What’s your story? Whats your motivation to pursue a journey as hard as that of Entrepreneurship (or a so-termed startup in its truest sense)?
Entrepreneurship (or Starting up) is not cool and is not for everyone; it grinds, it gruels for long years, till you attain your celebrity tag, the hunted glory, pride and wished wealth. And you are going to compromise, trade many things for it along the way!
Wait, are you out their for the glory, fame, the money, for the love of what you do or can do? Well there are easier & better ways to fulfill all that, if so!
Then, do you wish to make a dent with your abilities and aspirations? And with what?
With the next millionth App/Site/Algorithm/Drone/Robot/Idea.. which is “Transnformational” or “will move the humanity forward”?
Lets be honest and re-think if truly your product/business can transform the sector/space or will be a super unicorn or your stuff will move the human race forward.
On the contrary, have you thought responsibly, it could be another me-too stunt, it could actually be adding to the digital clutter, which everyone (MBA assembly line, Engineers, Designers..) today, are contributing to, because of pure self-aspirations and over “sensational”ization of Entrepreneurship/Startups in the ecosystem (is Billionaire Tech Entrepreneurs list of recent times inspiring us?).
Lets not encourage the delusion that starting a company is something to be done by masses to get rich, be famous, to be one’s own boss, to give life to ideas/creativity or even to create jobs!
In the bigger picture, your potential and non-breakthrough ideas & innovations can be leveraged by the companies and projects which can actually transform, change the world and chances are they are struggling for smart talent like you! Alternatively, we could build individual enterprises (micro, small) or lifestyle businesses in masses, instead of hustling or endeavoring a me-too startup!
If we think, everyone is making a social impact by trying to build a mediocre or me-too business/company because that also will employ few hundreds or thousands of people, if at all, we are not so right if we look at the bigger picture, especially the side effects too.
And what’s the probability of making that happen (sub 1 %-ish in ‘x’ time) and is it worth the grind & side effects, and what if things jeopardize at some point, it does even after establishing a business and all this for the wrong reasons?
MSMEs are the real growth engine of an economy, globally, to the extent that in some nations their counterparts, the corporate contribute as low as one third to the economy! Shouldn’t we rather try building more micro-enterprises and small businesses, as citizens and employ few people (1:10 sort average ratio) which will thrive with more certainty fueled with passion, talent and creativity?
The point here is not certainly to discourage entrepreneurship/startups, rather to alert wishers & aspirants and the ecosystem (me-too-investors, investors, incubators, influencers, media, academia..) to not chant only the brighter side and success stories and mislead the generation.
We should be equally vocal about failures, disasters and so forth to keep the right balance. Over celebritization & sensationaliizng entrepreneurship is becoming a dangerous double-edged sword in the tech world!
Hopefully the above category visualization helps a bit in guiding us all, when/where/whom to support or encourage and if required be harsh to the rest for common good.
Do share your views and thoughts..