Cracking the Startup Enigma

Posted by admin at April 11, 2014

You just have to bite the bullet and fail!

I have read books and articles on getting started on a business but in-depth research with no action it implementation always gave a certain [feeling of empty-ness and confusion]. Flipping through pages upon pages of different methods, most them personalised to suit the writer, some one-time remedies that worked under certain circumstances, the opportunities the writer was able to have the location they grew up in, their drive, individual personalities and mentalities etc. Despite all these differences, there is a constant trend access every entrepreneur story. They ventured. [They tried.] The stuck their heads out into the dangerous dark, and reached for a change.

The secret to the business enigma is just to do it. And fail. To become an expert in failing. Now my definition of an expert, is an individual who can go from problem to solution in very little time. Time is the major factor here.

To become an expert in failing means you have to look for solutions to a problem seeing failure as a part of the solution refinery. To fail expertly, you learn the process to creating a solution quickly and try to reach the next stumbling block to success in the shortest possible time. It means reapeating and refining a business strategy, documenting and understanding root causes of all failures encountered in you solutions design process.

To give an example, you start a business and you run out of initial funds. Failure. To a rookie business person, this will seem a major stumbling block to success as he is faced with a brand new challenge to raise more money. This might even mean to shut down or halt business as usual. Wasted time. A seasoned failure expert, on the other hand, will have a recorded history of experiences. This log of experiences will enable him plan better to shorten the time spent on this failure by foreseeing it, and pre-solving it before the stage in the business arrives, thereby completely saving the time reserved for the additional fund generation, encountered by the rookie.

Learning from failure experiences, developing and implementing better plans that take into consideration, these failures and having the courage to re do the entire process again, I think is the key to success.

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