Sam Soleta - Week 1

Creating a startup doesn't require groundbreaking new ideas, it only requires smart work and dedication. Smart work, rather than hard work, is essential to the successful start of a new company. Paul Graham describes the 3 key components of a successful startup to be: "to start with good people, to make something people actually want, and spend as little money as possible." In retrospect, these goals don't seem too far fetched but once into the swing of things, can prove to be a bit challenging.
Source: Why a "happy" team isn't enough for your startup to be its best ...



Step one of a good startup is hiring the right people. Not only should employees be qualified for the job but they must have a passion for the job, or at least a passion to succeed at their respective duties. Each person has a specific role within the workplace and a successful startup should aim to cover all bases. Secondly, it is imperative to work to what the customers want. If a product isn't appealing, the company won't see any profit from that product. Being aware of the market and the different trends and needs of the consumer is important to understanding how to adapt a product. Finally, raising money as well as saving money. Once you've established a team and a product, the foundation is set to start the company. Once a foundation is set, raising money and finding investors allow that next step into building that company from the ground up.

Taking these lessons and applying it to my own startup, I think it creates a good basis of how to approach the rebranding of a nation. Understanding that we can start first with the practical needs and values of the consumers (other nations and people) allows us the opportunity to find new solutions that can help further the development and social status of a nation.

Works Cited

Graham, Paul. “How to Start a Startup.” How to Do What You Love, www.paulgraham.com/start.html.