2006 University of Colorado, Boulder , BS , Social Communication; Behavioral Psychology |
Entrepreneur
I want to change the world.
Pinterest, Airbnb, Foursquare, Dropbox
The hardest thing about entrepreneurship is that it's HARD. There is no stability, no guarantee, and no reward for doing the best you can. The more disruptive your scope of vision, the fewer roadmaps there are to guide you, and you're likely to fail a few times before you succeed. However, when your resilience and relentless determination finally wins out, there is no greater reward! Success in this industry is earned by gambling on yourself.
You can have the best startup in the world, but if people don't know about it, it doesn't matter. Founders can get so wrapped up in product dev that they forget to think about how they're going to generate awareness and get users. Having sharable content or a viral gamification component woven into your product is key to getting above the market noise. There's nothing worse than building an awesome product that never takes off, because no one knows about it.
1. Waiting too long to launch
2. Focusing on raising money (before you have traction)
3. Worrying about what your competitors are doing