anguslong
Joined 17 years ago
Joined 17 years ago
They avoid litigation (apparently) by open-sourcing their stack and charging for hosting/integration. Rails-based goodness.
[not affiliated - but was just identifying LMS options for a client]
RFP: https://www.fbo.gov/index?s=opportunity&mode=form&id...
I hope it's as helpful as the classic "If You Want to Write" by Brenda Euland -- which was written in 1938, but has aged very-very well. Originally found this book via Guy Kawasaki on his list of great books for entrepreneurs & creative types.
http://www.nytimes.com/2009/12/27/magazine/27ades-t.html
One heckuva salesman.
From the comments: SmartBear's measuring initial success as $360k ebitda ($30k a month). While arbitrary, seems a smart goal. Makes for a sustainable and salable business (with room for a bit of R&D and bonus structure).
Oh, and Austin FTW.
His personal goal of "vegan until 6" is an example. Veggies & fruit during the day, then a balanced dinner with protein.
A bit more detail and links to his sources (books): http://www.theglobeandmail.com/books/article967801.ece
"Hitched to Someone Else's Dream" http://www.inc.com/magazine/20080901/hitched-to-someone-else...
"I got sucked into his enterprise -- our livelihood now depended on it -- and though I had little input into its direction, I stood to lose everything if it failed."
Article echoes much of what my wife has dealt with in 15 years I've been building companies.
Yes. And jives with Kayak.com founder's Big Red Phone tactic:
"About a year ago, I bought a red telephone with a really loud ringer for the office. Whenever a customer calls the help number on our website, that phone rings. The engineers initially complained about it. They said, "That's so friggin' annoying!" And I'd say, "There's a really simple solution: Answer the friggin' phone and do whatever it takes to make that customer happy. Then hang up, unplug the phone, walk it down to the other end of the office, and plug it in down there."
http://www.inc.com/magazine/20100201/the-way-i-work-paul-eng...
Napkin math: sub-$100k RPE and your wee company is nominally profitable after salaries, fixed & variable costs. Greater than $100k per employee, profits scale nicely.
While nice to talk about the Goog's RPE ($1 mil '08), I prefer to "fish" for company ideas a little closer to Earth. For inspiration, Inc 5000 companies with 50 or fewer employees, sorted by revenue:
http://www.inc.com/inc5000/2009/search_results.html?showrank...
Alas, your garage idea might be the next step. (maybe a mobile geek-hut in the garage, with solatubes for a bit of natural light?)... hmmm
Business/startup/tech climate is strong. (btw: norm is mucho less of the douche than SXSW crowd)
Housing: we moved from Seattle. Home prices roughly half (in 'burbs, near exceptional schools). Taxes are roughly double -- a big reason for low home prices, besides all the cheap land.
Lifestyle: Austin's very similar in people-climate to Seattle. Active, outdoor-loving, low-key, friendly folks.
Climate: summer unbelievably hot, rest of the year, pretty fantastic (for a Seattle boy).
While I've seen a bit of the Red-State stereotype, personal freedom and a live and let live attitude (personally, in government, and business) is much more the norm -- and perhaps much of the reason for riding the recession a bit smoother.
https://www.linkedin.com/in/ranguslong