We're talking about tips on startup business ideas. This is part two, you can view part one here. 4) RESEARCH There are hardly any truly novel ideas anymore. That great idea you've always thought of? There's a great chance someone out there has done it. Don't fret, this is normal. In many cases, this actually means your idea…
Ok, while ideas ARE overrated, they are still important. Let's talk about the process of evaluating, and ultimately choosing, which startup idea to commit to. This will be a long one, so I will cut it up into 2-3 posts. Remember, the criteria I will be using here will be for startups, not necessarily for lifestyle or…
A friend of mine who read the blog told me early today, "Okay, I'm sufficiently inspired, now put something concrete please! Tell me how I can start!" So where do we begin? The popular answer is that it starts with the idea. This explains why so many people have the excuse, "I'd start, but I still don't…
If I buy a Jollibee franchise, would that be a startup? If I open a sideline internet cafe while I'm handling my day job - is this a startup? There are several definitions thrown around now about what a startup is and isn't. Here's mine: Ambition + Innovation = Startup First, a startup is all about ambition.…
It doesn’t need to be a giant leap. Perhaps you don’t need to quit your day job just yet. But start something. Enough of the Starbucks dreaming with your friends on that idea you wanted to do. Start doing it. Small steps. The small steps are the great ones. They allow you to digest the grand adventure…
I am a Filipino startup owner. I began my professional career going up the human resources ladder. I eventually got really tired of this climb and felt the corporate structure stifled me from fully spreading my wings (more on this later), so I took the most significant leap of my professional life. In 2006, I started the…