Adventures of a First Time Entrepreneur – The Plunge
January 28, 2013 § Leave a comment
I recently decided to take the plunge and start a company – it’s something I’ve been wanting to do for awhile, so I figured, if not now, then when? Someone recently asked me how I could give up the comforts and security of a paycheck and what possesses someone to start a company. I think there are a couple of answers to this. Certainly, there are people who are in it for “fame,” whatever that even means. And there are even others that are in it for money. But most of us – or at least most startup entrepreneurs that I come across – are in it because we want to work on something that excites us, that we believe in, and that solves a problem.
For me, I always knew I wanted to work on a product that users loved, and build a company that’s focused on the team and culture. I just wasn’t sure what exactly I wanted to solve because every few days I’d come up with something different – and something new would excite me (blame it on my designer mindset). I knew the right problem for me to work on when I couldn’t stop thinking about it – when everything else just seemed less exciting – and the existing solutions people were using for this problem were incredibly ad hoc. After a few months of constantly thinking about it and thinking about how I could solve it, I figured that this was what I should work on. I became obsessed. It was all I could think about, dream about, breathe about. I turned down offers (nice 6-figure ones) and security for risk and instability. But I’m okay with risk – and money isn’t a motivating factor for living life. I don’t care about brands/labels (I mean, I shop at Urban Outfitters and Target..), I don’t care about driving a fancy car, and it’s more important for me to constantly be progressing in life.
Will I fail? Maybe. Will I succeed? Well that’s the goal..Photo Cred: Flickr user: Hankplank