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Ask HN: Why don't more web developers found startups?

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41–49 of 49 posts

Re: Ask HN: Why don't more web developers found startups?

#41
post #38
post #32

Only some people are wired for it. My wife is smart, hard-working, and has skills that would translate into much higher paychecks if she worked for herself. Even her hobbies could make her lots of money. I've tried numerous times to get her to start her own business, because I find entrepreneurship so fulfilling and I love the freedom and the challenges. I want to share the feeling with her and, frankly, I also want…

I find it hard to believe you were making over $480,000 a year and your wife insisted you get a second job making $10 an hour. Perhaps your calculations are off.

No, my calculations are not off. But thanks for the math check :-P

I understand the ridiculousness of what I'm saying. That is my f0Rking point. My wife is emotional and irrational about money, and especially so about having a CONSISTENT paycheck. [This is the same woman that actually thought briefly about declaring bankruptcy when she was younger, despite the fact that she had a large number of shares in a major bank at the time. It never entered her mind to sell the shares, because her grandfather had been president of the bank some time during the '70s, so the shares were "sentimental" and part of her "family heritage." Never mind the fact that she really needed the money, and the bank stock was starting to tank anyway.]

My wife is a wonderful, compassionate woman...so I try to overlook her big weird money issues.

She didn't specifically ask me to get a job making just $10/hr...that's just the way it worked out. She asked me to get a "low-stress" job that I could work after having worked 60-70 hours a week on my own business. It had to be a job that I was qualified to do, and that offered (backup) health insurance. Since we lived in a somewhat rural area at the time, the only option was a nightshift job at a local hotel...and I started at $7.48/hr. I ended up making ALMOST $10/hr. And it was NOT "low-stress" (I was slapped, spit on, robbed, etc. during my employment there.) The big perk while I worked there was that I could stay at almost any Hilton property in the world for just $29 a night, which helped me immensely when I was traveling for my own company. I worked that second job for exactly 4 years and 11 months. Even after I was making millions a year. And I never actually made it to a FULL $10 an hour there. I think I topped out at $9.95/hr.

The only reason I STILL don't have a second job is that I had a serious illness and could barely even work at my own company. My wife also had cancer, and she started to re-evaluate her irrational fears.

Re: Ask HN: Why don't more web developers found startups?

#42
post #32

Only some people are wired for it. My wife is smart, hard-working, and has skills that would translate into much higher paychecks if she worked for herself. Even her hobbies could make her lots of money. I've tried numerous times to get her to start her own business, because I find entrepreneurship so fulfilling and I love the freedom and the challenges. I want to share the feeling with her and, frankly, I also want…

This is an excellent post, thank you.

Re: Ask HN: Why don't more web developers found startups?

#43
post #37

Earlier quoted context omitted.

Do you think it's really enough money to do 3 month full time commitment? (I have family, not enough saving)

that amount of money is that ridicusly small in order to attract only students out of school. I can't think of anybody with solid experience using YC. 15k is enough for 3 students for 3 months. Somebody that has been working for a while, has probably a lot more money than that. I have friends that saved money, quit, and now are doing their startup and living off their savings. The only thing that YC might be usefull…

The founders out of school (or still in school) get the most publicity, but I'd guess that the median YC founder has been out of college for at least a couple, if not several years.

YC would probably like to think its value-add is far beyond the money it provides.

Re: Ask HN: Why don't more web developers found startups?

#44
post #27

Earlier quoted context omitted.

Most of them are simple in concept, but big in opportunity. For example, an iPhone review website. The opportunity there is huge. You have tons of people who need to get more/better info about apps before they buy than the app store currently offers. The business idea is very simple. Build a good review site, promote it, most likely rely on an advertising model. Based on how quickly the iPhone market is growing, I th…

No! Please get started! I'd love some good ideas! I wish I had more.

I don't want to sound to obvious but one of you guys is a woz looking for a jobs and the other is a jobs looking for a woz. Why don't you two get together and do something. For the one that isn't a coder, learn how to market your product online and become an expert at that. One coder, one marketer, one good idea. go for it.

Re: Ask HN: Why don't more web developers found startups?

#45
post #15

Earlier quoted context omitted.

Thanks, I already applied last year. Not going for the gold again this year. Would rather just do it myself.

YC means that you aren't doing it yourself?

No. YC is empowering, you are definitely doing it yourself with YC.

To be more specific, my idea hasn't changed, I have personally grown (before I felt YC would 'validate' my idea) and I don't believe that I would be accepted (in other words I don't want to be rejected again). I plan to 'just do it' myself and try to use the resources (my own money) and contacts( people here in the news.yc community) available to me to create something valuable that people will pay to use.

Re: Ask HN: Why don't more web developers found startups?

#46
post #19
post #8

I am not making the leap because I don't have enough reserve money saved up.

How much is enough? It is really hard to justify quitting and not bringing in any money regardless of how much you have in the bank and how much you spend per month. Ie. is 24 x monthly expenses enough? Even once you have enough saved up shutting down that influx of cash is hard.

Enough is like 15k.

I'm developing the app now, and it's an app that people would (hypothetically) pay for. So cash should flow within 2-3 months(based off prev experience of selling things online) after I launch.

and if I need a cash infusion I can consult/contract for 1 - 2 weeks.

Re: Ask HN: Why don't more web developers found startups?

#47
The ability to sling code by itself is not good criteria for building a company. Just like being a good cook doesn't make you well equipped to own a restaurant. If your friend is happy with his current situation, makes a decent living doing it, why would he change it?

Re: Ask HN: Why don't more web developers found startups?

#48
post #31

Earlier quoted context omitted.

Do you think it's really enough money to do 3 month full time commitment? (I have family, not enough saving)

No, it's definitely not. So where's the YC clone that does $80k per founder? I'd bet they will achieve a significantly higher success rate than YC does. More experienced, hungrier, stable founders who are highly motivated not to return to their cubes because they already know how much it sucks.

> More experienced, hungrier, stable founders who are highly motivated not to return to their cubes because they already know how much it sucks.

I conjecture that these kinds of people will tend to be more risk averse and that the group will have a better median result (and higher success rate).

But startup successes can be massive and a better strategy might be to chase the blockbusters with younger people.

Re: Ask HN: Why don't more web developers found startups?

#49
post #44
post #27

Earlier quoted context omitted.

No! Please get started! I'd love some good ideas! I wish I had more.

I don't want to sound to obvious but one of you guys is a woz looking for a jobs and the other is a jobs looking for a woz. Why don't you two get together and do something. For the one that isn't a coder, learn how to market your product online and become an expert at that. One coder, one marketer, one good idea. go for it.

Haha, Hacker News Collaboration! You got mad web development or iPhone programming skills bapbap?
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