BLOGARHYTHMS> 'S PICK OF THE DAY'S BEST BLOGS

It takes a village to raise a start-upGraham-45X64.jpg
Posted by Ian Graham

I read somewhere a while ago that all you need to grow a start-up is nerds and money. I am having some difficulties with that sentiment. If your intention is to develop some really cool technology and then sell to the highest bidder the nerds and money premise is probably OK. However, if your plan is to grow a successful business in it for the long haul, I have some issues with the nerd and money premise. My philosophy is based on the "It takes a village to raise a child" premise, insert start-up for child and there you go. Start-ups are essentially the children of the corporate world. Leave the nerds and money to their own devices and eventually they will starve or be adopted (acquired). "The Village" that I speak of is the start-up ecosystem. Let's state this again so the distinction between raising a start-up and developing technology for acquisition is clear. Nerds and money combination is basically a bunch of developers pounding out code so that they can then sell and market it to the highest bidder. There is nothing wrong with that and some people enjoy the thrill of developing stuff for financial gain. However, this is very different than growing a business to be successful on its own merits, building a team and creating a going concern. Click here to read more of Ian's blog.

Submit a comment

Please leave your name, which will be used to sign your submission to the SCANsite. Thanks for contributing your thoughts. Come back again. Tony Patterson, Editor & CEO.

© 2006 - 2009 SCAN
INTEGRITY INTELLIGENCE INFORMATION
Site by Citadel Rock
SCAN