1. I do not see myself in the business for my entire life because I would hate to stunt my growth and development by only doing what I am doing know. I think that I still have a lot to learn, but at some point, the level that I will be learning on will stagnate. I would hate to reach that point. Because I always want to challenge myself, I would like to expand into different fields when I have the resources to do so.
2. I chose this strategy because I know my strengths. Right now, I have a lot of strength in the field of consultation and my ability to effectively communicate. Like Dr. Pryor what can you sell right now. I have realized that these are skills that I can sell right now and have been for the last few month. In the future, when I may have more money to invest in a startup I would love to do something that has a greater impact. In all honesty, I don't think my form of consultation will make a huge impact on the trajectory of this world. Because of that, it is a stepping stone for me to be able to do greater things that will help a larger audience. That is why I chose this strategy. I want to innovate on a large scale and see my efforts make great changes in the world.
3. It has had some influence on my plans for my current concept. I have thought about how I can bridge this idea with greater ideas in the future. I would like to see great changes in STEAM. Like I heard in the Elon Musk book, we have killed innovation with the rise of the ".com" industry. Because of this, we need more people that are willing to get into this field and drive change. I think that there are many monopolies today that need to be challenged and have someone willing to stand up against them. For most startups getting bought by a larger company is the dream because it means security, but in reality it is stunting our growth as a world. We need someone willing to prevent these companies from falling to the giants and be able to prop them up.
Yes, I included a picture of Coruscant to represent the future. Don't @ me.
This is my blog; I don't care that Star Wars takes place in the past.
Nick,
ReplyDeleteI really enjoyed this post. Your point that you don't want to continue with the business into perpetuity because that may stunt your personal growth resonates with me. I believe i want to pursue other businesses rather than sticking with my current idea. That being said, really putting our all into our businesses and attempting to scale them may be just the intellectual challenge we need! Nice post!