You Dont Need a Good Idea To Start a Great Company

Post by eladgil » Fri, Jan 28, 2011, 4:04 PM UTC

hiroprot wrote: post #19

eladgil wrote: post #10

Earlier quoted context omitted.

:) Thanks for the points above. "Great market" /= "hot market" Great market to my mind is a market that has a lot of users who will use your product (and better yet, you can make money off of them using your product). Maybe I will write a post on how to identify a great market, as that is a pretty big topic. But one example is often markets where user behavior is fundamentally shifting, or where there is a sudden cha…

But one example is often markets where user behavior is fundamentally shifting, or where there is a sudden change (e.g. adoption of truly smart phones) leading to opportunity. Great point. A very good write-up on that is http://jasonlbaptiste.com/featured-articles/build-what-had-p... . Maybe I will write a post on how to identify a great market, as that is a pretty big topic. For what it's worth, I'd love to see you…

Thanks for the feedback! I will work on it :)

Post by Psyonic » Fri, Jan 28, 2011, 10:21 PM UTC

harryh wrote: post #33

Charuru wrote: post #16

Earlier quoted context omitted.

But that's implying that working at Google won't be as rewarding. There's a lot of pressure to execute and iterate and so on when you're doing a startup. People sometimes forget to sit down and relax. Being in a less risky, less stressful position at Google can give you the important insights you need when you really start your business. I also submit that it'll be easier to quit Google when you've discovered your ho…

"Being in a less risky, less stressful position at Google can give you the important insights you need when you really start your business." You could not be more wrong on this point. Being at google is a recipe for complacency. Quitting your job is incentive to actually figure out how to build something good. Because it's do that or fail.

If this is so, why are there so many startups started by ex-Googlers?

Re: You Dont Need a Good Idea To Start a Great Company

Re: You Dont Need a Good Idea To Start a Great Company