"There are about 50 or 60 people in this room right now. About 4 to 5 of you will make 10 million dollars; one of you will probably make 100 million. The great thing about this room is that you're all feeling sorry for everyone else." Steve Blank presentation at WealthFront found on HN
"The first milestone in the success of a startup is getting the product out the door and the second being getting revenue." by orky56 found on: Hacker News
"People usually consider making big decisions in terms of what they stand to lose or gain. But often times, the cost to consider is that of an opportunity not taken and a decision not made."
"The second sentence is even easier to deal with. There is no "one thing" that every passionate engineer cares about. Most likely passionate engineers do care about building and shipping products, but we also care about being healthy, having families, traveling and doing other human things that non-engineers also enjoy. Some people just cannot deal with the lifestyle of a startup for external reasons. Even if you decide to make all sacrifices because you really want to be involved in the building and shipping of a product, there are a few things you must know:"
Flies on the Wall"The USA is not the best place to earn money. My own experience suggests that at least Japan, New Zealand, and Australia can all be better. This may be shocking, but young professionals with advanced degrees can earn more discretionary income as a receptionist or a bartender in the Australian outback than as, say, a software engineer in the USA."
"After all, it is the American dream to pursue our passions and opportunities. When making that big, professional life decision, however, unless you have an angel investor, venture capitalist, or some pre-recession style bank loans, you're likely bootstrapping your vision yourself."
Get a foot up on the experience with: 10 Secrets For Bootstrapping Your Business, and remember:
"There are a hundred roads to Rome; the important thing is to get there, not to use the same road."
by: Herb Kelleher (b. 1931)
U.S. businessman and founder of Southwest Airlines.
International Organization and Dynamics(Autumn 1994)
"If you are new to negotiation, or feel it is an area where you can improve, check out these tips on precisely what not to say."
"I was asked by somebody recently in a private message on Quora about whether the individual should leave his comfortable job to become an entrepreneur. You would think the obvious thing I would tell somebody is, “yes, of course it’s a great idea.” You’d be surprised. I often advise against it. I really have to know somebody’s personal story and circumstances to know whether it is suitable for that person."
"Teaching entrepreneurship in middle school is an amazing achievement. But teaching it to young women is even better. Not all these girls will choose to be career professionals in a corporate world. But learning entrepreneurial thinking early can help regardless of your career choice, be it teacher, mother, doctor, lawyer or startup founder. They will forever know that starting a company is not something that only boys do, but was something they mastered in middle school."
At today's close: -Dec 03 Last $1414.50 Twentyfive pounds of gold equal $565,800.00 Anyone want to go to Alaska?