Are there any downsides in attending startup events?

Are there any downsides in attending startup events?

25 Oct 2014
| Last update: 23 Sep 2015

Startup events are a never ending issue. Every entrepreneur, or even people that aspire to become one, think of a startup event as the place to meet mentors, investors, or simply share ideas and make new friends. Still, everybody talks about the nice part of going to a startup event. But are there any negative aspects of attending these types of events? Let’s find out.

startup events[ Photo credits: Julia Buchner’s Flickr ]

What are the advantages of attending startup events?

Two months ago, I wrote an article on my top 5 reasons why you should attend a startup weekend. And you really can’t argue my reasons. They are all true. Sure, you can learn at home by yourself, but it’s more motivating if you do it with other people, plus you have fun too. If you stay at home, there will be lower chances of meeting a business partner or an investor. He won’t come knocking on your door when you least expect it. You need to go out and find him. Startup events put your limits to the test, and make you work under pressure. This could be a perfect time for you to work on that idea you’ve postponed for an year now. A startup event is where you’ll meet an awesome community, which you need to be a part of. People just like you, who seek for help, guidance, advice, and a business partner.

That being said, I’m sure that you wouldn’t want to miss on such a great opportunity. Oh, and on all the fun too! Business without fun is like eating when you have the flu: tasteless.

Can advantages become disadvantages?

Yes, they can. We’ve decided that startup events are a great idea, but attending them is not all you should be doing. That would just be a waste of your time, and I bet you don’t want that. Focus on events where you know what you’ll get, instead of going to all of them, and expect to meet people that will completely change your life.

Tracy DiNunzio, the founder and CEO of Tradesy.com, says in an article on Fast Company that “every minute is currency that you’ll never get back once it’s spent, so even your networking strategy has to be designed for maximum results with minimal resource drain“.

If you’re interested in a startup event, and your goal is to meet an investor, you need to check if there will be any, or if it’s just a waste of time. According to Tracy, the people that can make an impact on your business “don’t hit the town to seek out opportunity, because opportunity comes to them”. 

Your expectations will define what you make out of the eventstartup events

[ Photo credits: Julia Buchner’s Flickr ]

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The trick with startup events is to write down your goals before attending it. Why do you want to go? Who do you want to meet? Will it be worth your time? The only downside here is that, as Tracy said in her article, investors or business partners don’t have time to attend all sort of events, because they don’t really have to. So if your goal is to approach them, my advice is to first create an actual product, which you’ll be able to show them later on.

What is your experience with startup events? Do you attend them? Do you think they are worthy? Let me know what your thoughts are in the comments.

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Ana Darstaru

Content Writer at Squirrly
Ana has a strong sense of pragmatism and realism. Aside from the articles she writes for our lovely clients, she also loves testing new beauty products, and is obsessed with Pulp Fiction.
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