Seeing how successful companies work is extremely valuable. No company is perfect so you get to see what works and what does not. If your idea is something highly technical, then the degree (or equivalent experience) is very important. Name one highly successful company whose product is highly technical where the founder was not also technical? I cannot think of one myself.
Student Entrepreneurs: If Peter Thiel Calls, Hang Up
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Re: Student Entrepreneurs: If Peter Thiel Calls, Hang Up
#12Seeing how successful companies work is extremely valuable. No company is perfect so you get to see what works and what does not. If your idea is something highly technical, then the degree (or equivalent experience) is very important. Name one highly successful company whose product is highly technical where the founder was not also technical? I cannot think of one myself.
apple?
Re: Student Entrepreneurs: If Peter Thiel Calls, Hang Up
#13"Management is a tremendously undervalued skill on the tech startup scene, and that single fact contributes, I believe, to the failure of more companies than any other factor." Truth.
If a company let's children be managers without any prior experience or training, the company should force all their child prodigies to at a minimum read http://www.amazon.com/Great-Danes-Barrons-Dog-Bibles/dp/0764...
Re: Student Entrepreneurs: If Peter Thiel Calls, Hang Up
#14...Says the man who went to school when the opportunity cost wasn't a decade in debt (at the very least). If you succeed, then you didn't need school. If you fail, then you can always go back to school afterwards. I don't see the downside of the Thiel fellowship, at least on its surface.
Re: Student Entrepreneurs: If Peter Thiel Calls, Hang Up
#15Re: Student Entrepreneurs: If Peter Thiel Calls, Hang Up
#16Earlier quoted context omitted.
If a company let's children be managers without any prior experience or training, the company should force all their child prodigies to at a minimum read http://www.amazon.com/Great-Danes-Barrons-Dog-Bibles/dp/0764...
Why?
Re: Student Entrepreneurs: If Peter Thiel Calls, Hang Up
#17Earlier quoted context omitted.
Why?
If you can't learn how to manage a dog, what hope do you have in managing multiple divergent human personalities?
Re: Student Entrepreneurs: If Peter Thiel Calls, Hang Up
#18...Says the man who went to school when the opportunity cost wasn't a decade in debt (at the very least). If you succeed, then you didn't need school. If you fail, then you can always go back to school afterwards. I don't see the downside of the Thiel fellowship, at least on its surface.
Re: Student Entrepreneurs: If Peter Thiel Calls, Hang Up
#19"Management is a tremendously undervalued skill on the tech startup scene, and that single fact contributes, I believe, to the failure of more companies than any other factor." Truth.
I would suspect that poor management is a contributor to high-profile failures. But only a minor factor for startups in general. Not making something people want, and giving up too early, are far more critical problems for early-stage companies than mismanagement, and there are a lot more early-stage companies than later stage ones.