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Hacker Entrepreneur in Residence

news.ycombinator.com

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Re: Hacker Entrepreneur in Residence

#11

Post by comforteagle »

wheels wrote: post #9
swombat wrote: post #6

Earlier quoted context omitted.

Process most people follow: Step 1: Great idea Step 2: Find people to build it Process smart people follow: Step 1: Great people Step 2: Find something to build

Process only stupid people follow: jump into something without having any idea what it is. I think the poster means well, and good on him for that, but there needs to be more information if he wants to attract folks.

I'm adding info from feedback. This is a new idea for me so it's difficult to anticipate what people want to know.

Also, I'm not exactly stupid, just willing to take a risk.

Re: Hacker Entrepreneur in Residence

#12

Post by comforteagle »

wheels wrote: post #10
comforteagle wrote: post #7

Earlier quoted context omitted.

What do you get out of it?: Great products/apps What do you require of said hacker?: Build Interesting Stuff Do want partial ownership or just someone to bounce ideas off of?: Partial Ownership. What do you mean by in-residence combined with we-don't-care-where-you-live? It means you're a part of our existing company charged with acting & creating like an entrepreneur. Basically you get a salary to work on your cool…

Ok, now I get it. You're more or less looking to hire a zany creative person to bring in some creative energy. Which is cool. That said, in my opinion, the suspense, and really, the hard part, of being an entrepreneur is figuring out how to get a business to fly. Ideas and implementing them is the easy part. :-)

My feeling and experience has been that you have to iterate through enough ideas until you find one that actually works. Good ideas fail too.

Re: Hacker Entrepreneur in Residence

#13

Post by wheels »

comforteagle wrote: post #11
wheels wrote: post #9

Earlier quoted context omitted.

Process only stupid people follow: jump into something without having any idea what it is. I think the poster means well, and good on him for that, but there needs to be more information if he wants to attract folks.

I'm adding info from feedback. This is a new idea for me so it's difficult to anticipate what people want to know. Also, I'm not exactly stupid, just willing to take a risk.

Oh, I wasn't implying that you're stupid -- just that anyone would be to get particularly excited about your idea with the original info. :-)

Re: Hacker Entrepreneur in Residence

#14

Post by comforteagle »

wheels wrote: post #13
comforteagle wrote: post #11

Earlier quoted context omitted.

I'm adding info from feedback. This is a new idea for me so it's difficult to anticipate what people want to know. Also, I'm not exactly stupid, just willing to take a risk.

Oh, I wasn't implying that you're stupid -- just that anyone would be to get particularly excited about your idea with the original info. :-)

Gotcha. I'm hoping to flesh our more details from feedback.

Re: Hacker Entrepreneur in Residence

#15

Post by webwright »

This looks like a cool op. 99.9% of people can't afford to do a startup unless it has near-zero costs.

Of course, a lot of what makes startups succeed is scarcity of resources and fear of imminent and public failure. You're taking that away and functionally creating an incubator, which have long histories of producing mediocre startups/products.

If I were you, I'd adjust it to: 1) Pay bread/water wages. 2) Give them skin in the game (equity). As much as you can stand. 3) Tell them they have 6 months to build something people want/like or their salary goes to zero and they can continue on like any other entrepreneur (for the love/belief in the project and the hope that they can make it go big). 4) Hire 2 people, not one.

Re: Hacker Entrepreneur in Residence

#16

Post by comforteagle »

webwright wrote: post #15

This looks like a cool op. 99.9% of people can't afford to do a startup unless it has near-zero costs. Of course, a lot of what makes startups succeed is scarcity of resources and fear of imminent and public failure. You're taking that away and functionally creating an incubator, which have long histories of producing mediocre startups/products. If I were you, I'd adjust it to: 1) Pay bread/water wages. 2) Give them…

Interesting. I am willing to do exactly this if more feedback comes in supporting it vs what I'm currently proposing. Thanks Tony.
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