3DS – An entreprenurship lesson in 60 hours

3DS – An entreprenurship lesson in 60 hours

Written by: Komail Mithani

May 15, 2010 8:43 pm 0 comments

A couple of weekends ago I had the honor in participating in one of the most eventful, intense, passionate, and valued experiences of my life. I was selected as one of forty participants for this year’s 3 Day Startup program. Here is a description of the event from their website:

“The idea of 3 Day Startup is simple: start a technology company over the course of three days. We rent work space for an entire weekend, invite 40 students with a wide range of backgrounds, cater food, drinks, snacks, and coffee, pick the best idea for a software startup during the Friday brainstorming session, and release a minimal prototype by Sunday night. The goal is to build enough momentum among a network of motivated people to sustain the company beyond the weekend.”

The experience, knowledge and network I was able to gain during this weekend by far surpasses anything I would have learned in a classroom. But, I do have to mention that those techniques and theories discussed in class were applied during this weekend and will be applied moving forward. Here is what 60 hours of passion and drive can teach you:

  1. Passion will not override business knowledge – Just because you are passionate about something you have to understand the business part of it to make it work. You have to understand the components necessary to add value to your customers and make money to attract the attention of investors and take a percentage of the market share.
  2. There are people out their to help you – Never think that you’re alone in your adventure into entrepreneurship. There are tons of networks and individuals out there that want to help your idea get launched. All you have to do is find those people, because most of the time they will not find you.
  3. Act quickly when you realize you have failed is the first step in changing things around and meeting a deadline – As I stated in an earlier post, understand that failure is part of success. Our team ended up hitting rock bottom Saturday night, but a couple of red bulls later we were up and running, putting together a presentation that got all the investors excited to learn more.
  4. Involving yourself in a tech-based startup requires you to build a relationship with your programmers – No matter how smart you are, you have to build a solid relationship with the people that are going to make your idea a reality. They share your passion, so never forget that.
  5. Passion never sleeps, it only takes naps – Being an entrepreneur means that you spend countless hours working on your passion. But, I came to realize this weekend that the passion and drive you have needs some time to nap. Getting some sleep allows you to refresh your mind and get back to what you love doing.

I highly recommend anyone wanting to get into entrepreneurship to check out the 3 Day Startup program. I can guarantee it will open doors to opportunities you may have not thought of before.