In this paper, we are going to answer this question: why don’t people launch their own start-up? Almost whoever entered start-ups, preferred it to a regular job and the wealth of them became rich. So, why don’t other people like to do this? Most of the people don’t know what they want and it’s normal! If you are a programmer and you hesitate to start your own start-up, be aware there are so many other people out there who have the same feeling as you. Google founders were vacillating, even founders of yahoo were the same. We may say successful start-ups have been launched by people who were not sure. Generally, there are some reasons for this feeling which some are absurd and some are reasonable. We are going to go through the reasons. To overcome the uncertainty, we should analyze them.
Being too young
Most of the people believe that they are too young to launch a start-up, of course, some are really young. This is based on the global average age of start-up founders which is 27. So, a third of them are so young. There are some exceptions, Sam Altman, who started his start-up when he was only 19 and he became successful. There is a reason why we call people “adults” when they pass a significant limit. Usually, this limit is 21.
For realizing whether a person has become an adult or not, there are some tests. Another way to consider someone as an adult is their reaction when they face a challenge. A childish behavior toward a challenge is wanting to be acknowledged. Although there are adults who act like a child!
Formerly, we believed you must at least work in a company and then start your own start-up, but there are successful cases who have launched their start-up without any experience of working in a company. Kiko is a good example of this one. Its founders launched it without any experience but they faced lots of problems. In fact, all the challenges and obstacles make you experienced. Maybe if Kiko’s founders have decided to work in companies like Google or Microsoft, they would still be a junior programmer.
We advise you to start your start-up, right after you graduated from college. Your failures make you achieve your goals sooner than working in a regular company.
Not being determined enough
You may hear that you should be so determined to start your start-up but you shouldn’t underestimate yourself. Some founders became more determined when they ran their start-ups. How can we say you are determined enough? Maybe the more you are driven to your work, the more determined you are.
Not being smart enough
Running a start-up doesn’t need that much intelligence. In some cases, you must be good at math but running other types of companies requires your effort. If it’s about selling the products, your effort comes first.
Not having enough information about business
This one is one of the factors which is not important at all. To run a start-up, you don’t have to be a business expert but your focus on product is the key point. You have to realize what people need and then produce it. If you pass this level successfully, then you have to find a way to make money out of this product. It’s not that hard and you can get it through the process. When people and users like your product you can make money but if they don’t, even the best business model won’t save you.
Not having co-founder
Not having a cofounder is a serious problem because handling a start-up lonely is a tough job. So we advise you to look for a cofounder. If you couldn’t find anyone or no one was enthusiastic to work with you, change your idea in a way that others love to work with you.
University and college are the best opportunities to find your cofounder. After college time, you barely can find your cofounder, because most of your classmates are married or already hired in some positions.
Conferences are also places to find your cofounder but you can’t say whether a person is suitable as your cofounder without having a chance to work with him or her. So we recommend you not to lose your chances!