Thursday, May 04, 2006
5 ways to start a company (without quitting your day job)
Came across this article by Erick Schonfeld, Business 2.0 Magazine editor-at-large on Yahoo ! Finance today -
Key points from the article -
Key points from the article -
- Chances are you have always wanted to launch your own start-up
- Odds are you are still working for somebody else
- You did not start may because you are afraid to loose that steady paycheck
If you find yourself in this scenario; author provides a 5-point plan to help you kickstart your business.
- Use Your Salary as Funding
- Turn Common Complaints into a Business Plan (Idea)
- Make your Boss a Beta Tester ~ not sure what it is the read the article through the link provided below.
- Take Advantage of Your Company's Reputation
- Convert your Employer into a Business Partner
Author provides relevant examples for each point. Find interesting, read on.
Here is the link
# posted by Mohit Pawar @ 5:21 AM 
Comments:
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Turning the topic inside out? What are the best (alternative) day jobs that will aid somone from job, to startup founder, to successful startup founder?
Comments with examples welcome!
Comments with examples welcome!
Ok this makes things exciting. Some options that come to my mind:
- Journalist starting a webzine on a topic that he/ she thinks is interesting while the employer thinks otherwise.
- A developer with an idea for a killer application. If the idea is exciting enough, any discerning employer will come forward to support.
- In a progressive company; employee can take proactive steps to help company see opportunities which they were nopt able to see otherwise. It is most likely that the employee will be given the responsibility to execute.
For eg; an employee can propose and initiate community building measures for a product or service of his employer. Such efforts call for little monetary inestment; hence are most liklely to be approved.
This can be the ultimate chance for the employee to differentiate himself, learn. He can easily replicate this for his enterprise when the opportunity arrives.
Somebody has said that if a comment exceeds two paragraphs it becomes a post. I have already committed that sin.
Further i'll update it with examples at some other place.
thanks !
- mohit
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- Journalist starting a webzine on a topic that he/ she thinks is interesting while the employer thinks otherwise.
- A developer with an idea for a killer application. If the idea is exciting enough, any discerning employer will come forward to support.
- In a progressive company; employee can take proactive steps to help company see opportunities which they were nopt able to see otherwise. It is most likely that the employee will be given the responsibility to execute.
For eg; an employee can propose and initiate community building measures for a product or service of his employer. Such efforts call for little monetary inestment; hence are most liklely to be approved.
This can be the ultimate chance for the employee to differentiate himself, learn. He can easily replicate this for his enterprise when the opportunity arrives.
Somebody has said that if a comment exceeds two paragraphs it becomes a post. I have already committed that sin.
Further i'll update it with examples at some other place.
thanks !
- mohit
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