How to start a startup
by Volker Weber
This was probably the best piece I read in weeks. I was hooked after reading this:
You need three things to create a successful startup: to start with good people, to make something customers actually want, and to spend as little money as possible. Most startups that fail do it because they fail at one of these. A startup that does all three will probably succeed.
I agree with most of what he says. And I have seen a few failures, some recently. They all started with good people. Most of them built stuff that nobody really wanted (been there, done that myself), and a few spent the money too quickly.
I hope this does not scare you away:
A friend who started a company in Germany told me they do care about the paperwork there, and that there's more of it. Which helps explain why there are not more startups in Germany.
[via Wolfgang]
