JOBSEARCH: Build a inet biz; it may take off

Monday, May 3, 2010

http://techcrunch.com/2010/05/01/advice-from-founders-who-bootstrapped-their-way-to-success-2

Advice From Founders Who Bootstrapped Their Way to Success
by Vivek Wadhwa on May 1, 2010

*** begin quote ***

It was founded in 2000, after Nickell, then a 20-year-old web developer, won a t-shirt-design contest. With an investment of $1000, he built a website to which people submitted t-shirt designs, and the favorites were printed in limited-edition runs. In 2006, the company had gained traction, was generating nearly $10 million in revenue, and took a small investment from Insight Venture Partners.

My Q&A with Jake:

Would you have taken a VC investment if you could have, when you started?

Definitely not, as I was starting a hobby and not a business. It’s kind of like asking if I would consider a VC investment to help me start learning to skateboard. Sure, I’d spend a couple hundred bucks on a board, some pads and maybe some materials to build a ramp, but I’m not looking for millions or even hundreds or tens of thousands to just create something for fun. Even if I was starting a business, I don’t think I was raised that way or have that type of personality. I didn’t even have my first credit card until I was maybe 23, so I really just don’t do well with spending money I don’t have.

*** end quote ***

This timely post reinforces my formula points #5 and #6. (imho)

Success for your generation is:

{Extraneous Deleted}

(5) one or more internet based businesses — your store is always open;

(6) a free time hobby that generates income;

{Extraneous Deleted}

In the cited example, the hobby became his internet business and it carried him away. We should all be so lucky.

But don’t over look the essential point, bootstrap a hobby into a source of income.

Thanks to my old workmate Vivek. Guess I should have listened to him more when we worked together. Who knew he was so smart?

(Sotto voce: He didn’t seem that smart at the time.)

ROFL!

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INSPIRATIONAL: My Summertime friends

Monday, May 3, 2010

One of the interesting parts of owning a “summer home” is neighbors.

You become attached, involved, and friends.

But, only for the “summer”.

That’s defined for us from when we turn the water on to when we turn it off.

Each spring, we sort of hold our breaths while we find out if everyone survived. As one of the “younger couples” on the street, each year we dread losing a few neighbors.

“Life goes on.”

Some of the neighbors are like us and open up asap and close as late as possible.

(I wish it was year round. Virtually no people in the winter. Perfect for an ITSJ like me.)

When one of my neighbors was AWOL, I decided to break my own rules about phones — I didn’t have her email — and call. With some trepidation.

(Our “rutgers womens bball games” friends have also suffered the fate of old age and passed. We have a similar dread of the first game each season to see who didn’t make it.)

So I called fearing the worst.

But it was good news, there’s a baby on the way. So we’ll have a baby next door this summer. Great. It means life goes on. And, someone to inherit that family’s summer home.

And, maybe some one to mark when our time comes.

I informed the lady in question about the direct path to my will for children named “Ferdinand”. She thanked me for a good belly laugh.

That’s me just spreading humor around.

When I introduced myself as “her favorite author calling”, she laughingly told me that I was the only author she knew. (She’ll have to get out more.) And, she too had an excuse for not reading it over the winter. Pregnancy. Guess you have to keep your priorities straight.

She should have read the book! ROFL.

Great news!

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POLITICAL: Thinking about “fair”!

Monday, May 3, 2010

I was watching an old episode of Family Fued and one of the questions spurred a RANT. Really political.

“What do you think is a fair salary for a new teacher?”

Arghhhhhh!

Regardless of the answer, this had so many “teachable moments” it was astonishing.

(1) Opinions are like …, everyone has one. Who cares what people think is “fair”? The ONLY “fair” price is one that is freely offered and accepted. A marketplace establish what is “fair” better than any vote or opinion.

(2) The teacher is an employee of the gooferment. With a capturing captive union that exerts tremendous political pressure. Starting salary is political. Very political.

(3) The salary of day care “teachers” is by definition “fair”. And, much lower than that of “real teachers”. Why do we have gooferment “education”? I’d call it “youth propaganda prisons”. And we sneered at the Communists and their “political reeducation camps”; what’s different?

(4) The whole education system isn’t “fair”. I don’t decide ANYTHING in a child’s life, but I’m forced to pay for their education. That ain’t “fair”.

Argh!

Did I miss anything?

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FUN: 57 PIC from Mom’s stash

Monday, May 3, 2010

1957-DEC-XX Oregon Photo

My father, who everyone called “Ferdie”, my paternal grandmother Marie, me, and an unknown person.

Going through my Mom’s old pictures. Too bad people don’t write the names, date, and place. Start now to memorialize your history.

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