Why Creating a Startup is the Best Learning Experience
If you’re a lifelong learner, hungry for new skills to conquer—then you should seriously consider creating a startup.
Why? Because you’ll learn more about how a business operates than any job you’ll ever have.
And you’ll learn about all facets of business—from marketing and sales to design and business development. Yep, you’ll experience it all firsthand.
Besides, what reasons do you have not to create a startup? Time? Then why not build something that can be run on autopilot, or a platform that doesn’t take much initial investment in time or resources?
Here are five reasons why creating a startup is the best learning experience you’ll ever have:
1. You will learn about every aspect of running a business
When you form a startup, you’ll learn more about every role critical to business than you ever would have imagined.
Even if you don’t consider yourself a coder, you’ll find yourself dabbling in code from time to time. And if you knew nothing about marketing before launching, you’ll pick up some lessons very quickly.
This is because you will learn from experience. Experience is the best teacher.
I’ve launched a few websites in the past, built them from the ground up, and was able to sell them. I learned both from experience and digging through online resources. For example, if you need to make a quick change to your site and need a crash course in a new skill, you might want to search Udemy for courses that you can take over a weekend.
2. You’ll have the freedom to try new things (and succeed or fail)
The nice thing about launching your own startup or side project is that you will have unlimited freedom to try new things and implement new ideas.
You’ll experience wins and fails—but those fails will be on you, and you’ll have to hold your own self accountable.
3. You will discover what it truly takes to launch and run a company
After launching and running something you’ve created on your own, you’ll have a newfound respect for anyone running a business.
And, if you decide to work for someone else, you’ll probably be a better employee than you would have been before. This is because you will have a more in-depth understanding of how companies are run.
4. You’ll quickly find your strengths and weaknesses
Since (at least in the beginning) you’ll be doing a bit of work in every role, you will quickly discover your strengths and weaknesses.
You will truly figure out fuels your fire and what brings on headaches.
And you know what you’ll do with these findings? You will learn how to assign tasks to others who can work in the areas where you need improvement.
Which brings me to my next point…
5. You will learn how to delegate
You can’t run a full-time business, or even a small side project that’s gaining traction, without being able to delegate.
Delegating is not just a skill; it’s a choice. Yep, a full-blown choice.
That’s because it takes trust, courage, and lots of self-evaluation to be able to successfully hand off tasks to others.
You have to be able to identify your strengths and weaknesses realistically and in a completely unbiased manner, and you have to possess the ability to trust that other people will do a good job handling the tasks that you really shouldn’t be working on yourself.
My husband and I don’t have kids, but it reminds me a lot of stories I’ve heard about giving kids freedom to succeed and make mistakes: At some point, you have to ignore your over-protective thoughts and just let go.
As a startup founder, you can’t be working on everything at once while still maintaining a healthy life. You have to let go, hire an awesome team, and trust them to do their jobs.
What if you don’t have the money to hire a killer team? Well, then you should save up and hire some high-quality, amazing freelancers or find a co-founder with complementary skills. It can be done!
Are you thinking of creating a new startup?
Share your thoughts on starting up with us in the comments! We’d love to hear about what you’re planning on launching (or have already launched).