The other day, a couple of friends and I have been discussing about our career plans after graduation. Majority of us (me included) said that we plan to get a formal job first and get steady with it for a couple of years, until such time when we do have enough capital to run our own businesses.
Then one of my friends brought out the idea of a tech startup. Among my batchmates, I can consider this guy to be among the most intellectually gifted--he and his other friends who are also intellectually gifted. They had talked to a former professor and decided that it's high time that they make a tech startup. It's a risky choice, but I think all of them are already ready for it. They even have a few prospective clients already.
Starting your own tech startup is not a very easy thing to do. It involves a lot of technical expertise, yes, but more than that, you also have to have a lot of planning to do. The core and fate of your business lies on the business plan. Without a good plan, you can make a few good starts, but from there you're going nowhere if you don't have any long-term plans ahead.
That is actually my main reservation with my friend's idea. I know that all of them are technically superior, but they don't seem to give me the impression that they're good planners or managers. Not to take anything away from them, but managing things just don't seem to be their best skill. But then again, as I have already said, they already have a few clients (the ex-professor's friends), and maybe they could already work upwards from there. You don't have to have a business degree in order to become a good manager in the first place. They can still learn from the mistakes that they are bound to commit.
