Who says startups are easy

9 thoughts on “Who says startups are easy”

  1. Clearly this is the meme of the month. I think your’s, Fred’s and Dave McClure’s view whilst seemingly at odds are all accurate. Audience size is up. Getting attention is harder and costs are down. I think the real issue is that it’s harder to get on the radar. As Chris Dixon mused – 10 million is the new 1 million.

    1. Sean

      I am making a simple point — have been for a year — just because it is easier to start a company doesn’t mean it is any easier to build a business and that isn’t going yo change and in fact become harder. So every decision has to be precise and well thought out.

  2. Agree entirely Om. I’m certainly seeing the challenge with my startup, Zarfo.com. We have been slowly building and learning from our members but starting web focused and without an iOS app has been detrimental to our consumer cause. We are pivoting to corporate/enterprise at the moment so we can continue staying relevant. We’re introducing subscription as well. It’s a tough time to launch a start up!

  3. While it may have never been harder to create an interent startup that Fred Wilson may be interested in funding, it’s never been easier for a business that has just started to tap into the resources the internet — that help make success possible.

  4. The start-up success stories may motivate you to quit your job and focus on your start up. My friend and I got together for a activity based social network, spent $100k, invested 2 years.. and all went kaput! The website could not just pick up. We had outsourced development to india. We reached out to all, Om, Naveen S, Fred W.. you name it, we sent an email requesting for feedback. We just failed and lost chunk of our savings, leave alone family being deprived of our time. Our lessons learned:
    – You have to be a programer and that too a good one. Technical knowledge is mandatory for the founders.
    – Your product has to change according to public response.
    – Avoid reading success stories on techcrunch etc etc, focus on your product product product.
    – Never ever think just because your idea is unique your product will be viral. Our idea is still unique but all the project plans have been recycled by Waste Management already!
    – There is no formula for a start up. It just clicks and spreads if the need is exponential.

    We are now back to our jobs and we know we will not invest or work in any start up again 🙁 not until we are 100% in control of the product. Good Luck to all!

    Rajiv

  5. This makes me wonder even more whether the importance of learning to code is lesser. Now since everybody can code, and building a product is extremely simple – the key differentiating skill is being able to build a business. Then, why this frenzy to learn to code?

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