Of late, a lot of friends and acquaintances have contacted me wanting to know about the ups and downs of a startup journey. What they are actually interested in knowing is whether it would be worth for them to leave their well-paying jobs and take the High Risk Uncertain Reward path of starting their own venture.
One common thing I find among the people who contact me regarding this information assimilation is that most of them express dissatisfaction with the donkey work that they have to undergo for the first 29 days of the month to make the 30th day have a say. For what it’s worth, I can totally relate to what my friends are going through.
The idea of becoming an entrepreneur in majority of such cases thus stems from an innocent but flirtatious thought of adding a few colours to this monotone workday and working on one’s own ideas. But the caveat is that no one seems to be sure as to whether the plunge would be worth the risk.
If this sounds like you, let us discuss first things first before we move on to the risks.
When it comes to adding zing to a workday, start-ups are as interesting as it gets – when you are starting up, the typical monotonous day ceases to exist. Each day comes with a new set of promises and newer challenges, the going gets excitingly creative and involves lots and lots of hard work. You get to meet a lot of inherently different and learnedly cool people, and in between you get to be involved in creative designing, developing, testing and innovative thinking.
But, that’s the bright and chubby part which all of us look forward to from our perceptions ingrained in our subconscious minds through movies like the Social Network and Pirates of the Silicon Valley. But before entrenching on the other side of this green grass, let us walk through one of the most widely used, albeit misinterpreted quotes that I have heard from people taking the entrepreneurial plunge without thinking it through –