How To Start A Tech Empire In 3 Easy Steps

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Photo by Brad Barmore on Unsplash

#1: Build a barebones (tech) product yourself:

Children become more comfortable with their nannies than the working parents.

While everyone has the best idea of what they can/cannot build, we have often heard stories about children becoming more comfortable with their nannies than their working parents.

  • Fail fast
  • Not to optimize fiercely

#2: Decide who should use it vs who should pay for it

Consumers vs customers.

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Photo by Christine Roy on Unsplash

#3: Build Your Assets:

To build is the wrong word here. The right word is to feed. Nurture is even better.

Assets are comprised of anything that is likely to attract/retain customers. But they are much more than just that.

Products are what you sell to your customers. Assets are what you must build to enter and stay in business.

Assets provide opportunities of scaling up your one-time product building effort.

In Apple’s case, it’s the app store. Free and paid apps developed by millions of creative developers provided reasons to customers to buy a newer iDevice every year.

This is about deciding to share your profits/offerings with the most meritorious out there

Thinking about the best asset you can build is the essence of any disrupting business. It causes you to think about the actors in your ecosystem. It directs you to walk on the way of empathy. It provides ample, unseen opportunities of scaling up your one-time product building effort.

Conclusion:

Pave the way less traveled with utmost confidence and clarity.

Building a startup requires hard work. It is a roller-coaster that exploits the best & worst of your cognition and emotions.

Written by

Startup writer, Programmer, Tech Career Blogger, Education Engagement Enthusiast

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