dqdo
Joined 12 years ago
Joined 12 years ago
1. Olin gives free tuition or reduced tuition leading to almost no debt. There is probably a positive correlation with not having school debt and starting companies.
2. Olin has a very small population size. The best and the worst cases can always be found in small sample sizes.
3. Schools such as Stanford, Berkeley, MIT, etc. have a wide range of students with wide range of interests. Most people do not go to these schools with the sole purpose of being an entrepreneur. There are many people that become doctors, writers, researchers, etc. and benefit society in other ways. Measuring just one narrow dimension may be understating contribution in other places.
4. Olin seems like a great place. It's small enough and independent enough to take chances in how it educates its students. Most older and more prestigious are more conservative in their teaching methods. Since Olin is fully endowed by one person with an open vision, they are able to do things that other institutions cannot.
Just a side note, most mediators are former lawyers. After many years of practice, they seek a better way to resolve conflicts. The pay isn't bad either.
One more thing. Randy is actually one of the best mediators in the world. After the 9/11 attacks in New York, Randy was called in to mediate and arbitrate the case with the insurance companies and tenants. After 2 years, they were able to come to an agreement and the resulting funds allowed for the area to be rebuilt.
http://www.wqsadr.com/randallwwulfffeescheduleandpolicies.ht...
You generally don't need a payment processor when starting out. The first ~200k in revenue can be done manually. Payment processing is something that takes time to do and most likely you will need to tweak it a few time as you figure out your business model.
>Paying for dev/design work by hour for a new startup is an insane concept to me now. There are always gonna be bugs, something that doesn’t work, something that needs to be added, etc.
Tech products are very complex. There are thousands of bugs and edge cases that needs to be resolved for a high quality product.
>And ideally, especially if you’re a non-tech founder like me, PARTNER.
One of the worst idea is to have non-technical people try to create a tech business without a strong technical co-founder. Imagine starting a dentistry office without any prior knowledge or a partner who is a dentist. Imagine trying to start a restaurant without a chef, etc. Creating a tech business is not a get rich plan. It takes a lot of skill, knowledge, and luck to get a business off the ground. Unfortunately, the media stories that we read make creating a great product or fundraising millions of dollars super easy. The reality is that running a start-up is probably one of the hardest things that one can do.
If you want to build for the web then I would recommend learning Javascript. You really can't avoid Javascript on the web so it is a good thing to learn it well. You can even learn Node in order to make it easier to set up a backend for your web app. The quickest way to get started with the web these days is to learn Javascript and use it with a Node server on the backend. There is a lot of noise in the Javascript community with tools such as React, Angular, Webpack, Typescripts, etc. that are very good for advanced production code. For a beginner, I recommend that you just stick with Jquery until you have to write a large codebase (>50,000 unique lines of code).
Python is just a pleasure to work with. I personally use Python to write code that solves math problems and to build small personal projects. Some people say that there is a problem with Python version 2 to 3 transition. As a new programmer this should not be a problem for you. Just start with Python 3. If there is a package that you want to use, it will probably be ported over soon. If you start with Python 2 then you will need to update your codebase for the transition which is neither fun nor worth your time as a beginner.
Ruby is a great scripting language. I think that many of the things that you can do with Python you can do just as well with Ruby. If you are already good at Ruby or know some people who can help you then you should go with Ruby. If you are new to both Ruby and Python, I would recommend learning Python since there are way more applications for Python (i.e., data science and machine learning).