At this time last year, I was looking around our Southeast Asian neighbors with startup-scene envy. Why wasn’t our startup scene as vibrant?
What a difference a year makes.
In just one year, we’ve seen a couple of Startup Weekends, the rise of Twitmusic, the launch of Kickstart and Ideaspace, a booming economy, Streetfood Tycoon, co-lab amenities – all of which were made more all the more prominent by a rabid social media environment fueled by internet-savvy Pinoys.
I think everyone will agree though – this is just the tip of the iceberg.
I am excited at the thought. Giddy, even. We have so much potential as a people, and I really, really think startups will ultimately be how we can lift this nation up.
Hence kindly allow me this sobering reminder, then:
Startups require an incredible amount effort and perseverance to pull off.
With the increased number of people trying to start up, I also see a number of people taking this for granted, acting as if it can be done with minimal effort, minimum quality, and very often, minimal research.
Perhaps the term “startup” has something to do with it.
After all, it’s relatively easy just to start a “startup.” As the cliché goes, though: it’s a marathon, not a sprint. It’s how you finish which will be crucial, where the wheat is separated from the chaff.
You know, we have a chance to do some amazing things. If there is any time in the history of the world, we have got to go for it now.
But like everything in life, there is a price, right? We KNOW that already. For us to mean it when we say stuff like “let’s put the Philippines on the map,” we need to bleed for it.
You want to fulfill your dreams? Startups are ANYTHING but a shortcut.
You want to take a leap and start? There’ll be an awful amount of bumps and bruises along the way.
Over 92% of startups fail. (very interesting link) If you don’t do the hustling necessary to finish, 8% becomes zero. You’d have NO chance. None. Zip.
Let’s own up to the challenge. Let’s pay the price. Let’s refuse to build pwede na firms, but rather invest in the effort necessary to build great firms. Let’s put the Philippines on the map by giving her our all.
She deserves it, after all.
2 thoughts on “Can We Call Them “Finish-Ups” Instead?”
Your post sound all scary to put up a startup :D. I would be interested to actually know the experiences behind this statement:
“With the increased number of people trying to start up, I also see a number of people taking this for granted, acting as if it can be done with minimal effort, minimum quality, and very often, minimal research.”
Ohno! I’m not sure fear was the reaction I wanted to ellicit 🙂 (the whole point of this blog really is to go for it, after all)
Bottom-line, I just think we need to work even harder to capture the flag. It’s NOT going to be easy. Sige let me explain the inspiration for this post.
This blog and the way my career has developed has allowed me to meet wonderful people. (I meet with a different set of new entreps/ leapers from the blog every Saturday morning).
I’m just a bit alarmed at how some people think it’s going to be easy. Like how its very probable it is to juggle 2-3 part-time startups at the same time (while having a day job). Or how a supposed “blue ocean” new idea turns out to have competitors within minutes of a good google research. How a startup has the habit of missing very doable deadlines for its first clients.
Like the pursuit of any dream, effort has to consistently be there.