This post is almost entirely dead WRONG. It's revenue that matters, period. "People" are not what matters. Satisfied customers matter. If you provide a product or service that people are willing to pay for, then nothing ... NOTHING can take that from you. You don't NEED investors. Get off that trip. This article mentioned that, "the reason Larry and Sergey are so rich is not so much that they've done work worth tens of billions of dollars, but that they were the first investors in Google." Sorry, but again WRONG. The reason they are so rich compared to the rest of us is that we've lost track of the concept that we live in a Shared Fate world. We're all in this together, but we've forgotten that fact. It is physically and philosophically IMPOSSIBLE for any individual human being to be worth BILLIONS more than any other human being. We all put our pants on one leg at a time and we all only have 24 hours in a day. "All men are created equal." Remember that? It's called the Declaration of Independence. I believe your writing eminates from the right motives, but it fosters many of the wrong reactions and sentiments. Find a customer. Provide what the customer requires. No customer, no business. End of story. Yes, this post is intentionally terse and dialectical in order to to elicit meaningful dialog instead of pointless ass kissing.
Why to Start a Startup in a Bad Economy
171–180 of 204 posts
Re: Why to Start a Startup in a Bad Economy
#172This post is almost entirely dead WRONG. It's revenue that matters, period. "People" are not what matters. Satisfied customers matter. If you provide a product or service that people are willing to pay for, then nothing ... NOTHING can take that from you. You don't NEED investors. Get off that trip. This article mentioned that, "the reason Larry and Sergey are so rich is not so much that they've done work worth tens…
I agree that felt-value constitutes reality in business, on both sides, the value of having a vendor and the value of having a client, both orbiting a meaningful transaction.
However I balk at the Declaration of Independence as the basis for this. It is part of cosmic law that seemingly disparate parts be unified as events in time and space.
The time prior to now was more available to this awareness, but incompletely conscious of this underlying basis for justice, commerce, etc. We have no pants, basically.
The internet has exposed this issue we have of whether to actually work for the true common good, for the Universal interest and no a niche freedom like americanic liberty or romantic imperial entitlement, or whether we are doing the fun thing - being king, being the man, being the world authority, but not the real, messy, selfless, egoless world leader. The leader serves the universal interest. The merely free do not have this underlying responsibility to the people. Whether in america, rome, babylon, sumaria, russia, the little people and the heavy heavies must be on the same platform, or there is no genuine premise of law.
So that is the dynamic under the problem internet companies have. Solving the underlying dynamic will be required to solve the problem on top - revenue. Once this dynamic of congruence with the universe fruits, as it is today, there will no longer be quixotism in human interactions.I agree that felt-value constitutes reality in business, on both sides, the value of having a vendor and the value of having a client, both orbiting a meaningful transaction.
However I balk at the Declaration of Independence as the basis for this. It is part of cosmic law that seemingly disparate parts be unified as events in time and space.
The time prior to now was more available to this awareness, but incompletely conscious of this underlying basis for justice, commerce, etc. We have no pants, basically.
The internet has exposed this issue we have of whether to actually work for the true common good, for the Universal interest and no a niche freedom like americanic liberty or romantic imperial entitlement, or whether we are doing the fun thing - being king, being the man, being the world authority, but not the real, messy, selfless, egoless world leader. The leader serves the universal interest. The merely free do not have this underlying responsibility to the people. Whether in america, rome, babylon, sumaria, russia, the little people and the heavy heavies must be on the same platform, or there is no genuine premise of law.
So that is the dynamic under the problem internet companies have. Solving the underlying dynamic will be required to solve the problem on top - revenue. Once this dynamic of congruence with the universe fruits, as it is today, there will no longer be quixotism in human interactions.
Re: Why to Start a Startup in a Bad Economy
#173This post is almost entirely dead WRONG. It's revenue that matters, period. "People" are not what matters. Satisfied customers matter. If you provide a product or service that people are willing to pay for, then nothing ... NOTHING can take that from you. You don't NEED investors. Get off that trip. This article mentioned that, "the reason Larry and Sergey are so rich is not so much that they've done work worth tens…
I agree that felt-value constitutes reality in business, on both sides, the value of having a vendor and the value of having a client, both orbiting a meaningful transaction. However I balk at the Declaration of Independence as the basis for this. It is part of cosmic law that seemingly disparate parts be unified as events in time and space. The time prior to now was more available to this awareness, but incompletely…
9Keme wrote, "The merely free do not have this underlying responsibility to the people."
Beautiful. Declaration of INTERdependence time?
Re: Why to Start a Startup in a Bad Economy
#174Good enough article, especially for "one step before" entrepreneurs.
Re: Why to Start a Startup in a Bad Economy
#175As usual, wise words. Thanks. ;)
You just reinforced what I have been saying to people about what I'm doing as a one-man startup with phreadz.com in these tough, cold times.
People are out there building, or trying to build solutions to problems I have already solved on my own. So, now I can save them a whole lot of time and money by providing a solution for them right now. Hopefully this will help get them where they want/need to be without over-spending.
Also, the fact that investors and clients will get a good deal now, if they jump on board now is a good thing, so we can all reap the benefits on the up-swing.
Thanks for yet another great article.
Kosso Founder : Phreadz.com
Re: Why to Start a Startup in a Bad Economy
#176In a bad economy, companies are busy trimming expenses and cutting staff. Finding a job is like finding a needle in a haystack. Why not start a start-up? If you are rolling down a mountain in a car that has no brakes, wouldn't you prefer to be the one behind the wheel? I would.
Re: Why to Start a Startup in a Bad Economy
#177These times are great and many of us are loving the recession. For some ideas how to startups should take this positively, see http://kaljundi.com/2008/10/28/10-reasons-startups-love-rece...
Re: Why to Start a Startup in a Bad Economy
#178excellent points!
One thing I would like to add: In India, during booming times one problem startups face is finding good people at affordable rates. The demand supply equation is so bad that someone with 2 years experience in any sort of hacking will land a job that pays x+n where x is the current pay and n substantial percentage of it. Now in tougher times people would be willing to join and also stick around.
Re: Why to Start a Startup in a Bad Economy
#179I believe that beyond 'creating a startup', it is rather INNOVATION that is something that is more than ever needed in times of crisis and recession. That is both true for startup companies and may be even more so for major corporations and brands.
And even more during deep crisis when internal resources are lacking and budget shrinking, major corporations will have no other choice than managing innovation in an 'Open and collaborative' new way, and especially collaborating with innovative startups... These major corporations will therefore have to transform themselves into 'Open innovation' champions faster than what they would have done in a more 'comfortable' economy.
From a crisis to an opportunity ?
PS: this change management mission is the 'raison d'etre' of bluenove (www.bluenove.com), and as its CEO and founder i still consider we are in a startup phase so this article is for the least quite supportive ;-)
Re: Why to Start a Startup in a Bad Economy
#180Russian translation of this essay is http://k-vladimir.blogspot.com/2008/11/blog-post.html">here.