What kind of support do startup owners need?
I am interested in whether you feel you have enough support around you as you build your startup. If you could add more support around you, what would it look like? Social, technical, financial?
For me it would be:
- more regular contact with people that are going through the same issues (social)
- access to experts I can talk with (as opposed to reading articles online)
- some way to be accountable for the work I am doing (so I can't get away with procrasinating!)
What's on your wish list?
3 Answers
Marketing
Marketing
Marketing
Marketing
Marketing
That's it :)
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on second thought i liked your answer much better than mine... :) – Frank 13 years ago
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Yep. When the marketing is working, everything else is much easier!! – Susan Jones 13 years ago
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Maybe marketing isn't the real answer, the answer is sales. Marketing does drive that though, so it's close enough! Having comptent people who understand the sales cycle and can identify qualified buyers can really help focus your time on people who will really buy. – Travis 13 years ago
I think every good startup needs a coach. A mentor, or someone that will drive you to work your tail off when the going gets tough. Being in business for yourself is not for everyone. You can make a good income working for others, and not much income is required to have a very comfortable lifestyle.
Someone who wants to own their own company should do it for far more than working for themselves, or "financial freedom". The infomercials selling you on the benefits of being your own boss only serve to satisfy the emotion of most people hating their job or boss.
As a startup expect to work twice as hard as a regular job, stress three times as much, and probably spend 100% more real time (real time versus goofing around on facebook at work).
My advise is to find someone to support you emotionally. Someone that motivates you. If you played sports you understand the true value of a coach is not to call plays, but to keep up the morale. Its tough with startups because first, real entrepreneurs are rare, and second most dont have time to focus on your business when they have their own to run.
Still you can find great support in: a former teacher, family, your spouse, employees, the right partners, and possibly others in the start-up boat.
Whenever I start a new company, i mentally prepare myself for the challenges it will bring, and when things get frustrating, i know to take a quick break, go for a run, and get myself motivated again.
Using the sienfeld calendar is another plus, and using excel to track your financial goals. (finances are how you measure the success of most projects). Last, teach yourself to respectfully hate your competition. Much like a basketball team, hate them because you are playing against them, but realize that at the end its all a game.
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I agree Franky. I find a lot of first time entrepreneurs don't realise they need a coach and don't know what they don't know. I think that lack of knowledge and mentoring is what makes business risky for newbies. – Susan Jones 13 years ago
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What's the Sienfeld calendar? – Susan Jones 13 years ago
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http://lifehacker.com/281626/jerry-seinfelds-productivity-secret – Frank 13 years ago
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Hi! Maybe you can answer here aswell: http://www.brightjourney.com/q/certain-description-person-delivers-emotional-support-well-brings-competence – Zurechtweiser 11 years ago
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I've found mentors and coaches are willing to spend a small amount of time (30m/week, etc.) but honestly a lot of entrepreneurs think they've got it all figured out so I'm learning to keep my mouth shut unless someone asks for help/opinion, etc. so, if you need a mentor, etc. just ask around and demonstrate that you are looking to learn and value their input (even when they are critical). – Clay Nichols 10 years ago
As a married man and with kids, the support I need and that I get from my wife is tremendous. So, to me at least, family support is the most important kind of support for anyone working in a startup.
Also, support from early adopters and actual clients is critical to the success of any startup.
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Absolutely. I know I couldn't do it without the support of my partner – Susan Jones 13 years ago
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My experience with women is that they demand more than they give. It's them who want support. It's them who want to be loved. I have a hard time relating to "My wife gives me support". Please elaborate more what you mean by that. Maybe you can also answer here: http://www.brightjourney.com/q/certain-description-person-delivers-emotional-support-well-brings-competence – Zurechtweiser 11 years ago
