Your 1st venture? Are you waiting for the right idea/team/conditions?

In the 5th grade of my Hindi class, I learned this:

जिन खोजा तिन पाइया, गहरे पानी पैठ

जौ बौरां डूबन डरा, रहा किनारे बैठ

It’s a popular saying recited by many and written originally by the famous Indian poet, Kabir. My own translation reads:

Unless you jump, the oysters are found deep.

Continue to wait on the sidelines, busy counting sheep.

Entrepreneurship is risk free, as Sameer wrote in a popular post a while ago. No point waiting for the right idea or the right time, or the right set of market conditions. The ideal time is for analysts to conjure the future which already exists in an entrepreneur’s eyes. Bike rusting on the shore Unless you write a manuscript and revise it multiple times and get rejected by at least 5 publishers–how can you write one of India’s best-selling book? Unless 20 VCs label your ideas as stupid, how can the 21st get it funded?

Unless you take the plunge, you would never know, what you are doing is right. Planning is required–Accumulating a small buffer to support your personal life is a good idea. But, being a wannabe entrepreneur forever kills your self-esteem slowly.

A lot of entrepreneurs wait for the right team, right set of market conditions and getting validated by the investors before starting them. If you are an ecommerce upstart in India, would you start right now and run a few experiments or wait until the big guys have already muscled into the market.

Team is you, when you start; people follow you when you have jumped. Unless you put your everything into chopping block, no body else would. Product is what you create the demand for, idea is the seed, consumers often do not know what they want. Of course, market conditions are never right. If it were right, you’ll have to worry about competition rather than creating products.

Unless you fail in your first venture, how would you do the second one which may turn out be OK and then the third one which may turn out be a success. You don’t have to give it much of a thought if this is your 1st venture. You learn from the mistakes and plan better in the next one. For this one, you just have one option–Jump and try collecting the oysters, at least you’ll find fish.

The pic is of a bicycle rusting on a sea shore.

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  • Lot of people do not find the right team and hence don't start, but guess they should still take the plunge and then maybe people will follow.

    • indus

      Yup. A team comes when they know that a founder is ready to jump or already has jumped. If one can find the team before, it's good.

  • SantoshP

    Yesterday i stumbled upon your blog and have been glued to it. Nice picture too / so relevant … how did you find it ?!! :).
    I have two suggestions here to improve the reader experience.
    1. After finishing reading i was looking for the date of posting and i couldn’t find. Then i scrolled up and found it. Do you think putting the posted date at the top and bottom of the post is a better idea?
    2. One more thing, may be its my personal opinion but displaying “Tags” removes the premium feeling. How about displaying no tags or only one tag per blog? For example the tags here are entrepreneurship, India, kabir, startups. I am never going to click on india (or) kabir. For the rest two tags, (entrepreneurship, startups) these are very generic so i will not click on them too.

    • 1. The date is there coz of the theme, the date shows on the main page on top but not on the individual page. Time permitting, may tinker with the theme

      2. Tag overload, maybe? Per your suggestion my latest post has only one tag. Like it?

    • santosh patra

      wow you iterate like anything, thanks for taking the suggestions seriously. People don’t like it as i am straight forward sometimes….
      well here are two more silly problems i faced.
      1. I have to scrolllllll a lot when reading your blog. page width can increase? (I am using firefox now.)
      2. I want to go back page by page and read the stuff, for example yesterday i read four pages by clicking on go back and today i want to go to that page in a single click. like clicking on the page number displayed as a link..:)