Why you need impact startup

Sergei Ponomarev
3 min readJun 5, 2020

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7 reasons why creation of even small impact startup is the best exercise for your development

1. You’ve spent a lot of money and time on “self-awareness” training? How about the results? What if I told you there is another, maybe less daunting way which supports self-development? Launching a startup immediately reveals who you are in all your glory (or quite an opposite). It shows all your weaknesses and deficits — lack of essential hard and soft skills. It is the best test to understand how much you can offer to others. No mindfulness training will be able to deprive you from illusions in such a short time as a startup will do. It will open a box with your most horrible scares. But it’s the only way to grow. Development it’s not about following your dream but mostly getting rid of internal fears.

2. Do you suffer from procrastination, lack of purpose in life, low motivation, self-pity, uncertainty and lack of confidence? Business will make you fanatically focused. Even the smallest tiny impact startup will swallow all your time and attention. As someone once said: when I’ve started my business, I slept at nights as a baby — waked up every three hours and cried.

3. You feel lonely, all by yourself? People don’t understand you and you don’t have real friends? Impact startup will teach you how to understand people because you should be able to recognize customers, partners and potential employees. You will have to learn how to feel people’s desires, and what they actually want. It will improve your communications skills and will save you from numerous misunderstandings in the future.

4. Impact startup will take time initially reserved in your schedule for social talks, favorite TV serials, social networks, meditation and spiritual practices. But at the same time, it will give energy and determination. It will teach you how to learn and work 10 times faster than you used to. Impact startup will teach you how to deal with problems and how to see possibilities instead of obstacles. How to overcome circumstances and get what you want. You will forget the word “impossible”. It will teach you not to spare yourself, stop complaining, become more productive. You will understand that stability is a lack of opportunities. You will start to respect yourself.

5. Impact startup will teach you how to earn money, when income depends on your personal efforts, and there are no restrictions. Many people consider entrepreneurs greedy. In reality everything is the opposite. Most of the hired people are greedy because income is limited and they have to stay in budget, save money and forget about the wishes. In other words: always limit themselves.

6. Money from your startup will give you various opportunities to help others. The more successful you become, the more people can benefit from it. Money is absolutely necessary resource if you want to change the world. Impact startup will teach you how to handle money, treat them not as a goal, but as a means for common goods. At least, if you hate money, the more you earn, the more you can burn.

7. And the last thing. Most of the hired positions are limited with age and skills criteria. Impact startup is always open to you. You can start it tomorrow, even today. It gives you unlimited growth, makes you the master of life, open up the whole world. You will be able to create something which you will pass to your children. Just think about it.

We invite you to become a part of Galileo, a community of social entrepreneurs and impact investors changing the world for the better. Welcome!

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