The Art of War for Startups: Who are you and who are your enemies?

25
@pango

Transcript of The Art of War for Startups: Who are you and who are your enemies?

@pango

You fight enemies… … & you might die

If you know the enemy and know yourself, you need not fear the result of a hundred battles.

If you know yourself but not the enemy, for every victory gained you will also suffer a defeat.

If you know neither the enemy nor yourself, you will succumb in every battle.

POOR SKILLS

POOR ATTITUDE

POOR EXPERIENCE

POOR TEAM WORK

…you build your product

…or Scale up

Source: http://patterbuzz.com/2015/03/down-but-not-out/; http://www.bizjournals.com/boston/blog/startups/2015/03/funding-woes-cause-subscription-based-fashion.html;

Before …

vs.

vs.

vs.

vs.

POOR PRODUCT WEAK TEAM NO CASH LEFT

LEGAL SYSTEMCOMPETITION

ENTREPRENEURSHIP MEANS PAIN WHY TAKE ALL THE PAIN?

YOU NEED A STRONG WHY, A STRONG REASON TO KEEP YOU GOING

Solving a big problem? Money? Freedom? Adventure?

You will be different Not following the rat race

You will be left behindMake less money

Take a hit on career

Are you at inner peace with yourself?

Startup is not a sprint… … it is a marathon

Everything will take longer… You will fail many times…

Do you have the patience

and perseverance?

Work 24x7

Miss family

Self-doubt

Crushed dreams

Depression

Loneliness

Eat junk

StressLive frugal

Face mental torture

Do you have a high pain

tolerance?

STRONG SENSE OF WHY INNER PEACE

PATIENCE PAIN TOLERANCE

Are you cut to be an entrepreneur? Do you have the qualities to be an entrepreneur?

Current entrepreneurs: How did you prepare for this war?

Future entrepreneurs: How are you preparing for this war?

More real-life entrepreneur stories at http://howtopreparetostartup.wordpress.com/

Join conversation at Twitter @pango