Entrepreneurship: Getting Things Started – GTS

Thursday, October 18, 2007 at 9:00pm by Site Administrator

Forget about GTD (Getting Things Done). What about GTS – Getting Things Started? If you’re working a full time job, how can you get your startup launched sooner?

Well, I’m an incessant planner. Or I was. This year has finally become a time of action, of GTS for me. I’ve launched several projects with different partners, with varying degrees of success.

Now, granted that I haven’t worked a salaried career job since 1998, and I’m a long-time freelancer (on and off). However, I treat each new project the same way as if I were still working full-time. That is, I have important tasks right now that earn me my living, and anything new could affect that.

If my situation distracts you, let’s forget about it for the moment. Let’s say you’re working full-time and you want to GTS. What do you do?

Firstly, you review both what your goals are/ will be and your current situation:

  1. What are your financial goals?
  2. How will your startup up help you achieve those goals?
  3. What are your current savings? How much of that will you need to start up?
  4. How much free time do you have per week for working on your startup, without interfering with your personal life or day job? (Or night job, as the case may be.)
  5. Have you launched your startup? If not, what’s holding you back? Capital? Time? Resources? Personnel?
  6. What can you do to get past the barrier(s)?
  7. Do you have partners?
  8. Are there any potential sources of capital you haven’t considered, or even silent partners?
  9. Do you have a back up plan?
  10. What are you really waiting for?

Now, what do you need to launch your startup, and what can you do to accelerate that? Your answers to the above questions are obviously not going to be the same as others. If capital is a factor, increase it by spending less. Sacrifice, but not to the point where it affects you negatively. You have to decide what those boundaries are.

There are only two components to GTS: (1) desire and (2) action. The desire is composed of your personal motivations. This in turn drives action. If you don’t desire something enough, there’s unlikely to be any action.

Many successful people have said that keeping yourself just a little bit hungry, literally and figuratively, in all aspects of life, is what will drive you. I know this for a fact, from my own experiences.

Without this “hunger” to do something, there’ll be little creativity or productivity.

By the way, if you need reminders to get something started, try Ping Me if you don’t like regular to-do list applications.


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2 Comments »

  1. Being hungry is what drives me! Thanks for all the wisdom…

    Comment by Brad Newman — October 19, 2007 @ 6:44 pm

  2. Indeed, and it really can be literal. Not overeating can actually fuel your personal/ business endeavors.

    Comment by Raj Dash — October 19, 2007 @ 8:48 pm

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