Starting a business is very hard. In a matter of 24 hours your emotions can range from thinking that your business will be the next Google, to thinking how moronic you were for even contemplating the idea in the first place.
In order to start a successful business, I believe you need two components above all else.
1. A Team
Collective knowledge is more powerful than any one individual. But I believe Eric Schmidt puts it best:
“How should you behave? Well, do things in a group. Don’t do things by yourself. Groups are stronger, groups are faster. None of us is as smart as all of us…..” – Eric Schmidt, CEO Google.
2. The Entrepreneurial Snowball Effect
Beyond having a team, you need a group of people that can feed off of each other. People that together, build continual momentum regardless of the challenges by feeding motivation to and from others in the group. If one person starts some momentum, others can build and build upon it until slowly, that once “idea” begins to grow into reality.
From my experiences, most people have great ideas but fail to see the execution through all the way. And the few that do see execution through quickly stop at the sight of any real obstacles (I’ve been guilty of both in the past).
If your lucky enough to find the right team with an entrepreneurial snowball effect, take your idea and just build something.
![Reblog this post [with Zemanta]](https://img.zemanta.com/reblog_b.png?x-id=71da18b7-9859-4278-b759-64b1e60aaeb4)
We just recently started our company and I feel we'll soon reach the snowball effect. Our traffic is currently building slowly and slowly, but I hope to soon push it to a tipping point where it starts growing exponentially.
Just stumbled and submitted your site to Viralogy. Hope you get some great traffic from it!
– Jun
Jun,
Congrats on your business and pysched to hear that you're gaining some
nice traction with your new business.
As long as you keep moving the “ball” forward, you should be alright.
Thanks for the note and submission to virology.
Jun,
Congrats on your business and pysched to hear that you're gaining some
nice traction with your new business.
As long as you keep moving the “ball” forward, you should be alright.
Thanks for the note and submission to virology.
UGG
UGG sale
Cheap UGG Boots
Discount UGG Boots
Authentic UGG Boots
Genuine UGG Boots
Origianl UGG Boots
Women's Ugg
Men's Ugg
UGG Australia
UGG Store
UGG Official Store
UGG Shop
UGG Online Store
UGG Boots
UGG Boot
UGG Sandal
UGG Sandals
UGG Slipper
UGG Slippers
UGG Classic Cardy
UGG Classic Crochet
UGG Classic Mini
UGG Classic Short
UGG Classic Tall
UGG Nightfall
UGG Ultra Short
UGG Ultra Tall
UGG Tasmina
UGG Amelie Suede
UGG Gypsy Sandal
Ugg Matala Sandal
UGG Halendi Sandal
UGG Hammond Slipper
UGG Layback Slipper
Ugg Napoule Sandal
Ugg Persephone Sandal
Ugg Skimmer