Startup School 2009 Notes & Summary
journal.markbao.com
journal.markbao.com
But oy! Yell at me in private. mark[at]markbao[dot]com. I'd rather this thread be a discussion about Startup School than other issues such as this.
Full disclosure: I am a 30-year-old cynical bastard. :)
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also on his portfolio of startups: Mark Baio, Technology Entrepreneur, High School Student.
But in this case, he's not exactly flaunting it: it's in his bio which is ok. Plus, he's 17!
"We're fine with making mistakes and looking stupid. Eventually you get judged not by how you look, but by the value you provide to people. There's a lot of pressures inside companies where people want to optimize for how things look." -- Mark Zuckerberg
- The bootstrapped company starts off thinking: we need to make money.
- The funded company starts of thinking: we need to spend money. these investors have given us x million dollars—we should spend it!
I speak to so many aspiring web entrepreneurs who are spending way too much time searching for money when they should be using their skills to improve their products. If you want to start manufacturing widgets in a huge factory, that is a huge cap-ex. However, if you're building a web-service you can get a rough prototype out of the door - I'd say get it done.
IDEO's motto: "Prototype early & often"
I'll be following your work, interested to see how it goes for you.