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Tips to become a successful entrepreneur

11 pointsby cosmokover 17 years ago

3 comments

bayareaguyover 17 years ago
Here are the tips for people like me who skim YC comments before reading the article.<p>Tip #1: Don't worry about not being courageous enough for the uncertainty of the business world, as being an entrepreneur has nothing to do with courage.<p>Tip #2: Look for a big idea, and be rational.<p>Tip #3: Start small.<p>Tip #4: When faced with the fear of giving up a secure job, concentrate on the equally frightening possibility of someday looking back with regret.<p>Tip #5: Have a backup plan.
soninkover 17 years ago
afaik 1,2 and 5 need to be looked on with pure caution and might be an artifact of the kind of startup (consultancy, which works on contacts and is in general much easier than a product startup)the guy has done rather than a generic rule.<p>#1. It is hard and takes a lot of persistence<p>#2. The idea with which a startups starts out with rarely works out - so if its not going to work anyways why does it have to be big and there is little 'rationality' about the idea per se. I would go with guy kawasaki here - try to make meaning - build something useful and everything else will take care of itself.<p>#5 Having a backup plan is highly questionable. The only way you will get to fighting the devil is by burning the bridge which helps you cross over the deep sea.
hhmover 17 years ago
Tip #1 is a very interesting one...