Never Hire Your Friends or Family at Your Startup

As a founder of a startup company, entrepreneurs know the challenges involved in growing the startup. Things might look rosy from the outside, but founders know that they are on thin ice. Even if your startup has survived for a few years, you are always in constant threat of the business failing.┬áMarket changes, competition, government regulation updates, changes in the management team and many more threats are just around the corner ready to kill your startup. However, friends and family see you differently. As soon as you have a startup with an office and more than five employees, people see …

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Your Startup is Your Plan A. Have no Plan B.

Almost every startup founder goes through a phase of uncertainty. 95% of the businesses fail in the long run. When you are six months to one year down your startup, you will face a period where you think that all this might not work. And you will start thinking about a plan B. What if the startup fails? The tricky part here is that, your business is more likely to fail if you have a plan B. Entrepreneurship can be very hard and taxing for the founder. Entrepreneurship demands time, money and energy. Even if the startup is working well …

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Start Something Early. Start Today

My blog gets more than 50,000 new visitors a month. I sell my marketing courses to 1000s of students. I have a team of around 10 people. We work out of a cozy office in Bangalore. And the future looks better than ever. The growth is exciting. If I had a chance to look at myself in the present situation 5 years back, I wouldn’t have believed it. Just like it is hard for me now to believe that I might run a company with 1000+ employees 10 years later. May be one day I will run a large organization, …

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Be Genuinely Excited about Technology and the Future

If you want to succeed as an entrepreneur, you need a genuine excitement for the technology and the future. If you are in the tech business, you have to love technology. Most people in the tech business have no problem with falling in love with technology. But even if you are not in the tech business, you should not shy away from technology. Human life is far more exciting and comfortable than most other species because we are good with technology. Every piece of technology that we have invented has made our life easier. Language, printing press, radio, transportation, electricity, …

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Learn to Feel all Your Emotions on a Deep Level

Entrepreneurship is the toughest sport that I know of. Most of the sports demand a certain aspect of you. Some sport demands you to pay your full attention, some sports pure creativity, some demand your speed and some your stamina. Entrepreneurship demands all of you, nothing left behind. When entrepreneurs succeed, people call them risk takers, courageous and fearless. Media portrays a very superficial image of entrepreneurs and that leads most people to believe that they have to be fearless. People who have not been entrepreneurs, and people who never will be have very wrong notions about entrepreneurship. This false …

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