So we all have had those random meetings with our friends after watching movies such as Social Network, Guru, or Jobs — where we cribbed about our work and environment, and thought of starting our own ventures.
The next day we went back to our daily routine, placating ourselves that “we would have taken the plunge, if only …. (Please fill your favorite excuse here).
Since childhood, we are programmed by our family to be risk-averse. We pile-up as many degrees as we can, from the best institutes we can go to, join the companies where we can have stable careers, and then screw our personal life to excel in our career. Why? Because it gives us a fixed monthly income, to which are pegged all our as well as our family members’ dreams. And the earth might stop rotating, if that fixed family income is gone.
In this post, I will discuss some of the high-frequency excuses that are given by people, who never take the risk to follow their dreams.
I am waiting for the next Billion $$$ Business Model
Believe me this is a myth. No business model is flawless on day one, even after reaching a scale your business model still cannot be flawless.
Second, a good business model is always dynamic, with lots of pivots. It is always perfected over time, with experiences and market conditions.