Hot answers tagged entrepreneurship
12
I found college very valuable. Not just for the education, but for the experience and the people I have met there. I started my current business with a friend I made in college and have started minor side projects with other college friends.
I would strongly suggest you stil read books on entrepreneurship, business, marketing, sales, economics and personal ...
9
Well, it depends on which definition of "startup" you have. :)
Perhaps these companies are smaller operations, which are mostly about you having a good time and learning a lot. In that case, as long as you don't over-promise to your partners and business associates, then no problem.
However, what I most likely think of when I hear the term "startup" is ...
3
There is nothing wrong in what you're doing. You're working, earning a decent living, learning new and cool stuff AND enjoying it all! Few people can claim that, so good job! If you are ambitious, then I would suggest keep an eye for something that might be a "big" business. Know that you might have to stop doing what you are doing to pursue that. Keep your ...
3
From my perspective, the main tenet of the E-Myth is to build systems. These systems allow others to do meaningful work and not have to rely on individuals to get things done.
It's application to a startup is limited since startups, by their nature, are dependent on people simply because it's a new venture trying to get off the ground.
Where the ...
3
To give you a feel for how "fuzzy" the concept of social entrepreneurship, I turn to the Wikipedias:
While a business entrepreneur typically measures performance in profit
and return, a social entrepreneur focuses on creating social capital.
Thus, the main aim of social entrepreneurship is to further social and
environmental goals.
Which is the ...
2
A lot of the "lean" methodologies actually came from manufacturing and quite specifically Toyota. http://en.wikipedia.org/wiki/Lean_manufacturing.
It's too big a topic to be able to give you an appropriate answer here that says "this is how you apply lean philosophies to manufacturing" but hunt around and I am sure you will find plenty of resources on it. ...
2
There are a lot of pages that provide for free many startup ideas (a classic example is http://ycombinator.com/ideas.html but you'll easily find several other pages full of ideas). Maybe you can get some inspiration there?
In the end, the idea is only the first step in your business and arguably not the most important one.
2
I think the most reliable business partners come from people you've had a long standing work relationship with, whether it be from school or at a previous company.
At 22, it would be a good time to join a startup even at the lowest level. The connections your going to make are worth more then any pay or equity your going to receive.
Twitter started while ...
2
So, did this person actually write your software or did they outsource it to this other developer? I don't think I would want to bring in a "technical" partner who isn't actually the programmer on the product. He will still have to pay his developer and if the future work is sweat equity then that probably won't work out very well because he still has to ...
1
While money can be a factor, most entrepreneurs I know (including myself) start a company because they really believe in something and are willing to go through great lengths of achieving that. Being an entrepreneur usually involves working for many hours a day but always in having heart for your product. There's no better explanation for this than the book ...
1
Where you mentioned being "more interested and passionate for development" swayed me. I would definitely run both simultaneously if you're finding your interest lies more on the mobile side of things.
A few things could happen:
1) The mobile side languishes, and you lose interest, where you'd still have your other business.
2) The mobile side takes off, ...
1
So, if I understand correctly what your asking is if a single app based on others API's can stand on it's own as a business or if it's simply a feature?
Let's leave out what it does but try and answer the above. You will hear from VC's and others to build rapidly and you can do that by leveraging others API's. Yet, those same VC's and others will ask you ...
1
Steve Blank is famous for rightly saying that entrepreneurs (startups) are companies searching for business models, while normal companies execute and grow existing business models.
I find it's a very accurate description.
1
Not sure I am totally getting your question but here are my thoughts:
I think it is primarily about innovation and improvement.
If you start a landscaping company today you aren't really innovating and being that entrepreneurial. Any business you get will be at the determent of another landscaping company. There isn't any creation of any 'new' jobs and ...
1
1) solve a problem for yourself... "need" is the mother of invention.
2) copy another idea... if you are good at executing. (Jordi's link)
3) immerse yourself in a specific sector of interest... "the best thing you could ever do for a job is match your skills, with your interests, with a market opportunity" --Tina Seelig, Director of Stanford's ...
Only top voted, non community-wiki answers of a minimum length are eligible
