This post is part of our ReadWriteStart channel, which is dedicated to profiling startups and entrepreneurs. The channel is sponsored by Microsoft BizSpark. To sign up for BizSpark, click here.
This is one post/chapter in a serialized book called Startup 101. For the introduction and table of contents, please click here.
When you first start out, you will find it amazing that anyone will even listen attentively to your idea. Then, someone actually investing money at all in your venture seems extraordinary. When your first revenue comes in, the validation is wonderful. What happens after that? A quick exit and off to have some fun? Perhaps, but many entrepreneurs go through a grind-it-out phase. How you approach this phase will depend on how much you enjoy it and how effective you are at it.
Re-read our chapter on how to hit your numbers.
You should still have your magic sauce with you: the amazing code, the user interface that blows people away, the big secular wave that you are riding, the value proposition that convinces even the deepest cynic to give it a try. All of these are a given. They are what got you to this stage.
But now you are at the stage of 99.9% perspiration and 0.1% inspiration. This is the grind-it-out phase. Everything has to be done right. The details really, really matter. And there are all kinds of details, many of which you find it hard to be interested in.
At this point it might be worth taking another look at these chapters:
If you have these bases covered, the rest is all about you. Ever heard the expression "It's lonely at the top"? Now you'll see how true that is. Here are five tips to help:
Microsoft BizSpark is a startup program that gives you three-year access to the latest
Microsoft development tools, as well as connecting you to a nationwide
network of investors and incubators. Click here to apply.
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