It’s going to take five years - six words that can save your startup
blog.opportunitycloud.com
blog.opportunitycloud.com
Thanks for pointing this out.
Everything in a bootstrapped startup takes longer than you want. This for me was and is a constant frustration. It's another reason that having a cofounder is mandatory in my mind. It's a rare person who has the wherewithal to go it alone.
What's usually the biggest mental hurdle for hackers to transition into entrepreneurs?
pg: Coming to terms with the effort required.
A lot of people dedicate themselves to one project, but I liken it to putting all one's eggs in one basket. It doesn't take much to build something quick and see if anyone is interested. If they aren't, move on to something else.
You never know when someone might come along who is the missing piece in one of your projects.
A lot of that stuff can happen in parallel with development on the site, but it's always nice to have a few other projects to work on to make that Calendar Time tick by a little faster.
Something I read a while back said "sleeping on it helps." If you're only working on one thing, then you may be spinning wheels that your brain can do itself when given the right amount of time to evaluate or even discover all the options.
Another reason I can do this is a lack of demands from a timeline. A lot of project die simply because there wasn't enough time to let them evolve or find a market or they were "ahead of their time." That's fine, just be patient and work on something else. If it's a VC backed idea, that's not an option. You can't tell investors, "Hey we're just going to wait right here and see what happens..." But often times that's really the best route to success.
I honestly can't imagine a worse scenario for me, with the particular type of brain plague that I have, so I'd love to hear about them as they are completed (or even as they near completion.)
And sincerely, good luck on all fronts.
Depends entirely of your definition of "enough". If anyone pays you only 1$ within 3 months of putting up a "Buy Now" button somewhere, you're onto something --- now grow it if and only if that "something" is what you can bear doing for the next few years to come.
I feel that most great ideas revolve around a very simple idea. If this simple idea proves itself in a microcosm and this microcosm is a good example of what goes on all around the world, then that's a good sign.
On the other hand, if you're building feature after feature after feature and just not seeing the core idea catch on, then perhaps it's time to pivot.
I think the other thing that entrepreneurs should keep in mind is that while you will need to work hard to succeed, don't neglect your family/friends/health. Success will take time and if you neglect these things, you'll either crash before you succeed or end up in a bad spot.
Assuming you work twenty hours a week, which is an assumption he should explicitly state, rather than stealing it (uncited) from Malcolm Gladwell.
EDIT: edited the OP, added explicit reference to Gladwell. Thanks for pointing that out.
Anyway, putting a number on expertise is purely an academic exercise. The important thing is that it clearly will take a huge effort and "talent" is only a small part of it. The rest is inspiration and transpiration.
The exceptions are, of course, those areas where there are aren't strong diminishing returns (rare...maybe memorization?) or where there is a ceiling on skill (e.g. tic-tac-toe). In those cases, expertise comes with more and less time, respectively.
I agree with persistence but it seems to me that versatility, self awareness and team Chemistry would be more beneficial that attempting to "become an expert"