For long time now I have been thinking to write about my experience at Sheritech.I had, and still have a lot of complaints but when I finally sat to write all I could remember was that I enjoyed my stay there. Question is why? Did I enjoy not getting paid or working long hours or working unpaid overtime. I think it was because I was in the company of my friends.
But this post is about "what went wrong" so I will try to stick to the topic :)
Generally people working in startups have stakes in them. This is what compensates for things like overtime and late or small salaries, and makes people, who are part of that startup, feel like they are doing it for nobody but themselves. And this was my and others (you know who) expectation from Sheritech but when things got documented we came to know that this was not the case. So obviously I started to look at things differently and i believe same is true for other people working there.
Startups require lot of hard work and little SLEEP. It is not possible for a startup to be successful when its CEO is almost never available (I believe you know the reasons for his unavailability :D). This thing wasted the best resource that we had and destroyed the office environment.
Startups require focus and determination. It is important to have a game plan before starting a new company. If one partner is thinking one thing and other is thinking another, it is never going to succeed.
Lastly and most importantly in any business owners/partners should be fair with each other and employees. You cant deceive people for long and it always ends badly when you try to.
The most important thing that I learnt from Sheritech and which I want to share is "Never ever work for your friend" because if you do you lose both.