Use your advantages
When I went for Startup School 2010, Adam D'Angelo, the founder of
Quora, gave a talk about using your advantages. He cites some
examples:
- He used his engineering experience at Facebook to build scalable, powerful technology to power Quora
- He and Charlie Cheever, his co-founder at Quora, used their reputations from Facebook to seed the site with big name people from the valley, and to raise money
You can check out the full talk at
http://www.justin.tv/startupschool/b/272178681
(http://www.quora.com/Xianhang-Zhang/Startup-Advice-Strategy/Disregard-ideas-a...
titled "Disregard ideas, acquire assets". It talks about how many
successful businesses are built on the founders acquiring assets long
before they start their companies e.g. Joel Spolsky & Jeff Atwood
having huge readerships at their respective blogs, and leveraging that
to publicize Stack Overflow. He talks about how acquiring these assets
takes a long time, but that they can potentially become the reason why
your startup makes it. I used to tend to focus on my disadvantages. I focused on why I
couldn't do something--be it not having enough time, connections,
money. It's easy to find reasons (or excuses) to not be able to do
something. It's also easy to focus on why life sucks--too
much work, too little time. I think I've come a long way in being more
grateful for how fortunate I am. More importantly though, I've learned
to seek out my advantages and make the best use of them. The process starts with identifying your advantages, then thinking
about how you can use them in the best way possible. For example, when
you're in college, you have access to the college network, to
professors, to students. You can do a lot of things while you're in
college that will become a pain in the ass to do later in life. If the
founders of Facebook were not in college when they launched it, it
would have been much harder to acquire the initial user base at 1
college--you can't send out invites to an entire mailing list, you
don't have connections to the school newspaper, etc.
