I’ve been noticing a pattern with questions I’ve been getting.
Keep in mind these are mainly students or professionals who recently entered the professional world.
Everyone says they want to start something of their own, but they don’t know exactly what their end goal is. I usually smile or laugh because I as well don’t know what next year will look like for me, let alone my end goal.
Too many people have this idea that they have this calling. They know they want to build a company (at least that’s what they think). They believe there is this million-dollar idea that’s going to all of a sudden be hand written to them by the man upstairs himself. Don’t worry, I thought the same thing.
However, let me offer my new opinion - that doesn’t exist. The idea is important, but execution is the name of the game.
Companies like Dropbox, Instagram and Airbnb – even though wildly successful, took many twists and turns before their path to fame.
Any successful entrepreneur will tell you – it’s a process and its hard work.
Fall in love with it now because it’s a long journey.
I would try to focus on answering some simple questions before committing to any major decisions.
Such as, am I providing a real solution to an important problem? Is there even a need for my product/service? Talk to various people and get tons of feedback.
Any road you go down will require testing a hypothesis, getting feedback, adjusting, measuring, and iterating.
We all know that most first time businesses fail – however, if you are miserably obsessed with execution, the lessons learned will be abundant and worth it.
Thank you for reading.