Peter Marklund

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Wed April 26, 2006
The IT Business, Programming

Starting a Startup - Hard but Doable

Here are some encouraging words from Paul Graham's How to Start a Startup article (which will make you scroll through eternity):

"You need three things to create a successful startup: to start with good people, to make something customers actually want, and to spend as little money as possible. Most startups that fail do it because they fail at one of these. A startup that does all three will probably succeed.

And that's kind of exciting, when you think about it, because all three are doable. Hard, but doable. And since a startup that succeeds ordinarily makes its founders rich, that implies getting rich is doable too. Hard, but doable."

Interesting to see the Web 2.0 Startup Toplist as well for a list of successful startups.

From Paul Graham's Y Combinator:

"Y Combinator relies on certain premises: that open-source software and falling hardware prices means that tech start-ups are cheap to finance; that large companies are no longer at the forefront of innovation; and that mature technology companies find it cheaper to buy than to build."

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