I recently wrote an article on The Change Blog where I talked about conquering fear of entrepreneurship through facts–in other words, rather than baselessly fearing entrepreneurship (“zomg I think my entrepreneurial idea will fail, waaaahhh!” and giving up before you even started); assessing what you do know, figuring out what you need to learn, and do something to execute.
In the article, I told my story of going from a new guy in a new town in May 2012 (Hartford, CT), knowing no one, and having nothing but an idea scribbled on a yellow legal pad, to being President of a tech venture working with 5 programmers (we’re currently developing the software and testing with users) in the course 3 months.
My success so far might sound like magic to some (“he must have been really smart. He must have had great social skills to meet all those people!”).
But nothing could be further from complete bullshit than categorizing my results as “luck”…
…it came because I acted, and actively sought to learn things I didn’t know, such as:
1. How to recruit passionate, quality programmers (without paying some shady freelancer a bucketload of money).
2. How to assess good (and bad) business ideas (I’ll give you a hint: it’s not by listening to your intutition or sitting in a dark room brainstorming ideas).
3. Why business ideas don’t matter that much at first, and what actually does (I used to think coming up with a great business idea out of the chute was the most important thing, and I didn’t pursue entrepreneurship for years because I couldn’t “come up with a good idea”).
4. How to get a crapload of startup work done without spending more than a few bucks here and there (bootstrapping).
5. And most importantly, how to plan my time and efforts to minimize money spent and maximize results (see how sucking at planning almost destroyed my ventures).
But we already know that our fears are unjustified.
I think that, deep-down, we always call our own bluff…we’re scared, and that makes us angry…angry to think “if only I actually had the confidence to try to start my own company, I could at least say I tried”.