Tuesday, January 28, 2014

Startup.com Documentary

Startup.com is a documentary about two childhood best friends Kaliel Tuzman and Tom Herman that had an idea to start a website during the dot-com boom. The website would be a portal that would allow you to pay parking tickets and handle other government related business over the internet. Starting this website called GovWorks.com wasn't going to be an easy task, in fact in the documentary Kaliel mentioned it was one of the hardest things he's ever had to do. The growth of the business was the most surprising factor to me, and how it was portrayed within the documentary. The company begins with eight employees and rockets to 233 employees and towards the end dips to an unbelievably low number.

There are a few valuable lessons i've learned from watching this documentary. I actually watched again when i got home that night on youtube. I learned that believing in an idea and running with it is the most important aspect in entrepreneurship. At first no one believed in their idea, but the persistency and drive those gentleman had was insurmountable, you can see that they really believed in the product and when no one else gave them a chance they kept on knocking on more doors. I learned the importance of valuing relationships and also where to draw the line between business and friendship. In the movie, Kaliel had to get rid of Tom because his part of the business wasn't performing and advancing the way the envisioned it should. In order to progress the business and move forward, Kaliel was faced with the toughest task of getting rid of his long time childhood friend Tom.

As the story progresses, we get to witness the rise and fall of this company. One key downfall that was interesting was when someone broke in to the building and ravaged the office and stole some confidential information. The suspect was never found, i for one, think that it was the competition that committed the crime because prior to the event taking place Kaliel invited the competitor to the office and gave him a tour of the facility. That idea would only make sense simply because no one else had an extensive overview of the office as much as the competitor did. Overall, it was a great film and i wouldn't mind watching it over and over again. 

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