11–20 of 69 posts
Startups should be based on an opportunity to solve a problem, not "wanting to do a startup." Check your motivations.
Out of all the ways to verb the concept of creating a high-velocity, high-agility, growth-oriented company, "do a startup" might qualify as one of the worst.
Excuse Number Five: who is going to pay my mortgage for the next 18 months? Unfortunately, the Western world's mindset of house ownership means that most people who want to do something different generally can't do so until their 50s. Solving that might stimulate innovation and start-up creation. Imagine an environment where basic accommodation and sustenance was available to everyone. People would have the freedom a…
If you are single you can probably move in with parents or a friend to save on costs, but that is almost impossible if you have a spouse and kids.
There is a very good reason behind home ownership: After 30 years of mortgage payments, you own a house. After 30 years of rent, you have nothing.
Hey hotshot. How about less blogging and more work on your darn company? I tried using it to find office space repeatedly.. No good.
I would love to see if I can help you with your office search. Contact info is in my HN profile. As for blogging. It's core to who I am. I did it before 42Floors, and I'll continue to do it for as long as it brings me meaning. I've long since understood not everyone appreciates it. But I do.
The 4 reasons you listed were the exact reasons I was waiting to take the leap. I've finally found enough ways to mitigate the "risk" of starting.
Let me know if you can chat some more.
Excuse Number Five: who is going to pay my mortgage for the next 18 months? Unfortunately, the Western world's mindset of house ownership means that most people who want to do something different generally can't do so until their 50s. Solving that might stimulate innovation and start-up creation. Imagine an environment where basic accommodation and sustenance was available to everyone. People would have the freedom a…
Excuse Number Five: who is going to pay my mortgage for the next 18 months? Unfortunately, the Western world's mindset of house ownership means that most people who want to do something different generally can't do so until their 50s. Solving that might stimulate innovation and start-up creation. Imagine an environment where basic accommodation and sustenance was available to everyone. People would have the freedom a…
Excuse Number Five: who is going to pay my mortgage for the next 18 months? Unfortunately, the Western world's mindset of house ownership means that most people who want to do something different generally can't do so until their 50s. Solving that might stimulate innovation and start-up creation. Imagine an environment where basic accommodation and sustenance was available to everyone. People would have the freedom a…
Startups should be based on an opportunity to solve a problem, not "wanting to do a startup." Check your motivations.
That's a fair warning. I would also say that business in general is an opportunity to solve problems. Startups are a subset in which that opportunity starts with no resources. The big change over the last few years is that starting with no resources has become less of an obstacle.
Taking his reasoning a step further... Look what companies like Google and Amazon were able to accomplish starting in tougher times. Now it is much easier to start something new.
Excuse Number 6: Health Insurance. I've saved enough to cover my mortgage & living expenses for a year. What I haven't saved for is an insurance plan that will not bankrupt my family if one of us has the unfortunate timing of getting in a car accident or gets cancer while I'm trying to start a business.