mufumbo
Joined 16 years ago
Joined 16 years ago
As an engineer, my observation and pattern matching skills are pretty good, so I am only describing what I observed by analysing "successful" entrepreneurs. I'm probably different, because I arrived to the Bay Area only five years ago. It may not be clear to you if you always lived and worked here.
In any case, depends how you define success? The author of the thread is also an engineer that codes, so I am guessing his definition of "come to fruition" would be an exit where he can cash-in more than $10mm.
What's the aggregate number of engineers who made a satisfactory exit? Is it "statistically significant" to you?
I did that formula for the past year and was very lucky that it worked before 5 years. Although, I was planning to "exit" in 10 years.
I just googled "startup persistence" and look what comes out in point 5 and 6: http://www.paulgraham.com/really.html
Are you able to focus on only one thing and for more than 5 years? Almost nothing extraordinary can happen before 5 years. Even if you sell before.
Example: I am 99% sure I can make millions of dollars if I go on my yard and start making a hole in the floor. Although, here are the constraints: - working 18 hours a day. - every day and 7 days a week. No vacation.
Are you able to accept the constraints?
This come back to this: passion never fails.
I wish you the best luck on your next thing.
structured - If you see dirty points showing your hands resting while thinking.
go with the flow - No dirty points. You usually go to grab a tea or coffee whenever you want to think more deeply.
Now doing a new startup. Launched on November, so help us grow: http://www.allthecooks.com/download
Anyway, you MUST make commit an habit. If you're into gamification, force yourself to do that and you won't regret.
If you got a C&D as well and isn't happy about it, you should go ahead and make a better product. Otherwise you can go to work for one of their competitors. That's the beauty of being a hacker.
Just make it sure that online classifieds is your passion.