Thursday, August 2, 2012

Present tense

It's been close to ten months starting up. Its been daunting to say the least. A few investors have pulled out, still awaiting the third one to respond but hopes are low. Ran out of cash and bankruptcy is starting right into my eyes. While we still chug on, I thought it would be good to document a few important lessons through a series of blogs which might be useful for fellow and would-be entrepreneurs.

I have been hibernating for a quite a while and here's a good reason to jump start, again.

From an investor's point of view, top 5 takeaways from my start up journey so far (will elaborate on each of these in later posts):

1. Your idea is the least important thing

2. Team is the most important factor

3. Execution strategy is critical

4. Non-linear growth strategy is a must

5. Your network and connections largely responsible to take you to the next level



No comments: