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Inc Magazine: "Lucky things happen to entrepreneurs who start fundamentally innovative, morally compelling, and philosophically positive companies."

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Re: Inc Magazine: "Lucky things happen to entrepreneurs who start fundamentally innovative, morally compelling, and philosophically positive companies."

#2
Tripod's Accidental Business Plan:

1. Hire Smart People

2. Employees Create Idea + Company

3. Sell Zero-Value, 1 million user startup for 60M$

4. New stock goes up 10x further

5. Sell half a billion in stock 3 months before the crash

6. Invest it all in real estate

And the author says, it's all luck. He doesn't have an ego.

Re: Inc Magazine: "Lucky things happen to entrepreneurs who start fundamentally innovative, morally compelling, and philosophically positive companies."

#3
"In 1991, as a college freshman, I had an idea for an online service offering "real life" education to college students: practical advice about jobs, personal finance, and health. I made the simple observations that no one was teaching us these subjects in the classroom, and that computers -- rather than books or TVs -- had become the primary medium of communication and entertainment."

That in itself is extraordinary for a college freshman in 1991.

Re: Inc Magazine: "Lucky things happen to entrepreneurs who start fundamentally innovative, morally compelling, and philosophically positive companies."

#4
post #3

"In 1991, as a college freshman, I had an idea for an online service offering "real life" education to college students: practical advice about jobs, personal finance, and health. I made the simple observations that no one was teaching us these subjects in the classroom, and that computers -- rather than books or TVs -- had become the primary medium of communication and entertainment." That in itself is extraordinary…

This article is insanely good. It's not a three paragraph blog post, it's a four page article from somebody who was there. Keep reading! :)

Re: Inc Magazine: "Lucky things happen to entrepreneurs who start fundamentally innovative, morally compelling, and philosophically positive companies."

#5
Thanks for the article. Bo Peabody is the newest addition to my list of awesome people.

One thing I find contradictory though, is that he says that amazing things happen when smart/inspired people get together, yet Village Ventures funds programs away from VC-filled cities, so companies can work from their local towns. While the argument for the "home setting" is there, this is the direct opposite of YC's mode of operation, and I cannot help but agree with YC more on this one.

Nevertheless, great guy, much respect. He'd make a great speaker not only for entrepreneurship but also life in general.

Re: Inc Magazine: "Lucky things happen to entrepreneurs who start fundamentally innovative, morally compelling, and philosophically positive companies."

#6
post #3

"In 1991, as a college freshman, I had an idea for an online service offering "real life" education to college students: practical advice about jobs, personal finance, and health. I made the simple observations that no one was teaching us these subjects in the classroom, and that computers -- rather than books or TVs -- had become the primary medium of communication and entertainment." That in itself is extraordinary…

Just FYI,

as a freshman in college 1991, he was about 21 years old. That's from wikipedia, which, by the way, is only a few sentences long. Talk about a low profile multimillionaire.

http://en.wikipedia.org/wiki/Bo_Peabody

Re: Inc Magazine: "Lucky things happen to entrepreneurs who start fundamentally innovative, morally compelling, and philosophically positive companies."

#7
post #4
post #3

"In 1991, as a college freshman, I had an idea for an online service offering "real life" education to college students: practical advice about jobs, personal finance, and health. I made the simple observations that no one was teaching us these subjects in the classroom, and that computers -- rather than books or TVs -- had become the primary medium of communication and entertainment." That in itself is extraordinary…

This article is insanely good. It's not a three paragraph blog post, it's a four page article from somebody who was there. Keep reading! :)

This guy's behind Village Ventures. Would've never known.

Small world:)

Re: Inc Magazine: "Lucky things happen to entrepreneurs who start fundamentally innovative, morally compelling, and philosophically positive companies."

#8
It reminds me of something I once read on a job posting:

"Cornell University is a bold, innovative, inclusive and dynamic teaching and research university where staff, faculty, and students alike are challenged to make an enduring contribution to the betterment of humanity."

Re: Inc Magazine: "Lucky things happen to entrepreneurs who start fundamentally innovative, morally compelling, and philosophically positive companies."

#9
post #8

It reminds me of something I once read on a job posting: "Cornell University is a bold, innovative, inclusive and dynamic teaching and research university where staff, faculty, and students alike are challenged to make an enduring contribution to the betterment of humanity."

As an alum, makes me wince. One of those "mission statements" where they have to get too much into one sentence, and it's all generic anyway.

Re: Inc Magazine: "Lucky things happen to entrepreneurs who start fundamentally innovative, morally compelling, and philosophically positive companies."

#10
Unfortunately the tech industry is full of ego maniacs who can't work well with others. It's something about working with computers that makes people think they're smarter than everyone else.
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