Re:The Six Phases of Bootstrapping A One-Man Startup
by jacquesm on Tuesday August 04, 2009 @06:45AM
(#740967)
Yes, that is the real lesson here. Your project can be dead long before you realize it so the only way to find out is to have a soundboard of critical people around you.
You have too much emotional bonding with your project at that stage to see clearly.
The problem is that plenty of people will isolate themselves from criticism and actively reaffirm their connections with people that tell them what they want to hear (if only because they don't want to lose their friendship).
Giving up on ideas that don't fly is probably an integral part of every successful entrepreneur.
Just like successful VCs will turn down almost all of the 'maybes' in order to be able to concentrate on the winners. Why go after the high hanging fruits first ? It simply makes no business sense.
You have too much emotional bonding with your project at that stage to see clearly.
The problem is that plenty of people will isolate themselves from criticism and actively reaffirm their connections with people that tell them what they want to hear (if only because they don't want to lose their friendship).
Giving up on ideas that don't fly is probably an integral part of every successful entrepreneur.
Just like successful VCs will turn down almost all of the 'maybes' in order to be able to concentrate on the winners. Why go after the high hanging fruits first ? It simply makes no business sense.