Tips for creating a profitable startup for every entrepreneur.

 Brian Helmick: Tips for Creating a Profitable Startup


If you’re not ready to be uncomfortable, you’re not ready to be an entrepreneur.
One of the dilemmas for many would-be entrepreneurs who think they have found an iteration of the next big thing is deciding how many people to share the idea with and when. They fear that someone with more resources might steal the idea, or that their concept in its early stages might be viewed as naïve or duplicative by potential investors.

But when Brian Helmick was trying to start a human resources platform for startups, the answer to that question was simple: Tell everybody and anybody. “There are so many situations where I looked back, and I said, [what] if I hadn’t had that conversation with that one random person that ended up, three or four steps later, leading to an introduction, a strategic partnership,” he says.

Helmick sat down for an interview with Stanford Business to talk about what makes a successful entrepreneur. Although he says there’s no formula for creating a profitable startup, here are some of his tips for success:

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