Although I have just "Left the Corporate” so to speak, it is interesting to speak with friends of mine who are still in the business of investing. I can already see a difference in perspectives on how to approach "investing” (both in terms of time and money) . . . . Financial hilarity ensues (for those of you who do not get it, don’t worry, you are probably not financially savvy!):
Azeem: So here are the 8 ideas I have, 3 of them I am more serious about; think service businesses focusing on a transfer of knowledge . . . you know, consulting. I need cash dude!
Joe: Ummm, none of those ideas are scalable . . . i would never invest
Azeem: I need cash! I don’t care if they are scalable, I can figure out how to expand the business model later. Baby steps!
Joe: Look, just build me a scalable idea and then spend all your savings and max out your credit card debt for the next two years until you hit it big . . . that’s how the Americans do it!
Azeem: Worst advice ever. I don’t want to gamble away my ENTIRE savings (which, incidentally is small anyways)
Joe: You’re so Indian
And finally . . . . do you get the title now? The title is a parody of Dr. Strangelove??? Come on people!
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Getting the first customer is a project in itself. It is also a surprisingly self-revealing path. You learn more about yourself as you go through it.
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