Deciding to start a startup

• Vital Traits:

  • Resilience
  • Engaging
  • Synergistic

• Preparation:

  • Find: Idea & Co-founder
  • Repeat: Communication & iteration of the idea
  • Create: A product that resonates with some than insignificant to a billion

• Why not to start?

  • Irrelevant components:
    • Age/Experience
    • Smartness
    • Business-savviness
    • Regimental
  • Relevant components:
    • Determination
    • Fearless
    • Partnered
    • Independent

• Before the startup

  • Counterintuitive: Consider partners' advice, even if it seems counterintuitive.
  • Expertise: Understand your users and solve their problems, and not in be an expert on startups.
  • Game: Don't look for a trick. Make something that people want, and you will succeed only to the extent that you do.
  • All-Consuming: Starting a startup will engulf your life in ways you can't fathom, and if it thrives, that engulfment will persist for an extended duration.
  • Idea: Allow startup ideas to form organically in your mind without conscious awareness.
  • Try: If you're absolutely terrified of launching a startup, it's wise to reconsider. But if you're merely unsure and curious, the only way to dispel doubts is through action.

"Starting a startup is like a brutally fast depth-first search."

• Sam Altman

Ref.: Module 1, (YC Startup School)[https://www.startupschool.org]