The difference between working for a company and starting up your company is that cashflow will always be tight for any start-up. Instead of being able to pick up and call for support or to ask and pay for external help, things will have to be done by yourself to by-pass the cash-flow problems. It does indeed feel like several departments on one head and its when you start envying Shiva will you know that you are A START UP ENTREPRENEUR.
Thinking back on the my past year in starting up BEEcycle I was required to:
- Incorporate the Company
- Manage finance and account
- Market research (although I did have a student helping me, thanks Lucia)
- Apply for funding/business plan writing
- Read up legislations
- Scientific and technical research
- Develop products
- Design marketing materials
- Creating educational materials
- Design Webpage (with my amateur skills, this was the most time consuming and frustrating part of the whole list, yet most fulfilling with results)
- Network and establish link with suppliers/consumers
- Sales and presentations
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