Appreciating and leveraging Serendipity, Luck, Plan B, Ignorance and Doomsday in a startup (the unsaid and undiscussed factors)
by Krishna Jha on Wednesday, February 27, 2013
- Session type
- Technical level
Discuss about the vectors of startup life that are contrary to popular and accepted wisdom. Things that nobody says, like I simply got lucky.
Discuss about the vectors of startup life that are contrary to popular and accepted wisdom.
- Ignorance (as a founder I dont have to portray intelligence to myself......my ignorance is my best weapon; ask questions, listen, learn)
- Plan B (accepting that my Plan A is just another hypothesis....it is likely to fail and that is an outcome I am ready for...so I will not raise large capital till I am personally convinced)
- Serendipity (most positive things happen as random events/meetings, appreciate and increase chances)
- Doomsday (the world is always falling apart - I get used to it)
Krishna Jha - Founded ITFinity (mobile data) in 1999. Sold to OnMobile in 2007. - Working on another startup. Angel investor.
I must know about ignorance, serendipity and plan B because now I factor for these in my plan.