Unless you don’t own a television and never read the news online, you’re probably aware of the fame of the HBO series “Game of Thrones.” Set in a mythical land similar to Europe during the Middle Ages, “Game of Thrones” is an engrossing series that chronicles the struggles for power and the political wrangling that takes place in a kingdom rule through fear, military might, and backroom deals.
Even though it is a mythical television series, “Game of Thrones” has some lessons to offer to real-world entrepreneurs.
Whether you’ve watched every episode of the popular series or never seen a minute of footage, you can learn how to successfully guide your startup with a little help from “Game of Thrones.”
Your Startup, Established in Winterfell circa 2015
King’s Landing is a glamorous place to live, with all the amenities and comforts of city life. Winterfell, by comparison, is a rugged environment that requires a tough, determined outlook to survive in. When you launch a startup, your new business is going to exist in an environment like Winterfell. Growing that new business is going to be tough, and nothing will be as high-class as a Fortune 500 company.
However, that experience will make you tough. You’ll learn to be scrappy, discover the value of hard work and hustle, and learn a thing or two from your encounters with more powerful competitors.
Build a Team You Can Trust
To say that trust is vital to survival in “Game of Thrones” is a massive understatement. Trust, in that environment, literally means the difference between life and death. Every competitor in your industry is competing for visibility, power, and money. In order to survive this struggle for power, you need to build a team that consists of staff that you can trust. You want to hire those who not only believe in the product or service your company is offering, but also have the best interests of the company (not their own interests) in mind.
Find Your Dragons
OK, dragons don’t really exist. In this case, the dragons are a metaphor. In “Game of Thrones,” dragons alongside a small army strikes fear in the heart of even a larger army on the field of battle. Translated in the real world, your startup needs something that is unique in the industry. The most successful startups have a product or service that truly differentiates them from competitors within their industry.
Learn to Follow before You Lead
In the series, Jon Snow has all the determination to lead, but he lacks the experience and know-how to succeed. If you want to succeed with your own startup, you need to spend some time learning from someone who has already succeed in launching their own business. Find an entrepreneur with an established track record in your field, stick close to them, and learn the ropes before you strike out on your own.
Protect What’s Yours
Last but not least, from King’s Landing to Winterfell, the characters of “Game of Thrones” fight fiercely to protect what they have. You should do the same with your new startup. Establish a corporate identity and protect your personal assets by incorporating your new business with the help of Inc Plan (USA). Whether you form an LLC, S-corp, or C-corp, incorporating establishes the independence of your brand, allows you to protect personal assets, and adds substance to your product.