Hi !
By the end of this month i shall have completed 5 months of quitting my job and getting into entrepreneurship full time. Initially , for the first two months we were just trying to figure out what to do and how to do. Yes ! i had quit without a plan because every cell in my body knew i wanted to do my own thing. I had a few good ideas and always believed that i would execute one of them ! I had wanted to do my own thing since i was in college and was also associated with a start up part time for about 2 yrs.
However it took us another 2 months almost to start executing. Today we are working on building an app that we feel is going to change how people behave in that domain. We have faith in the idea ! We haven’t thought about any revenue model around the app. The reason for this is to first explore the possibilities and then decide. We also feel that delighting the users with the value of our app would soon open up many many possibilities for monetization. I remember Alok Sir pointing out once w.r.t Instagram that Users are your real currency today. I believe in that completely !
However , one of the biggest challenges that i face every single day is understanding whether we are on the right track or not. We are bootstrapped with limited funds. We are building something that does not have an immediate revenue model.
Every single day, one event makes me feel i am ready to conquer the world and the next moment I feel we are back to square one. And this happens a few times every day.
At times like these , I wonder , is it normal ? or if i am the only fool going through these emotions or there are people too ?