Why I quit from my startup?
After 3 years of into the startup world. I decided to STOP. I QUIT. Yes, you heard it right.
I QUIT. WHY?
It started after I read this article by Dave Schools. One sentence from the article makes me wonder:
To be successful in business does not mean changing the world. It means meeting a need (regardless of size) well and dependably over time.
All of this time, I focus on the wrong thing. I was too influenced by the media — reading to much of TechCrunch. I was trying to change the world. I am trying to build the next Google or the next Facebook.
You young, startup-crazy whippersnappers want something so high-profile and instantly viral. My businesses aren’t viral, but they help a specific type of person by providing a quality solution, over and over again.
It’s an unglamorous yet stable, small and focused, profitable operation.
I lost track of my real goal which is to build a business that makes money. I want to create job opportunities for the unemployed youth, single mom and person with disabilities, homeless people and other underprivileged groups. It doesn’t need to be a tech startup.
I am not quitting. I am retreating. I am reassessing my game plan.
Back to basics! Focus on the fundamentals!
My new goal would be to start small. Focus on a need that serve a small, niche market. Start with the place I live. Conquer it. Expand my target market over time. Diversified. And I hope, one day I will become a millionaire.
