 How to Walk?
Are you going to build another "Google", "YouTube", "Wikipedia" or "MySpace"? If yes, then congradulation!
Please read the content below carefully......
The Elements for Building a Giant
1. Unique Idea Unique. It means not many similar things happen on the earth. Maybe it is the first or second one. To brainstorm an unique idea, somehow it cannot be controlled by us. 
Indeed, it quite depends on:
a. How do we think about the world?
b. What is the living and working environment?
c. Our life experience
Based on these 3 factors, different people make different conclusion, even if on the same subject.
2. Guts
Idea is always an idea. If we don't take action, the idea is meaningless. However, there are not many people having guts to take action. They cannot handle "failure". "why the other people succeed but not mine?". All successes are based on failures. Coin has 2 sides. Many people just look at one side but miss the other side. It's common problem of human beings, but it's normal. Having guts to take action is not easy. Taking too much risks is fatal to your life. So it is good to have guts to take 'a small risk". Guts - all founders of the internet giants have "GUTS".
3. Work Hard to Prove the Concept
The giants speak less, but take a lot of actions. They prove the concepts that work in the market, not for themselves.
4. Venture Capital
Money..Money and Money. Money is the blood of business. Without money, you cannot startup properly.
How much am I required to build the site like Google? Many millions at least. How about Youtube or Myspace...maybe much more.
A website is not just a website. Do you know how much the companies pay for the marketing and advertising during startup?
That's why venture capital is here. They support the potential venture projects.
5. Luck
Do you have luck?
You have idea, guts, working hard and venture capital. Without luck, you cannot really achieve what you want.
There are many projects supported by venture capital companies, but how many of them succeed.....frankly, only 20% of them.
Youtube has luck. In Asia, youtube becomes hot due to some people sharing the controversial videos. The local presses feature the video on the newspaper, TV program and radio. They feature the "videos", not "youtube". It helps the users to form a new behaviour.
They go to Youtube to watch the videos themselves.
It's luck. You never know where your luck comes. However, all of us know luck only comes to the people who have well-preparation.
Since we cannot assume luck is always with us, we need to start from small (betting small, taking small risk) with guts, and accumulate the success step by step.
Maybe we cannot achieve the success similar to the giants like Google and Youtube. We can still earn a good living from web publishing.Labels: understand the whole picture |
