Anand Nataraj

I’ve seen many highly energized people who approach me with their business ideas asking to review their idea or for investment… Most of these people who approached me said they were meeting more people with their ideas for more than six months… When I asked the reason for their wait;

 

• Some said they had family commitments to fulfill and hence they can’t quit their job.
• Some said they work to gain experience which would be helpful when they start a business.
• Some said they are waiting for proper timing (Some said market is at itz high and waiting for correction & some said it is recession).
• Some say they don’t have enough capital to start a company.

 

There were many more reasons which sound crazy… Though I respect their reason be it genuine or not. I can’t buy their reason for delaying their entrepreneurial ambitions because;

 

• Mr.Narayanamurthy founder of Infosys had a family (Wife & 2 children) when he started Infosys. Commitments are man made and we have control over our commitments and we have to plan and control our commitments to bring out other desire.
• Job experience and business experience are different ball game and when one starts a business at any point of time (with or without experience) they have to come across challenges.
• Timings can’t be timed because when market is on a high note there will be business but costs are high and when there is a recession costs are low but business will be poor. Always there is no right time to start a business or to put it optimistically every time is right time to start a business.
• Always one need not have capital to start a company. There are many ways to bootstrap and one must read success stories how they bootstrapped in they their early days.

 

I personally didn’t have much job experience when I took up entrepreneurship but today I gained much knowledge and experience which is required by an entrepreneur. But my friends who started business with 8 years of job experience are overcoming the same challenges which I came across.

 

One more thing which I want to tell every striving or wanna be entrepreneurs is “Start something immediately” only then you will create a focus and can find your path. Until then it will be a chicken and egg story…

 

Let me end this blog with this note;

 

• Ship is always safe in the shores but it is not built for that.
• Start small Think big Work on quick iterations.

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Dedicated this week's column to our wonderful friends and family: Launch a Business on the Cheap: 3 Tips http://t.co/dDde097B via @Inc Sat, 11 Feb 2012 18:30:16 +0000

Entrepreneur Journeys: Bootstrapping: Weapon Of Mass Reconstruction (Volume 2): In a world battered by economic ... http://t.co/5dSry9cL Sat, 11 Feb 2012 18:15:25 +0000

My issue with grids/bootstrapping is that I don't like storing grid info/column size in my view. Sat, 11 Feb 2012 18:13:50 +0000

@hawaiicharity OMG we are moving along - looking epic, but still trying to sort our backend. Hard when bootstrapping! But we're closer 2beta Sat, 11 Feb 2012 17:49:39 +0000

hah - nice! http://t.co/aue6W99Y RT @dukelong: http://t.co/74QWRzVA taking over the world #cre Sat, 11 Feb 2012 17:46:42 +0000

RT @AfterWorkHours: Launch a Business on the Cheap: 3 Tips http://t.co/42IgAQ2t Sat, 11 Feb 2012 17:33:51 +0000

VOTE thumbs up please!! Bootstrapping Passionate Teams | SessionCast http://t.co/wn2TOTFD #SessionCast via @thetechweek Sat, 11 Feb 2012 17:08:01 +0000

<A great framework> Bootstrapping Humanity's Next OS. http://t.co/MineBe8x #assnchat Sat, 11 Feb 2012 16:58:00 +0000

RT @seclectech: http://t.co/7PhiZUMJ Blogged: Bootstrapping #lxc on #ec2 with #python Boto, Paramiko, and #chef Sat, 11 Feb 2012 16:56:00 +0000

Let me rephrase that; would you be interested in a mini conference about bootstrapping your business featuring speakers who done so? Sat, 11 Feb 2012 16:45:40 +0000

@GRIMACHU Correct, but we were discussing abiogenesis when you changed the subject to 'evolutionary bootstrapping.' I figured you gave up. Sat, 11 Feb 2012 16:39:04 +0000

Launch a Business on the Cheap: 3 Tips http://t.co/CZtA0tjn via @Inc Sat, 11 Feb 2012 16:17:23 +0000

Launch a Business on the Cheap: 3 Tips http://t.co/42IgAQ2t Sat, 11 Feb 2012 16:16:03 +0000

Launch a Business on the Cheap: 3 Tips http://t.co/QeBFiNyQ Sat, 11 Feb 2012 16:11:29 +0000

Blogs

Bootstrapping Humanity's Next OS « emergent by design
As George Pór points out, there are a zillion nodes busy federating and bootstrapping, among them the Management Innovation Exchange Venessa already listed here under her Resources. A posting on the MIX: Announcing ...
5 Steps To Bootstrapping Your PR Efforts | SEOmoz
Bootstrapping. I've written in the past about how to bootstrap your PR efforts, but never really dug into the nitty gritty. It's a time intensive process, but if you're up for the challenge, getting coverage in some of the top outlets in ...
Last Resort: New TV Drama About Bootstrapping Sovereignty « Let ...
Last Resort: New TV Drama About Bootstrapping Sovereignty. February 10, 2012. by Mike Gibson · Heh: The ABC drama is about a renegade crew of a nuclear submarine who go on the run after defying an order given under suspicious ...
Bootstrapping FTW!
Bootstrapping FTW! by Fig on February 7, 2012. “On a blog I go on, I notice a lot of people complaining that what they have isn't enough. A woman making nearly five times what I do whined that it wasn't enough and if only she had a little more.

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R Benson Evans www.businessinsider.com bootstrapping 's link The crowd-funding site seems to be going from strength to strength.

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Oren Montano www.washingtonpost.com bootstrapping 's link On the eve of the 203rd anniversary of Charles Darwin’s birthday, lawmakers in at least four states are taking steps to hinder the teaching of evolution in public schools, while other bills would do the same without naming evolution outright.

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George Alexandrov sessioncast.techweek.com bootstrapping 's link Entrepreneurs always talk about boostrapping financially. But how do startups bootstrap the human capital when they are first starting off?

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