26
Jul
stored in: Entrepreneurship, Startup
Amar Goel has started a new blog about starting up and he writes a beautiful post about how risky it really is to startup or to join a startup.
Here is why he thinks that startups are not that risky after all
Reason #1: The spoils go to those that take risks — the ones who work at startups, very early on.
Reason #2: The right startups are not that risky.
Reason #3: Often that stable job isn’t so stable.
Reason #4: Do you want to make your parents happy by a) always working at a stable job or b) potentially being Narayana Murthy (who took a lot of risk to start Infosys and almost went out of business early on)?
Reason #5: It is probably the best time in the last 25 years, if not ever, in India to start a company.
And with this he hits the nail on the head
India has entered a period of fast and sustained economic growth, as long as the government keeps on its current path of increased economic liberalization. With a demographic bulge in the 10-25 year age bracket, the country is virtually guaranteed a consumption boom for the next couple of decades. There are so many industries in India that are already growing at 20-30% per year. More opportunities will also open up as the government makes hitherto closed sectors open to private sector participation and competition. With a fast growing economy, solid worldwide economic growth, and a large talent pool at your disposal, it has never been a better time in India to start or join a startup as an early-stage employee.
So if you haven’t done it yet, quit your job now, and startup…
