Kite-flying & Entrepreneurship

There are striking similarities between flying a kite and starting up. 

Some of these are as follows:

Determining the direction of the wind: When you fly a kite, you need to take into account whether there is enough wind to fly the kite or which direction the wind is blowing. Similarly, before starting a start-up, you need to do proper research regarding what kind of scope exists for the market you are trying to cater to, what are the entry barriers, competition, etc.

Gaining momentum: The kite doesn’t shoot up at once, it takes time for the kite to reach high in the sky. In the same way, a start-up doesn’t become successful overnight. You need to work hard, give in a lot more than you had envisaged, and lose some initially to achieve success.

Taking care of the risks and competition: As a kite-flier, you need to take care of certain things; for example, hurting fingers with the kite thread, bumping into the fellow fliers or standing at the parapet of the terrace. Also, you need to avoid the wires and trees, lest your kite gets tangled. A start-up also needs to focus on the risk areas. For e.g., are there any competitors? Is there a good opportunity to source funds? Would the business break even in 5 years time? Are there any social, political or economic risks? Would there be a need to upgrade the technology in a few years time? And, so on.

Learning with experience: Kite flying is not an ability that you are born with. You practise and master it over time. In the same way, starting a business is not a skill an entrepreneur knows as a child. He learns it along the way and then masters it.

(taken from eazyhire.in)