4 ms·

All good and sound advice. But Nr.2 I don't understand. Why is pivot'ing not good?

by toadi 16y ago

askar 16y ago
I think what @anujkk meant was not to get distracted with side projects, learning projects etc. I think you can spend a little time on learning projects and that justifies the ROI in terms of time but I think he is primarily talking about the other distracting smaller projects.
anujkk 16y ago
Everything you do in your startup should lead to your primary goal and not distract you from that. Small, related projects or activities that can somehow help you make progress in your main startup idea isn't a bad thing. What happens is that if someone joins your startup and he is more interested in earning money than the implementation of idea itself, he will try to convince you that your idea is going nowhere and you should put it on hold for sometime, may be for a year or two and do some other things like consultancy, web design etc. to earn money. Thing is that you will get dragged into other unrelated activities(that you don't enjoy doing) and will waste the time you should be utilizing to work on your primary project. In this case, your and your partner's objective aren't aligned. Such people tend to switch projects too often as they want quick money. You will find yourself switching from project A to project B to project C and it all will be a big mess. After a year or two you will realize that you have failed in all of those, your partner isn't interested in continuing anymore and you are at same place where you started, all alone. Thats why point no. 2 - Get a cofounder who is "genuinely interested" in your idea. Make sure his goals and your goals are aligned. For example, "I want to develop an X web application that will help Y users in doing Z tasks and which will be profitable after 18 months of launch" and "I want to develop software to earn some money as early as possible. It can be your idea or any other depending on the availability of clients and opportunity." aren't goals that are aligned with each other. Edit: A related link - http://www.startuplessonslearned.com/2009/06/pivot-dont-jump-to-new-vision.html http://www.startuplessonslearned.com/2009/06/pivot-dont-jump...
- deleted 16y ago
  [deleted]

All good and sound advice. But Nr.2 I don't understand. Why is pivot'ing not good?

by toadi 16y ago

All good and sound advice. But Nr.2 I don't understand. Why is pivot'ing not good?

askar 16y ago

I think what @anujkk meant was not to get distracted with side projects, learning projects etc. I think you can spend a little time on learning projects and that justifies the ROI in terms of time but I think he is primarily talking about the other distracting smaller projects.

anujkk 16y ago

Everything you do in your startup should lead to your primary goal and not distract you from that. Small, related projects or activities that can somehow help you make progress in your main startup idea isn't a bad thing. What happens is that if someone joins your startup and he is more interested in earning money than the implementation of idea itself, he will try to convince you that your idea is going nowhere and you should put it on hold for sometime, may be for a year or two and do some other things like consultancy, web design etc. to earn money. Thing is that you will get dragged into other unrelated activities(that you don't enjoy doing) and will waste the time you should be utilizing to work on your primary project. In this case, your and your partner's objective aren't aligned. Such people tend to switch projects too often as they want quick money. You will find yourself switching from project A to project B to project C and it all will be a big mess. After a year or two you will realize that you have failed in all of those, your partner isn't interested in continuing anymore and you are at same place where you started, all alone. Thats why point no. 2 - Get a cofounder who is "genuinely interested" in your idea. Make sure his goals and your goals are aligned. For example, "I want to develop an X web application that will help Y users in doing Z tasks and which will be profitable after 18 months of launch" and "I want to develop software to earn some money as early as possible. It can be your idea or any other depending on the availability of clients and opportunity." aren't goals that are aligned with each other. Edit: A related link - http://www.startuplessonslearned.com/2009/06/pivot-dont-jump-to-new-vision.html http://www.startuplessonslearned.com/2009/06/pivot-dont-jump...

deleted 16y ago
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