Chapter 3: Starting Up the Startup
My professor directed our entrepreneurship class to watch a free documentary called "Startup.com". Given no context to the video, we left the classroom confused and unsure of the purpose of watching this short documentary. As I watched the free film on YouTube, it became clear to me why he had recommended this video. In short, it was about the "start up" of a business "startup". It showed the beginning, the middle, and the unfortunate end to a company that had so much enthusiasm and promise at the start. A few lessons could be gleamed from watching this short documentary, lessons that I believe are vital for starting your business. The biggest lessons I learned from this film: 1. Take the losses as gracefully and humbly as you take a win 2. Growth and money should be second and third on priority list, user/consumer benefit is number one 3. Communication and business roles are important when sharing knowledge and creating trust The video talks about a comp...