Do you ever get ideas for a startup that you would like to create?
You know, the kind of inspirational strike where the mind starts racing and you can’t seem to write your thoughts down fast enough.
Man, I love that initial phase.
However, if you are like me, then comes the next stage where you return to reality and deal with self limiting thoughts and the fear of failure. Typical negativity might include:
- How can I possibly get this monstrous idea off the ground?
- I don’t have the time and maybe I’ll get to it in six months.
- People who launch successful startups are all well connected and live in Palo Alto, New York, or Washington D.C. (Not saying that’s the case it’s just one of my crazy recurring, negative thoughts.)
I’ve recently gone through the first two stages (euphoria and fear) and at present I am moving on to hopefully making my latest startup dream a reality.
If you are in the fear stage, or dealing with thoughts of self doubt, read this article in the NY Times, For Web’s New Wave, Sharing Details Is the Point, which mentions that Blippy recently secured $11 million from venture capitalists.
Nothing against Blippy at all, but if they can get funded and off the ground, then so can YOU and I!
Do you know how to take your startup idea out of the thought &
dream phase and into the viable action plan, tangible goal, and launch stage?
Neither do I, really.
However, most recently I’ve been thinking a lot about small business and the social media space. Specifically, how the whole experience can be improved for busy small business owners as the field progresses over the next 10 to 20 years.
And my recent startup thoughts have centered around creating a venture that focuses solely on developing applications which can help small business owners with social media.
The sticky point, I’ve never launched a for profit online startup venture (we did Train for Humanity but that was non profit) before and have lots of questions. Pretty much, I need to know everything from seeking funding to hiring programmers.
I don’t know how far I am going to get with my latest entrepreneurial idea but I plan to detail all of my steps here. During the next week, my immediate goal will be to contact some already successful startup folks and to seek their input. With their permission, when I have their advice I will post it here.
My other goals for the coming few weeks are:
- Create a loose business plan.
- Register domain name(s).
- Continue to post helpful small business articles here and at ProBlogger to grow my audience.
- Consciously take everything one day at a time, but also to try to make small
steps everyday towards the completion of this project.
Some questions for you:
- When you are thinking about launching a company or new project, what are your first steps?
- How do you find programmers?
- When you are seeking funding do you just go with a concept or do you need a prototype?
- What is the best way to approach potential investors?
- Do you have any resources that you would recommend I check out or people I should talk to?
Please let me know your thoughts below.