What’s more important for Startups – People Vs Product

Posted: July 22, 2011 in Personal Life
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Earlier this week, I was having a pep talk with one of my friend who I met couple of months back. We are kinda working together, trying to solve an interesting problem and sharing our passion in the course of it.

At one point of time, he asked me – “What do you want to do with your life?”

For sure – I want to have my own venture in a year and want to work on an idea or possibly couple of ideas that will be valuable to people who will use it. Again defining valuable – I meant making the life of people (can be of any group) simpler and interesting to live. There are several such product ideas in my mind, most of it are fuzzy and unstructured at the moment, some of it are not even ideas I would like to implement.

Most importantly I want to work on certain idea which is really interesting for me to work. And if an idea is something that I would like to work on after 2 years or 5 years then I consider it as an interesting idea.

Then he said – Don’t worry so much about the ideas or product at the moment. There are three major components of any business. Basically the 3Ps – People, Process and Product. While most of the people are focused on Product & Process in terms of what they want to do, how they want to do; they almost forget about the first component which is the most important component of all. Probably they think, they can get people from anywhere if they have money or connections, which is not entirely true in many cases and in most situations they compromise on the kind or attitude of people they work with.

So it’s very important to find people with whom you want to work. There are various problems in this world to solve. So it doesn’t matter what you will work on or how you will solve the problem. As long as you are working with the people you like and people who shares the same passion, any journey is gonna be fun.

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Comments
  1. Divya says:

    Probably they think, they can get people from anywhere if they have money or connections, which is not entirely true in many cases and in most situations they compromise on the kind or attitude of people they work with……………

    Very very true….!!!

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