Comments on: You never succeed with your First Startup? http://sgentrepreneurs.com/entrepreneurial-mindset/2007/10/08/you-never-succeed-with-your-first-startup/?utm_source=rss&utm_medium=rss&utm_campaign=you-never-succeed-with-your-first-startup Get to know Asia. The Singapore entrepreneurship scene. Thu, 29 Mar 2012 11:52:28 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Jeff http://sgentrepreneurs.com/entrepreneurial-mindset/2007/10/08/you-never-succeed-with-your-first-startup/comment-page-1/#comment-66855 Jeff Thu, 18 Oct 2007 06:26:58 +0000 http://sgentrepreneurs.com/entrepreneurial-mindset/2007/10/08/you-never-succeed-with-your-first-startup/#comment-66855 Well, it actually really depends on the situation. One, if you are really capability of getting the right team to do the job. On top of that, given that you have enough capital to start the business. If you actually sells your idea, you might actually want to see how your idea works in other people's hand, in which part of your initial idea other people has changed, which can be used as a reference for you when you have a new idea. Capital is always a problem when everyone thinks about setting up a new business, as the article has said, selling off your first idea enable you to access funds and a clean track record. I would do that, simple to say, I can access funds, having a track record, and most importantly, boast my confidence that my idea can actually sells. Well, it actually really depends on the situation.

One, if you are really capability of getting the right team to do the job. On top of that, given that you have enough capital to start the business.

If you actually sells your idea, you might actually want to see how your idea works in other people’s hand, in which part of your initial idea other people has changed, which can be used as a reference for you when you have a new idea.

Capital is always a problem when everyone thinks about setting up a new business, as the article has said, selling off your first idea enable you to access funds and a clean track record. I would do that, simple to say, I can access funds, having a track record, and most importantly, boast my confidence that my idea can actually sells.

]]> By: Singapore » Blog Archives » You never succeed with your First Startup? http://sgentrepreneurs.com/entrepreneurial-mindset/2007/10/08/you-never-succeed-with-your-first-startup/comment-page-1/#comment-65322 Singapore » Blog Archives » You never succeed with your First Startup? Tue, 09 Oct 2007 17:03:02 +0000 http://sgentrepreneurs.com/entrepreneurial-mindset/2007/10/08/you-never-succeed-with-your-first-startup/#comment-65322 [...] You never succeed with your First Startup?A recent conversation with a starting out entrepreneur recently illustrates some prevailing attitudes of young entrepreneurs in Singapore. If you have found a start-up and it has a product which others might want, what’s the likely … [...] [...] You never succeed with your First Startup?A recent conversation with a starting out entrepreneur recently illustrates some prevailing attitudes of young entrepreneurs in Singapore. If you have found a start-up and it has a product which others might want, what’s the likely … [...]

]]> By: Cobalt Paladin http://sgentrepreneurs.com/entrepreneurial-mindset/2007/10/08/you-never-succeed-with-your-first-startup/comment-page-1/#comment-64979 Cobalt Paladin Mon, 08 Oct 2007 07:06:51 +0000 http://sgentrepreneurs.com/entrepreneurial-mindset/2007/10/08/you-never-succeed-with-your-first-startup/#comment-64979 To sell or not to sell, it is always a difficult question to answer. What is the right price? What if you think you can make more money in the future, so selling right now is not realising the full potential? No body has a crystal ball. I guess any entrepreneurs who do decide to sell, will just have to bite the bullet and not look back. Interesting that you mentioned that there are many ideas out there waiting to be grabbed and realised. I'm currently reading Paul Arden's "Whatever you think, think the opposite". It was stated, "It's not always good to have ideas. If you don't have too many ideas, you have to make those you do have work for you." I'm currently still mulling over the above statements. I do have friends who have too many ideas which make them give up their current endeavour too easily and hop to another idea. At the end, none of the ideas were given enough time to be successful. I don't know which is better: Too many or too little ideas? To sell or not to sell, it is always a difficult question to answer. What is the right price? What if you think you can make more money in the future, so selling right now is not realising the full potential? No body has a crystal ball. I guess any entrepreneurs who do decide to sell, will just have to bite the bullet and not look back.

Interesting that you mentioned that there are many ideas out there waiting to be grabbed and realised. I’m currently reading Paul Arden’s “Whatever you think, think the opposite”.

It was stated, “It’s not always good to have ideas. If you don’t have too many ideas, you have to make those you do have work for you.”

I’m currently still mulling over the above statements. I do have friends who have too many ideas which make them give up their current endeavour too easily and hop to another idea. At the end, none of the ideas were given enough time to be successful.

I don’t know which is better: Too many or too little ideas?

]]> By: encik wan http://sgentrepreneurs.com/entrepreneurial-mindset/2007/10/08/you-never-succeed-with-your-first-startup/comment-page-1/#comment-64913 encik wan Mon, 08 Oct 2007 01:06:37 +0000 http://sgentrepreneurs.com/entrepreneurial-mindset/2007/10/08/you-never-succeed-with-your-first-startup/#comment-64913 I will sell my company/product if price is right and I have a better idea :) I will sell my company/product if price is right and I have a better idea :)

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