Sometimes, no matter how we try and invest in something, things fell out differently than planned. Sometimes it is better than planned, but often (perhaps more often, or at least we increasingly pay attention to these situations) occurs opposite. In such moments our will is made before the test and have to face an important decision: to continue or not? To better capture this, you share one of my experience from which I learned a lot. Today, we look at the main time management tips for startups.
TIME MANAGEMENT TIPS FOR STARTUPS
In August (2016) I have flooded my hometown, so I had three months to stay elsewhere without Internet access and other basic facilities to carry out obligations (such as student and those outside the faculty). Despite all this, I have decided to apply the startup competition “Pioneers of the Balkans“, together with my partner with whom we worked on idea development. Preparations were tough and we had only two months to do the necessary research (market analysis, interviews with potential users, etc.) As well as an initial business plan and marketing strategy.
Although I had received the highest estimate on courses in marketing and business at my faculty, the practical application of this knowledge turned out to be challenging. It was hard, but we managed to complete the required work within the given deadlines.
It was announced that all applicants who applied on time will receive free training to start startups, and the chance to present their idea to the jury with a short pitch, for a chance to participate in the finals of the competition. To our surprise, our application was rejected under unclear circumstances. This is the first moment when I had to decide whether to continue to invest time in the match or be discontinued. Guided by the view that this is a contest organized by aliens and that there are clearly defined criteria, our decision was to continue to seek an explanation for the disqualification.
After lengthy exchanges of email messages with most of the organizers, followed by a lot of stress, it is determined that the disqualification due to an error in the communication by the organizers. In this situation, it is normal to ask for compensation because of lost time management tips for startups and nerves, so we were allowed to present our idea to the jury despite the disqualification.
As expected, our presentation was far from ideal, given that the time spent in preparing the explanations and evidence with the organizers and failed to qualify for the final. This is the second time when we give up and go home, but the will to realize the idea does not make you think a bit more and to see that the compensation we received was not enough. The other teams though had more time to prepare and had free training as already mentioned. Organizers have recognized this and have provided us and we promised training (which otherwise was not exactly cheap), but unfortunately had nothing else to do about lost time greek startups and poor presentation.
Now you may ask, paid off all that work? Maybe not the Finals and not won the prize of “Pioneers of the Balkans”, but we received free training, experience and a solid foundation for our idea. Although compensation is maybe not the most appropriate, all these things we got helped us quite a better quality presentation for the next match for startups organized by the British Council, which managed to win a solid amount of money.
The lesson from all this: be persistent and let it guide the passion for what you do. Never take anything for granted and always seek reasonable explanations for all contingencies. What the time management tips for startups? However, you should always have a sense for what the limits and will distinguish between success and defiance. Art is that to stop at the right moment, in order not to give up, but more productive to invest time and energy to the realization of the idea in the long term, which may be longer than what was initially planned.
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