If you are running a startup business, then it is likely that you don’t have a lot of money or a lot of time to waste on unnecessary marketing and sales efforts. It’s like being deep in the jungle when you are tired, hungry and only have 1 arrow left. You must select your target very, very carefully before you take your only shot.
John Gray’s book Men are from Mars has the subtitle ”The Classic Guide to Understanding the Opposite Sex”. To Entrepreneurs, VCs might as well be the opposite sex. Most entrepreneurs don’t really understand them very well.
What is it that really motivates you? What is it in your life that gives you energy and inspiration? What gets you up early in the morning or keeps you awake sleepless all night? Finding true inspiration is crucial for an entrepreneur.
What motives you as an entrepreneur? What is the real reason that you are willing to work long hours 7 days a week with low pay, few colleagues, no flashy benefits, no fancy office, no job security, and the constant risk of failure staring you right in the eyes? Are you crazy, reckless or just stupid?
Why do so many early-stage technology companies struggle? One reason is that they fall in love with their technology. Don’t fall in love with your technology. Fall in love with your market. Your market will last for many years. Technologies just come and go.
Being an entrepreneur is sometimes a curse. The demands are crazy and the effort required is nuts… But the rewards and benefits can be a blessing.
Something that all entrepreneurs will face sooner or later are setbacks, delays and rejection. It goes with the territory, yet one of the hardest things is keeping faith and energy in your project, regardless what comes your way. How do others do it? How do they keep their belief in spite of resistance?
An abnormally high percentage of entrepreneurs are dyslexics. Does the struggle that is required to overcome dyslexi prepare dyslexics to become great entrepreneurs? And if so, what are these traits?
Sometimes entrepreneurs have to kill their holy cow in order to succeed.
We all have 2 different minds. One is logical, the other is emotional and they don’t always agree with each other. Sometimes they will do whatever they can to sabotage each other. This can be useful for entrepreneurs.