Employment to Entrepreneurship
Guys, how was your transition from corporate employment to Entrepreneurship ? How was the journey and what challenges did you face ? Was your Risk rewarding as you hoped ?
Yes. It turned out well! Journey becomes easy if you have a good Co-founder or mentor. If you’re from tier1 college, it is almost insane not to try your hand . Especially if you have an idea or vision. I know around 15 people who have tried own business in last 8 years and barring four, everyone is $ Millionaire. One even made $100M+. The figure is about liquid $ excluding startup valuation. Even people who failed in startup, made big ₹ in salary only. Some of them made money by opening their own agency.
Just to add of course, survivorship bias in my sample is applicable. Point is it is not that hard if you play your cards right with little luck.
Can you share more insights.
How will tier 1 help here
What all things to keep in mind before jumping into the ship
Money is not the main motivation but still one need to feed the family, what if the person come from a family who always struggled and now they see the hope as their son/daughter is earning very well
Say if someone start, how much into the game one would decide to exit as it's not working out
Have lot of similar questions
Paid off too well but its not guaranteed. People grow and become more valuable, definitely more