So after ruffling around with our readings for this post, I realized they reminded me that startups are basically a rollercoaster ride of different motions.
When it comes to going through the motions, I am an individual who has ideas in her head daily and thinks it would be really cool if it were to come to life. Now that I’ve read things and attended this class; it scares me. (Haha.)
What I’m learning is that great things take time and when a team is involved, it doesn’t mean things will become easier because there is still as much work to be done than before.
One if the most stressful parts is that the product is simply trial-and-error. According to the blog post A Minimum Viable Product Is Not a Product, It’s a Process, “In a post-mortem of more than 100 startups, CB Insights found that the number one cause of startup failure (42% of the time) was “no market need.”
Nearly half of these startups spent months or even years building a product before they found out that they were wrong in their most central assumption: that someone was interested in that product in the first place.” That for me was huge because many have to realize that just because you or a group of people may like something, it doesn’t mean it is the right product to be successful. The hard thing would be to find out all your time and hard work went to waste because you didn’t find your (as it says in the blog) “smallest experiment” to test that assumption.
When it comes to work, in any aspect you have to work SMARTER not harder. I think a lot of things take a left turn when we think about them too much. Yes, a thoughtful execution is key, but we have to realize that there are going to be a million bumps in the road and you have to take it with a grain of salt and find the fun in what you are trying to create.
This TED Talk though!
I really enjoyed the Ted Talk with Joe Gebbia! At first, I was wondering where he was going with it, but as he went on I was blown away.
His explanation of how AirBnB was created was one of the simplest, yet impactful talks I’ve heard in a while. He talked about the struggle of getting it to where it is now and that they didn’t get it right the first time around.
Just to think that something as simple (yet dangerous in my opinion) as inviting a stranger to say in your living room on an air mattress could result in an actual friendship and successful business idea shows us that what we want to create is possible if we just work at it.
My favorite quote I took from this, as well as something I think sets the tone for life in general was: “Turning fear into fun is the gift of creativity”