Simon Willison’s Weblog

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Entries tagged entrepreneurship, business

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What’s the first thing you would check if the company is losing money even though there’s a big increase in its revenue?

The company’s expenses.

[... 31 words]

What should be my strategy to become a tech entrepreneur?

Go and work for an early-stage startup. Pick well and you’ll learn a ridiculous amount in a very short space of time: excellent preparation for later striking out on your own.

[... 47 words]

Is it possible to run a successful company without being unethical or operating on the fringes of the law?

There is nothing inherently unethical about entrepreneurship. Find a problem people have. Figure out how much money solving it will save them (or help them make). Charge them less than that.

[... 108 words]

How can I sell an idea to investors?

At minimum: build a prototype. If you really want then to take seriously, launch a first version and demonstrate traction.

[... 34 words]

What’s an idea worth?

I like Derek Siver’s model proposed here: http://sivers.org/multiply

[... 77 words]

Does Y Combinator ever fund British startups?

Yes. Our startup http://lanyrd.com/ went through Y Combinator Winter 2011 (Jan to March this year) and we’re a pair of UK co-founders. We’re back in London now.

[... 41 words]

What are the main things a non-technical co-founder of a tech company should focus on while the site is still being developed?

Building the right product.

[... 32 words]

Is it a good idea for new start-up to outsource Software/App Development?

It depends on what you mean by “outsourcing”.

[... 130 words]