It would be interesting to discover the value of the "network" in a startup. More than value, the question is - what kind of network helps. & I am discovering some stuff here. Lemme tell what kind of a network would help a wannabe "starter":
1. People with a network of very small designers, CAs, lawyers, company secretaries etc
2. Those with knowledge of pricing done by such smaller agencies
3. Those with the intent / desire to spend an hour a week on the idea at hand
& plus if you are not from a tech background, someone with understanding of tech pricing & products. Now, very less of the network you have if you are a typical MBA esp with banking/fin serv experience would be of this type.
Its not a crib session but really a direction on the kind of network one must try & build before making a decision to start something. I actually did build the odd contact in this direction like for e.g. a secretarial firm who I now use for incorporation etc. But I do realise that I could have done much much more in this direction as a preparation before starting out.
Trying now to tackle atleast the problem of the lack of cross functional expertise by "thinking" of bringing in such guys as advisors to the venture. Will see if & how that works out..
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