me, 2.0: jose nazario
beauty and the street
every now and then i start thinking about founding a startup (although
i'm not entirely sure about what it would do, i do have business ideas
from time to time). so, i went looking for some advice from the web on
starting a business.
i'm not leaving my job to start selling teddy bears on ebay, but i do
recognize you don't get rich (and hence retire early) by working for
someone else ... then again, i also recognize i lack business acumen.
- my startup life
covers some interesting time periods in the author's life when he started
his own product company ...
- stuff like this, specifically
"Believe in the impossible", really gets to me. useless information ... ok,
how about i believe that magic faries from the north pole will come in and
manage my projects to perfection for me just in the nick of time? impossible?
but you said to believe in that .. oh, you mean something more serious ...
so why didn't you say it?
guy who quit his day job and formed his own software busines, and
many of the lessons he's learning.
- the thing i like about the coffee republic story is
this quote: "I thought the market was heading that way, so I made a gut
instinct decision." backed up by market research and similar sanity, but
you get it: go to where the market will be, unless you think you can really
win against the established players in an existing market. would you try
and sell a new washing machine in this day and age? silly you ...
- stories like the founding
of PC magazine are the kind of thing i went looking for. "Too late,
David and I realized that we might have paired up with the wrong person."
- the budding manager in me likes the quote from this fast company
article, "The challenge is to find great people and then to inspire
and empower them." i'm big on empowering a team of people, instead of
having them mired in the day to day crap of trying to do things.
- every now and then you hear sage wisdom, and i think this tidbit
fits the bill: "The first of the three employees you hire should be the one
that will get you closest to generating sales so you can afford to hire the
other two." how many software companies that you know of have focused on
engineering only to wonder how they'll ever market and sell a product,
never mind build something a customer will want?
- stories like my
smartest mistake are also very telling. "We should have done it in
a methodical way -- tested the system, done some forecasting. But our
"mistake" also illustrated quite graphically that there was a demand
for this service, and that we were the ones to handle it." this is only
going to work if you can actually fix the scalability problems, keep customers
around to adopt the fixes, and move on to better things ...
- and if you need to just read a bunch of stuff (some good, some
useless), have a look at AOL's
small business website which covers stuff like this.
Last modified: Tuesday, Jun 21, 2005 @ 07:34am
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