I found this blog post a while back and I happened on it again on Twitter and I read it, was again inspired and so I had to share it. This is the kind of article very aspiring and current Caribbean tech entrepreneur, developer, designer, college student and college graduate should read and re-read. It’s written by Jason Baptiste. WHo is he? Jason L. Baptiste, is currently the CEO and co-founder of Onswipe, a platform for tablet publishing and advertising. In 2011 Jason was named to Forbes 30 Under 30, Businessweek’s Top 25 Under 25 entrepreneurs, INC. Magazine’s 30 Under 30, and the CEO of one of TIME Inc’s 10 Best Startups. Jason is currently a professional author of the upcoming book “The Ultralight Startup” being published by Penguin Books.
I’m going to go and replace 3 years with a “short time frame”. Some things to focus on:
Market opportunity– A million dollars is not a lot in the grand scheme of things, but it certainly is a lot if the market opportunity is not large enough. Even if you put Bill Gates and Steve Jobs as founders in a new venture with a total market size of 10 million, there is no way they could become too wealthy without completely changing the business (ie- failing).
Inequality of information- Find a place where you know something that many undervalue. Having this inequality of information can give you, your first piece of leverage. More