On what I learned being an entrepreneur and VC : Preserve your sanity and happiness

As someone who has been on both sides of the table, first as a VC and then as an entrepreneur, people often ask me what have I learned or would advise other entrepreneurs.

Here’s what I would recommend: —

  • Think big, start small, scale quickly and never give up
  • If your idea or product isn’t working, kill it & move ahead. If you survive a battle today, you might win the war tomorrow
  • As a founder, your job is to constantly find new bottlenecks at breakneck speed. Setup the infra to collect data as you create your product.
  • The only way you will find bottlenecks is by consistently learning from the data
  • You aren’t a failure just because you launched a failed product
  • Take a good care of your mental health.

Running a startup is an intensive affair. You have bugs to fix; probably few months of runway left; processes need improvement; parents have no clue about what you’re up to; co-founders have quit; friends crib that you never have time; you need to do a new fundraise; clients are not paying; you’ve put on weight because there’s no time to exercise; you cannot afford a vacation for your anniversary because you have product releases; heck you probably don’t have enough money to afford it.

All this is real, but in the end, nothing is more important in life than your sanity and happiness

This article was originally published on blog.alore.io. Please click here to read more such articles.

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