Startup evolution – from idea to IPO in 10 really hard steps
1. Having an idea is easy (not a problem at all)
2. Creating a product is hard (development problem)
3. Creating an awesome product is even harder (execution problem)
4. Having people notice it is real hard (marketing problem)
5. Making people use it is very, very difficult (credibility problem)
6. Generating cash out of it is simply not doable (sales problem)
7. Generating money and being profitable consistently is impossible (business creation problem)
8. Having successful multiple product lines is you-must-be-out-of-your-mind (successful business creation problem)
9. Rejecting acquisition offers is way, way harder (because it is tempting and odds are that you will never reach till that stage)
10. Doing an IPO is the ultimate hardest but simply awesome
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2. November 2009 at 23:41
I do not think is can be put any simpler than that! Well said…
21. November 2009 at 08:20
Simple thoughts with deep insight.
31. December 2009 at 17:14
Dont waste time stressing your mind too much man ….brilliance comes as a matter of luck and not by trying hard …either you have it in you or you dont !! So if you are not getting any good ideas or internal passion just give it up …..focus on better things in life .