Decide if you should become a startup founder and how to best prepare for it.
This talk will help you decide if you should become a startup founder and how to best prepare for it.
It is hard to know for sure if you are suited to be a successful startup founder, as many different types of people can succeed with different strengths.
Sagi persevered through rejection to become a successful leader, while others gave up.
Benchling struggled to raise seed funding and took two years to start making revenue, but now they are on track to become a public company with many top biotech and pharmaceutical customers.
Sagi overcame rejection to become a successful leader, while other Founders lacked the resilience to do the same.
Starting a startup can be a great learning experience, but make sure you have the right motivations and can handle the worst case scenario.
It's okay to start a startup to become rich, or just out of curiosity, as it's the only way to know if you'll enjoy it.
Founders' initial motivations to start a startup may change over time, so focus on finding enduring motivations such as genuine interest in the problem and love for the people you're working with.
Can you handle the worst case scenario of spending a year working on a startup without earning much or any salary?
Find a co-founder to discuss and debate ideas with to turn them into tangible projects in a startup-friendly environment.
Find a co-founder to discuss and debate ideas with to help develop them into tangible and concrete concepts.
Have conversations about ideas and technologies you find interesting, then do your own research to learn more.
To increase the chances of starting a successful company, it is best to choose an environment with many potential co-founders, such as a startup, and start experimenting with turning ideas into side projects.