepreneurship in Silicon Valley. Including, and sounded different ideas about who should (or should not) become an entrepreneur in the IT field. If you have ever pondered the idea of creation and development of a startup - we advise you to read this post.
Let's start with the fact that you may well not be necessary to embark on the waves of business and run your own startup. Already in the ecosystem of Silicon Valley market is overheated: startups and entrepreneurs are already too many. Yes, many people think that you need more startups; but venture investors and experienced entrepreneurs think differently. And she and the other point of view - is a kind of extreme (and the same extreme promoted through the media, so that it is not surprising that not everyone can immediately see if they have an urgent need to become vital entrepreneur).
The first reason to still start your own business and run your IT project - it's your boundless enthusiasm for business, and the idea that you want to base it: You can see that the idea to translate only the beginning of their own business and by founding his own company (even if a few people). Passion and enthusiasm for the idea, and business - factors that are more important than expertise: Entrepreneurship - is a heavy work associated with the need to constantly deal with the challenges and difficulties that you will throw a life.
Believe in yourself and have to start a business, but making sure that you have sufficient knowledge and minimal resources to run. Best of all (and for you and for others) - if the project launches an existing team, which does not need to deteriorate for a long time. Yes, not everyone will be able to put right all the knowledge and experience; not all are able to optimize their investment of time and resources - but most still can implement such an approach, and therefore, suitable for the new business it is necessary from this point of view.
If you do not seek to maximize their contribution to the common cause, it is reasonable to assume that you optimize the living space and your personal preferences. By the way, freedom to choose their way of life and the pursuit of the most flexible schedule and work style - is also reason enough to try his hand in the field of entrepreneurship.
Even the desire to work only on one particular problem or only with certain people - a sufficient incentive for entrepreneurial activity. Maybe start your own company will give you the fullness of self-realization: instead of wasting your time of the search, which would you went, maybe just to create your own, where you all arranges?
IF YOU ARE decided to become an entrepreneur, there is a dark side. That's what should not be a motive to start their own entrepreneurial path: the desire to become himself the chief of a large company. Evernote CEO Phil Libin (Phil Libin) well formulated the negative side of this aspiration:
People succumb to the stereotype of the CEO of the company, saying that it is - the man at the top of the business pyramid, which gives all the orders. And some of this stereotype motivates; but in fact, everything looks different.
Here's how it happens in real life: you are not the head of all - everything you indicate what to do: your employees, customers, partners, customers, the media - it is your boss. Before I became CEO, I have never had so many people to whom I had to report.
The life of most CEOs - is the need to be accountable to all around; at least that is how most CEOs live kotoryya I know. If you love to command and enjoy the power over people, go into the army or become a politician. But do not become entrepreneurs for it.
Business and management own company sound like a luxury place. The media has become a real idol of many businesses, but it is - a colorful narrative, no more. In reality, the success stories of the big bosses are many years of work, of which you have no idea, even if also moving in the right direction selected.
Becoming an entrepreneur, you are sure that talented and that talent - the only thing that will help you maximize the financial return from its beginnings. Another misconception. In reality, even some 100-th in a row in the Facebook developer annually receives more money than 99% of entrepreneurs in Silicon Valley. If you have a cool talent, then you can easily identify a company with great potential for growth and relatively low risk - and then receive generous compensation from them, sitting on them work.
If the years will show that you are wrong in their assessment of what is happening, you can always try again. 2-3 attempts you will get a substantial amount of money for his work, and thus make a significant contribution to the valuable and important achievements that could affect the life of the planet. If you decide to launch a new Google or Facebook the second - you probably will not do anything, you will fail, and will be for many years to settle for a much smaller sums of income. Time that the success of that failure takes quite a lot, so do not delay with a choice: you have only a few attempts.
Yes, there is a corporation in which the staff are in a terrible cartoonBut there is, you know, and good company. work in one of these companies or self-employed; but not for anything in the world do not stay where the end of the working day you exhaust the soul.
Yes, this position sounds selfish. But the best entrepreneurs founded the best projects (or in extreme cases - become the best employees in good company). For enterprise are always besides personal gain there is also a macro-effect of the implementation of talent outside the narrow confines (as there is a micro-effect of unrealized possibilities and abilities). To become an entrepreneur is worth only if you are sure that aspire to this macro effect.
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