Friday, July 21, 2017

Failed #5

Okay I failed, I left Delhi, a good paying job and came to Kolkata to start something of my own, to create something but I failed bad. It was not okay and comfortable to accept that I failed, but the reality is I did.
Now what?

From last 10 days I was drowning in my own darkness and heavily low in energy. I don't know what to do now and what to do next! Completely feeling lost somewhere. Talking to near by people and friends is only helping me cope up with the situation.

What are the points which led to this failure:
  • I thought I would be able to start this thing but I was wrong and then I remember that one should never try to start a company all by itself, he or she needs more than one co-founder to keep the enthusiasm level high. 
  • Moreover before starting up I should have done a ground study and research properly, I don't know how to conduct that as well.
  • Checking whether the idea will work or not? conducting surveys and getting feedback from the potential users that whether they will be willing to pay for it or not.
  • Is there any already working model (i.e. competitors). If so then that will validate that there is already a market for it, but now I should have looked that what they are offering and how they are offering? Might be my way would be incorrect.
  • Location - yes it matter a lot because the mentality of the people depends as well, sometimes the community is not ready for that kind of product or service, hence one needs to identify where it will work. One can even solve this problem by educating the community about the product and services, spreading awareness about it, but the choice is always on the others hand whether to buy it or not.
  • Hope - perseverance, I have less patience i.e. it would help me to go for a long run. An empire can't be built in one day, it takes time. I get fragile and impatient. I still haven't found a way how to fix this problem in me and figure out the process/ steps to follow to achieve where I want to reach.
Collectively all this has resulted in my failing, but at the end the major question is: Have I given up?

Saturday, July 1, 2017

Starting-up and learning on ideation phase

Even 1 new registration fills so much of encouragement in me. When I open the form link to check how many has been registered yet, if the number remains the same as the last one then it really hurts some where, but if the number rises, then the encouragement and excitement gets multiplied with the increased number count.

Now this is dealing with a venture, when you start something there is a huge anxiety which we have and that thing spikes when there is a positive thing happening in the process. Now what to do when there isn't any positive happening and more drastically if there is a negative happening, then how you are going to deal with the your mind and fight with your anxiety.

First stop the thought because they are not going to help you anyway - meditate or best do a yoga.
Second instead of thinking useless thoughts, you need to brainstorm, now if you choose to do that in your mind box then it is of no use. Brainstorming should be in reality, not abstract. Take out a pen and paper, or white board and marker, start with writing there. Use colors (different color pens or markers), sticky notes like stuff. Don't represent your idea in a black and white fashion.

This brainstorming will help you think through the hurdles and sketch out what you may do next, hence in a separate paper list to-dos out of it.
Now, finding out how much time will it require to complete it. This is called effort estimation.
Last part, sequencing - until and unless you don't sequence it, how will you know what to do first and then after. You will be directionless.

Will soon post some image to this showing sample on how brainstorming looks like.. ;-)


Goals - long term vs short term rewards

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