2. Creating something that people want and figuring out a way to help them pay for it.
Its well documented in books like "The Talent Code" that the most effective way to learn is to be an environment where everyone else is doing the same thing and being sucessful at it. So yes SV would be the best way to start a VC backed startup.
But there is actually something thats more important than the above 2 - a HUGE SURGING MARKET. People in SV are not near Indian middle class and arent focussed on it even though:
"The middle class in India and China is bigger than the middle class is US + Europe + Brazil + Africa combined".
Give this and the fact that you CAN learn on your own I think you should stya in India and try there.
Use social media to watch videos from SV and learn. But stay in a huge growing market with much less startup competition. Even if you suck at execution but listen to the market your bound to become rich.
Now if you didnt have to do 1.5 + 5 years of slaving away for a corporate master before you could start your own company in SV then I would recommend SV but you dont have that option (unless you qualify for founder visa when that bill gets enacted).
All said and done, go out tomorrow buy Rs 2000 of vegetables from a vendor and try to resell it at market where you live. You'll learn sales and negotiation and you'll get the feeling of getting paid with cash - it'll be a great first step :)
Comments
Being an entrepreneur is about 2 things.
1. Learning the skills you need to do step 2.
2. Creating something that people want and figuring out a way to help them pay for it.
Its well documented in books like "The Talent Code" that the most effective way to learn is to be an environment where everyone else is doing the same thing and being sucessful at it. So yes SV would be the best way to start a VC backed startup.
But there is actually something thats more important than the above 2 - a HUGE SURGING MARKET. People in SV are not near Indian middle class and arent focussed on it even though: "The middle class in India and China is bigger than the middle class is US + Europe + Brazil + Africa combined". Give this and the fact that you CAN learn on your own I think you should stya in India and try there.
Use social media to watch videos from SV and learn. But stay in a huge growing market with much less startup competition. Even if you suck at execution but listen to the market your bound to become rich.
Now if you didnt have to do 1.5 + 5 years of slaving away for a corporate master before you could start your own company in SV then I would recommend SV but you dont have that option (unless you qualify for founder visa when that bill gets enacted).
All said and done, go out tomorrow buy Rs 2000 of vegetables from a vendor and try to resell it at market where you live. You'll learn sales and negotiation and you'll get the feeling of getting paid with cash - it'll be a great first step :)