Swing For The Fences, Not The Low-Hanging Fruit

Disclaimer: The views in this post are my personal views and have nothing to do with my employer.

I am at TechCrunch Disrupt NY and it’s been a fun, inspiring, and exciting five days. The hackathon, battlefield, companies in the startup alley – it has been great.

However, I am seeing far too much of the same. Apps and sites that, at the core of their business, are simply about social experiences, sharing, aggregators, and more (and not necessarily better) ways of connecting with friends and strangers. I am not against this – there are some important problems to be solved in this space but they are few and you’re going to have a hard time discovering the hidden gem – more a matter of chance than of you applying your mind. What I am seeing more of are just evolutionary changes, deltas to the existing. An incremental use of an API here, a location there, a social graph.

We are in a time of computing where it’s almost cliche´ to talk about how the barrier to entry has been lowered. EC2, APIs, web frameworks, javascript libraries, real-time web technologies, mobile SDKs have all made web and mobile development very accessible, if not easier. In light of all these advances, I’d really love to see more startups and minds tackling the hard problems – bridging the virtual and physical worlds in meaningful ways, mining volumes of data to extract patterns, tools and products to make our lives much more efficient and productive.

Sole Founder

As a Sole Founder in my venture, I can attest that it is a ride full of some nice highs (those lovely times of great hope) and more than a few lows. The hardest part is of course that you have no one to share this journey with. A good co-founder is no doubt your best asset when starting a company but I suppose a patient and loving girlfriend or wife could easily fill those shoes in helping you stay sane and hopeful.

You will have many self-doubts, many anxious moments, times when self-doubt will make you lose sleep and question the fundamentals. There is no escape from this. What you need in times like these is singular belief in yourself and your work. You need to listen hard to that very faint, almost silent inner voice that tells you to power on and keep going. Nobody ever promised that it will be easy – far from it. Entrepreneurship in and of itself is chock full of manic highs and depressing lows. and you have just made it more difficult by being the only one in charge of this ship. But now that you’re the captain, you better put on that cap and answer to your call of duty. It is now solely your responsibility to see this ship through these early, choppy waters.

I haven’t quite figured it out myself. The learn-as-you-go model is my trusted friend.

What are lessons that you’ve learned?

Good Reads this week

If you want to be rich, first stop being so frightened
http://www.timesonline.co.uk/tol/news/article1084093.ece?print=yes&randnum=1246357554256

Epitaph for an Entrepreneur (Steve Blank)
http://steveblank.com/2009/06/18/epitaph-for-an-entrepreneur/

What Should I Do With My Life?
http://www.fastcompany.com/node/45909/print

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