Building a new venture is like rock climbing.

Entrepreneurship 101

 

Building a new venture is like rock climbing. Three lessons we learn from rock climbing:

1. You have to be physically ready to climb.

Preparing a plan and setting your goal is one way to make yourself ready physically and mentally.

2. You have to choose a good rope.

Your rope is lifeline. Never underestimate your budget to find a good gear when you climb the rock.

3. You have to know when to climb.

Going against horrible weather condition is such a bad idea. Never make your stamina burn too fast with imminent threat.

(Presented at the recent entrepreneurship workshop for early stage tech entrepreneurs)