Startup Classroom: If you are ready to live this life for a few years then only in startup

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Business Stratup Classroom: We all have heard the stories of startups, have seen the founders going from floor to floor, the discussions of their luxury life are seen in all the newspapers and TV news. Worth crores of rupees, houses, cars, lots of publicity, what do not you get, the success for which people spend their lives, some founders get that position in just a few years.

All these things excite all of us, give us the courage to think that all this is possible, if we can do this, we can also do it, and it is also true, what other people can do, why not you and us? can do. Is this just the whole truth, no… There are two sides to every coin, so let’s talk about some of the parts of the startup world that founders have to live through.

financial problem

There is such a problem that almost every founder goes through, sometimes you live without salary for months, and even years, while working we all get used to a fixed income, which stops as soon as we enter the business. All the money goes into the startup and the expenses remain the same. Such financial problems start coming, and when there is no money in the pocket, the brain stops working, you think stop everything today and go back to the job, CIBIL score down, credit card dues, customers The call of more than one collection agent is enough to disturb your mental balance.

sometimes happy sometimes sad

Seeing this title, the film must have been remembered, but in reality the life of the founder of the startup is no less filmy, in the roller coaster life, someday in the morning it seems that today everything is going to be wonderful, the client has agreed, and Till evening it seems that why nothing is going well in our life. And this sometimes goes on for many years. Well, don’t worry, the line going up and down in the monitor of the ICU ward shows that you are alive.

breakdown of expectations

I often keep saying in my talks that if you have made a list that you will get the support of these people in my business, then even 10 percent of them will be useful to you, then consider yourself lucky, in the beginning we often use this list. Mistakes are made while making, it is not their fault that they are not working for you, but in the beginning, people are often a little far from reality in startups. Many times even family members do not support you, people question your decisions, someone will say that you were having such a good life and started a business, then someone will make you feel down by saying that every day thousands of startups Opens and closes. It is a bit bitter, one has to listen to these things.

almost certain to fail

We all have heard somewhere that only 95% of startups can see their second year, imagine how difficult it would be to get into the first 5%, and by the second and third year, this percentage becomes even less. Those who are shining in success today have also failed many times somewhere, we all do, and usually everyone fails in their first startup. So be ready, you have to be strong because after that those people get confidence in their words who keep saying that thousands of startups open and close everyday. Your preparation to face failure will make you look more spectacular when you succeed.

But.. it does not mean that there are only stories of failures and upsets, behind every successful person in the world there are thousands of unsuccessful attempts, anyway it is better to sit in the stadium and clap for others than the ground Come and play, what if you fail, you will be called a player and will be returning from the stadium along with other players. So don’t inform about these things at all, you just get into the field, just be prepared about the other side of the coin. You will also get courage and will have more fun.

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