What do you want to learn from a startup owner?
Added on 2019-10-08
14 Pages4125 Words337 Views
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ContentsPart A...........................................................................................................................................................3Introduction.............................................................................................................................................3A positive outlook at the dilemmas of career took him to the new height.............................................4As a startup owner, one has to check the equations of the Pre-founding...............................................5The Billon Dollar business plan to cover the entire business operations.................................................6Handling Team Dynamism is an important task......................................................................................7Think of a reward in the terms of your input...........................................................................................8Findings on a conclusive note..................................................................................................................9Part B.........................................................................................................................................................10My Journey in the current Module........................................................................................................10It should be out of the Box, however, it should be inside the room..................................................10How I see myself as CEO a big stake company or a smaller unit........................................................10My Choice as a Solo or Team founder...............................................................................................11My experience in the game of Co-founding.......................................................................................11My position on the founder’s card....................................................................................................11Discovery and vision Card..................................................................................................................12Core Concepts and the Set of Skills should play like a symphony......................................................12Conclusion of the reflection...............................................................................................................12References.................................................................................................................................................132
Part A IntroductionAn instant message on a messenger, a video chat or an electronic mail, most of us cannot think about a life without them. Many economists believe that these instant means of communications can also be considered as the spark plug of fourth industrial revolution[ CITATION Gid16 \l 1033 ]. Now in 2017, we look back at them then looks like a confidence building measures for a new digital society, which was all set to jump to the next levels of the processes where things were going to take a new twist. An old saying in the corridors of the business suggests that Pioneers are losers. It is true to a great extent because in most of the cases they end up in creating a platform for the people where others can thrive well and move ahead. Prior to 1996, Electronic E-mail was a privilege for rich and famous, it was confined to the big shots and big industrial houses only. Telecommunication was a congested space at that point of time, it was the time when the president of USA and president of USSR were connected with a Hotline, and it was a dedicated line designed for international calls between two heads of the state. Now we are living in a worldwhere a toddler can connect himself or herself with another toddler with the help of a video chat and talk endlessly without paying a bomb for it. It all started with the efforts of Sabeer Bhatia an entrepreneur who launched first ever web-based E-mail service for general masses.Check out the details of the victory and points where one can lose it comes out. While attempting this particular assignment we are also doing the same thing, we are looking at the success story of entrepreneur Sabeer Bhatia from the point of view of the dilemmas of a person trying his luck with a startup venture. 3
Author Jessica Livingston captured this journey of Sabeer Bhatia in an interview which ispublished in her book “Founders at work.” In the current assignment we are recapturing the journey of Sabeer Bhatia with the help of this first- hand account we will try to figure out the journey of an average entrepreneur and put it in the framework of Noam Wasserman. A positive outlook at the dilemmas of career took him to the new heightFrom a simple IT solution developer to the owner of an entity purchased by Microsoft, it was a fairytale journey for Sabeer Bhatia. In his own words, he never was an entrepreneur or someone who should have been awarded heavy adjectives. He was a simple developer of the solution with a different vision to cater to the needs of the masses. His first job switch took place when his senior left the apple company to initiate a startup firm. It was a task driven journey for him, he was supporting a small team and they were happy. When his senior left the company to join another startup, then for the first time Sabeer Bhatia realized that how long the things would go like this. The anecdote behind the origination of the idea of Hotmail also talks about his dilemma when he realized that he is not having an independent email Id and every person in this world should have one. In the beginning, it was the dilemma of pursuing a career that came in his way, just like everybody else he also moved to a team, followed the footsteps of his senior, however, he took the right decision by changing lanes when he realized that he has no future in this. At that point of time going for a startup business was a big deal, it was a big risk because the current proliferation of the internet was not in sight. In the current world going out for a startup based endeavor can be a better option in comparison with the routine jobs because we are aware that technology is changing at the rate of ten years and skill sets developed by an individual may go obsolete [ CITATION Dav122 \l 1033 ]. The formation of a startup also gives you this opportunity to 4
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