I KNEW THAT I FAILED I WOULDN’T REGRET THAT, BUT I KNEW THE ONE THING I MIGHT REGRET IS NOT TRYING. – JEFF BEZOS, AMAZON
Starting a startup is a task where you can't always trust your instincts. Running your own business takes guts, assurance and an enduring passion for what you do. If you know nothing more than this, you may at least pause before making them. Before you kick start, always believe in yourself and focus on the subjects that matters to you the most. You can, however, trust your instincts about people. The most common mistakes young Entrepreneurs make is not to do that enough. They do get involved with people who seem exciting, but about whom they feel some misgivings personally. Later when a thing goes wrong then they say "We knew there was something wrong about him, but we ignored it because he seemed so impressive."
This is one case where it pays to be self-indulgent. Work with people you genuinely like, and you have known long enough to be sure – “CHOOSE THE RIGHT PARTNERS”
You need an expertise to give you advice that surprises you.
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Passion may be what attracts you to your new startup, commitment is what keeps you going. Commitment are shown in the conscious effort you make to stay on track or in the decisions; you make each day to do the things that needs to be done, even if they are boring or difficult. Learning new and latest ideas is an art that one could acquire with passion. A passionate learners will always know the current demand of the society, which you could make him aware of the scenario.
Fit your attention into the type that startup ideas:
· Get Innovative Ideas
· Learn a lot about things that matters you and society
· Work on problems that interest you
· Work with individuals you like and respect
The way to succeed in a startup is not to be an expert on startups, but to be an expert on your customers and the problem you're solving for them. Choose the right partners who could give you innovative ideas, and make sure they are sustainable. This expertise should be able to guide you through all phases of the growth of your business. A comprehensive approach should be taken at any situation during the business process and importantly the outcome for the approach is essential.
Commitment is the fuel that keeps the engine turning over for the long haul. The entrepreneurial journey is a tough one. When you combine your spirit with commitment, and allow your passion to inspire you, the result is one of the hallmarks of successful entrepreneurs.
The way to come up with good startup ideas is to take a step back. Instead of making a conscious effort to think of startup ideas, turn your mind into the type that startup ideas form in without any conscious effort. In fact, so unconsciously that you don't even realize at first that they're startup ideas.
Young Entrepreneurs' first instinct on starting a startup is to try to figure out the tricks for winning at this new game. Since fundraising appears to be the measure of success for startups, they always want to know what the tricks are for investors. The best way to satisfy investors is to make a startup that's actually doing well, meaning growing fast.
Depending on how wrecked the company is you can succeed by lapping up to the right people, giving the impression of productivity, and so on. Startups are as impersonal as physics. You have to make something people want, and you prosper only to the extent you do.
At its best, starting a startup is merely a mysterious motive for curiosity. And you'll do it best if you introduce the ulterior motive toward the end of the process.
So for young entrepreneurs, who would like to start a startup remember to boiled down to two words: JUST LEARN – “Paul Graham, Entrepreneur”