Page 11 - The 7 Day Startup: You Don’t Learn Until You Launch - PDFDrive.com

My First Business Idea

In the year 2000 I was a long-haired twenty-year-old, struggling through a
business degree at university. Bored out of my brain, I needed to choose an
elective to make up for the courses I had failed, and stumbled across a brand new
subject called “Entrepreneurship.”

I dreamed of launching and running my own successful startup.

The objective was to come up with a business idea and plan how to make it
happen. I figured it made sense to choose at least one course that taught me
about starting and running a business, since that is what I was studying.

At that time you used Dogpile or Hotbot to search the web. There wasn’t much
there; all the good stuff was in the library. One day I came across a publication
called the Ultimate HR Manual. As a Human Resources major, I hid it behind a
stack of musty books in the never-used frog anatomy section. It couldn’t leave
the building — it was too powerful.

The manual held all the secrets for managing human resources. It outlined
exactly how to hire and fire, how to recruit amazing talent, how to manage
change, how to build a team, and how to train. It was the holy grail of HR.

I needed a business idea for my course, and after I discovered the HR manual, it
dawned on me:

What if I put the HR manual… online?

I could create a site where business owners could access all the forms and
processes required for best practicing HR, including position descriptions,
employee surveys, HR Audits, and training programs. That would be cool!
Wouldn’t it?

My first business idea was born.