Lessons of entrepreneurship

in #money7 years ago
  • Software will conquer the world
    He also added that the software will change and give a new form to the competitive advantage in virtually every industry on the planet.

Therefore, if you are planning to create your own startup, first of all you need to ask yourself the question: "Where can I find an excellent programmer?".

The laws of business entrepreneurship are as follows: in order to become a successful leader and keep the company on top, you need to be ready for work 24/7, passing through fire, water and copper pipes. That's why you just have to adore your work, having an incredible passion for it.

If not, then you can not survive the cruel times, big obstacles and problems that allow you to create a real business. Passion for work is the strongest motivator for entrepreneurs.

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  • One is not a warrior in the field
    The technology world is full of stories and stories about the strong relationships between the founders of the companies - Jobs and Wozniak, Brin and Page.

You may think that it's possible to create a start-up alone, believing in this way to avoid disputes and misunderstandings. But business is too complicated a sphere in which it is necessary to generate a huge number of ideas, to seek support in difficult times. Gather a team of like-minded people and change the world.

  • First of all you need to think about money
    Most startups fail not because of a lack of ideas, but because of a lack of money and illiterate financial management. In the 21st century, many leaders are very young people who believe that they are all on the shoulder, and that one certainty is enough for great success.

Remember this formula: founders + venture capital = startup.

Money ends not unexpectedly, but because the leader ceases to plan funds and is trying to take on several projects at once.

  • We need a ready project
    Nobody guarantees success and financial injections even if you have a ready project, but in this case the chances are much greater.

While you did not take up hard work and did not create a product, your chances are zero. A product or at least its concept is a big step forward. You will be more trusted.