The Good, the bad, and the ugly

 It's always interesting to see how people react when you asked them about the start-up company, the excitement in their faces is always priceless. Yet, we do not see the daily struggles of most of these start-companies encounter. The up and downs of starting and owning your own company can often times resemble scenes from a movie; plenty of excitement, drama, and one hell of a roller coaster ride.

Having this in mind made me think of the possibility of launching our own venture sometime in the future. At this point, we have plenty of ideas and work to do. It seems everything we think will work. This is bound to be a success, we have everything in place. But of course after spending sometime with various entrepreneurs I should know better (well at least I think I do). If we were to ever launch our the venture I'm sure we think of the various challenges and risk associated project. Yet, I am sure there would be a skew of unforeseen challenges that would arise. 

As I was reading Kimberly Weisul article of running as risk business it brought a few thoughts to my head. With both Pedro and I focusing our project in Mexico City I am sure we could learn a thing or two from these African Entrepreneurs. Of course with any start-up company there's always risk associated with the venture. Yet if we attempt to crawl before we can walk, so to speak, the likely hood of success will be that much higher (I hope).

The three points that stood out for me were 1) decide what level of achievement counts for success or failure 2) keep cost low in the beginning 3) Establish specific measurable goals of what you plan to provide.  Given that we have not establish credibility with any small business these three key points will prove to be vital for us. From the beginning we have to set realistic goals for ourselves. Yes we need to be ambitious but we need to remain grounded. At the same time we need to focus on keep cost at a low for the organization. While it will defiantly not be easy to launch the venture, I'm sure it be a roll coaster ride doing it.