How I Started A Tech Business With No Idea, No Experience, And An Empty Wallet
Sometimes the best thing to do in life is to dive straight in
Introduction
While in university, I had no idea what to do with my life. I needed a job but didn’t want to be a doctor or lawyer. So one day, while sitting around with some friends, we talked about how boring our current jobs were. Then they said something that changed everything: “we should start our own tech company.” So we did! And the rest is history..
The Idea
The idea was a web app for students to help them with their coursework.
I’m sure you’re thinking, “Oh no, not another student-centric service.” But this app wasn’t just for students. It was also meant to be useful for teachers! (This is important.) The idea was that teachers would use the app to check on their student’s progress and give feedback on assignments through an easy-to-use interface without having to deal with email chains.
I began to build a team
Once you understand what you’re trying to achieve, the next step is finding a team to help you accomplish your goals.
No matter how good an idea might be, it will go nowhere without other people who are willing and able to support its development. I’ve had the pleasure of working with incredibly talented individuals. I encourage anyone reading this article with an idea for something great to start building their team today.
It never hurts if one of those people knows more about something than you do; if they’re very experienced in their field, then they’ll know exactly what steps need to be taken before moving on to another task at hand; this allows them (and therefore their company) as much efficiency as possible when developing software projects/services or whatever else we are doing together!
Of course, there’s always room for improvement, so don’t let yourself get complacent after hiring someone because there’s always room for another mentor out there somewhere; this person could be someone who has been doing what he/she does longer than any other person alive today…so keep searching until one comes along!
Launching a Startup — The First Month
The launch’s first month was about getting people to use my product and buy it. Unfortunately, I had no idea how to be a CEO, so I spent most of my time trying to convince people that this was something worth investing in.
I started off with friends and family, who were more than happy (and willing) to try out whatever I had at that point; then I moved on to acquaintances from college and high school, who thought it was cool but didn’t want any part of it; finally, after months of rejection by everyone around me who wasn’t already invested in me personally (or you know), I turned away from the world entirely and focused all my efforts on what would become the core team at [company].
The Next 4 Weeks
Now that you’ve got a product, it’s time to focus on the other areas of your business. You need to work on marketing, business development, and team building.
You can easily start off by focusing on these two things each week:
- Work on the product (20% of your time) — ensure you have a vision for where you want to take effect and don’t get distracted by shiny objects or other ideas. Remember that even if a picture is great in theory, it doesn’t mean it will work in practice! Be careful not to spend too much time tinkering with things when there are more important things you should be doing with your limited resources, like finding customers or selling something!
- Work on marketing (20% of your time) — this includes talking about your company/product/service with people both within and outside of your network; networking events are great for this but remember what matters most is not how many cards you collect but whether any contacts turn into opportunities for new projects/jobs etc., so try not to chase after every potential lead at first chance as there may be no point in doing so if they aren’t relevant now or later down the line when another opportunity arises.”
When you have no idea, experience, or an empty wallet, it is possible to start a tech business.
The best way to do this is by learning from other people’s experiences.
There are countless examples of people who have started a tech business with little or no experience and managed to succeed without any wealth.
A good example would be Mark Zuckerberg, who started his social media empire with $1,000 while studying at Harvard University in 2004.
This is all thanks to his knowledge of coding languages like PHP and HTML, which enabled him to develop Facebook’s first website, which was self-funded by advertising revenue generated from visitors who initially used the site for free (later known as “The Facebook”).
Conclusion
Now that I’ve launched my first startup, I can say that starting is not easy. It takes courage and determination — but it also takes planning and preparation.
So to all you software developers out there: don’t let the startup process intimidate you. Start with a vision, create a plan, and follow it through! You’ll be on your way in no time.
