Thursday, April 30, 2009

Building a Successful Start-up is About Context

I read a couple of interesting articles today on tips from a failed entrepreneur and how to bootstrap a company by a venture guy - which seems a bit of an oxymoron. Or is it moron?

Either way, they got me thinking. Both are right and yet they lack something. And I think that something is context. You see entrepreneurs today all too often fail because they lack context. They either lack domain expertise or a broad understanding of the process by which to build a particular company at a specific point in time.

What are the exact steps required, what are the do's and don'ts, which tools are required and how do you know which is the right decision at any one point in time. Check Innov@te's blog. They seem to have some ideas. And remember it's all about context. Surround yourself with those that can provide context and you stand a chance.

No comments: