Launching a dream is like setting sail; you will never know the strength of your ship until it leaves the shore.
Dawn of a Dream
As the founder of Favoriot, I set out with a vision as vast and promising as the sea at dawn.
Charged with the excitement of innovation and the prospect of discovery, we hoisted our sails to capture business winds.
This was more than a job; it was a quest; the horizon was our starting line.
You will only know whether your ship will sail after it leaves the shores.
This is my story, and it can be yours too.
The Launch: A Moment of Triumph and Truth
A lighthouse doesn’t make the waves calm, but it offers guidance; our launch was that beacon amidst the storm of reality.
The launch of our product was a beacon lighting up our collective aspirations.
We were poised to deliver a solution we believed the market would embrace with open arms.
However, reality painted a different picture.
The expected flood of revenue was, in truth, a meager stream, barely enough to sustain our crew’s livelihood.
It was a humbling experience that brought introspection and a reevaluation of our journey.
Navigating the Depths of R&D
The greatest ships are built with sturdy engineering, but without a map, they wander aimlessly; innovation needs direction to thrive.
Engineers built our ship, which was engineered to perfection, or so we thought.
We were so engrossed in the sea of Research and development that we needed to chart a parallel course for commercial strategy.
Our oversight taught us that even the most innovative product needs a map for its journey through the marketplace.
Charting Uncharted Markets
As we began to navigate the market, our advancements felt like a mirage.
Potential customers would express interest only to fade away like a distant shoreline.
We seemed to sail in circles, catching glimpses of land but never reaching it.
Sailing uncharted markets requires not just a compass but the persistence to pursue the horizon even when it fades.
Catching the Trade Winds
Persistence fills the sails of innovation, turning the faintest breeze of interest into the gales of success.
Persistence, like the relentless wind, eventually filled our sales.
The tide began to turn as serious inquiries and requests for quotations materialized into sales.
These first few purchase orders were our North Star, guiding us to believe our path had merit.
Our first sale was the North Star, a sign that even in the vastness of the market, we were charting a course true.
The Currents of Confidence
With revenue streaming in, our ship steadied.
We now sailed with renewed purpose; our previous trials transformed into valuable experiences.
Our lessons in resilience, adaptability, and determination became our compass.
Reflections on the Voyage
Every hardship faced at sea is a crucible, forging the iron will of an enterprise; our journey has been the anvil of our resolve
Looking back on the turbulent beginnings of Favoriot, I see a journey that has been as rewarding as it was challenging.
The hardships we faced were the crucibles that forged our enterprise and spirit.
Navigational Beacons for New Entrepreneurs
- Charting the Unexpected: Revenue streams may not be immediate; set your sails for endurance.
- Balancing the Ship: Steer with a keen eye on R&D but maintain a course toward sound business and marketing strategies.
- Steadfast Sailing: Maintain course despite the cold winds of market indifference.
- Navigational Adjustments: Be willing to correct your course based on the winds of market feedback.
- The Captain’s Resolve: The storms will test you, but it’s the captain’s resolve that reaches the shore.
- The Quest for Market Fit: It’s a voyage, not a sprint; aligning your product with the market’s currents is an adventure.
Remember to Subscribe to receive email updates on every post I publish.
You can also follow my Medium Publications:
I have also published several eBooks, such as:
- IoT Notes,
- IoT: Beginner’s Guide
- Startup Survival
- Mastering IoT with Favoriot
- Your IoT Journey
- IoT Infographics — Your IoT Journey Guide
Or, if you prefer, check my bookstore at Gumroad — https://mazlanabbas.gumroad.com
Discover more from Dr. Mazlan Abbas
Subscribe to get the latest posts sent to your email.
Dr. Mazlan Abbas 