Why are you starting a company?
blog.1530technologies.com
blog.1530technologies.com
I am starting my next company (#3) (full-time this summer) because I'd like to see cloud computing/virtualized infrastructure made (more) secure, and applied to hard problems. I'd rather live in a world with this technology.
I'm willing to give up fairly comfortable 200-400k/yr. I believe the expected value per year at the startup exceeds that, but that isn't really a factor in my decision. I'd do it for free and wait tables to pay the rent.
Doing a startup only because you want the end result (exit) seems like a way to be miserable for most of your life.
Most don't get to either routes (they fail); others have to choose one over the other due to the nature of their product and market e.g., business software requires long sales cycles and a pipeline that takes many of these cycles to build (before you have any significant traction or equity), "generic" consumer Internet on other can mean sub $1.0 CPMs, requiring immense scale before profit (at which point a "for eye balls" sale sounds lucrative).
I also don't think the understands what fuck you money means. To some it may mean "serial enterprise" (and these people have generally built world changing companies as well as invested in others). To others that means enough money to develop your own Lisp dialect at your own pace instead of spending most of your day working only on the sort of software others would pay for (that is, freedom). They're both noble and respectable goals.
People who are interested in money for the sake of material wealth typically aren't technology entrepreneurs. I'd argue even Ellison and Gates would be technologists even if it didn't make them wealthy.
I believe the English one is "don't count your chickens before they've hatched" (i.e. don't count unhatched eggs). My local one is about the same, but more graphical: "don't count on the egg in the chicken's ass" ;-)
(Yes, I do have a weakness for proverbs.)
Employment is essentially the use of my skills as a kind of organizational machinery: sometimes this can be very valuable - more monetarily valuable than things I might do solo - and the work problems can be interesting, but it's not as personally fulfilling, because it's the company that gets to be influential to the world, not me personally, and the work done is usually a "right now" problem that in the very long term has an automated solution. That bugs me to no end.
So while I want some of the "lifestyle" business aspects, I also want some kind of ideological power in the long term to help others live a good and productive life. And I want my work to feel intimate, and to be made with artisan craftsmanship. This has led me pretty strongly towards making independent games; they're a great medium of expression and of teaching, and they have a lot of room for aesthetics. The work has essentially no upper limit on challenge and variation, and building with the market in mind is actually a helpful constraint on the "art" side of things.
I haven't gotten too far towards specific expression yet, but I think that is really going to come as a cumulation of everything else.
But what about the freedom to work on things that don't make money? This is the true purpose of seeking out "fuck you" money
If you are really productive, live a frugal life, and create a little residual income you can work on whatever you want.
Fuck you money doesn't have to be hundreds of millions of dollars, unless you want to support a wealthy/extravagant lifestyle. Then again, maybe you want an extravagant lifestyle and your own submarine. That's not any better or worse in itself than just wanting a frugal life.
How come you're capable of running a company but cannot find a job? Unless you live in a place with a very high unemployment rate, it doesn't sound right.
To take over the world.
The knowledge that I'm making money from something I created out of air gives me confidence in other areas of life.
The "take over the world" part is quite interesting, when you find something to work on which is largely virgin territory and it involves a significant part of the world population (in our case 40% or so). You just have to think a bit different.
And yes, it gives me a real kick to create something from chicken scratchings on the back of a paper napkin.