Balancing Commitments: A Guide for First-Time Founders to Launch a Viable Venture

As a new student entering the Tetr College of Business, I am excited about the prospect of launching a real venture every term as part of my curriculum. However, I find myself pondering the realities of starting a business as a first-time founder while managing other commitments. I am reaching out to seasoned entrepreneurs for insights on the journey ahead.

Understanding the Timeline

Firstly, what is a realistic timeline for transforming an idea into a minimum viable product (MVP) and ultimately validating it in the market? Grasping this timeframe will be crucial for setting achievable goals throughout each term.

Recognizing Potential Pitfalls

Additionally, I would love to hear about your experiences regarding the biggest time sinks and unexpected delays you encountered while launching your first venture. Understanding these challenges will better equip me to navigate potential roadblocks along the way.

Strategies for Success

Finally, how did you manage to get your venture off the ground without becoming completely overwhelmed? Balancing the demands of entrepreneurship with academic and personal commitments can be daunting, and advice from those who have successfully walked this path would be invaluable.

Embarking on this entrepreneurial journey is both exciting and intimidating. I look forward to your insights that will help provide clarity and guidance as I navigate the world of launching my first venture.