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Yeh, that's an awesome idea - let's get rid of the insights Ford gained from the assembly line and toss out about a century's worth of industrial progress and a
by NSX2 19y ago
Yeh, that's an awesome idea - let's get rid of the insights Ford gained from the assembly line and toss out about a century's worth of industrial progress and all drop what we're doing and waste time re-inventing each other's wheels. That will really help bring thing about much more efficiently. Tell me, once you're done with your product, do you see yourself going to a VC for funding only to have the VC tell you in return, "You want money from me? Well, I don't know - if you're willing to spend years learning how to raise money from institutional investors all over the world, I might be willing to look at your proposal, otherwise, well, it's not worth it for me."
Maybe you need a CEO with relevant experience. I hope the people who you approach turn around and tell you, "Gee, you're a noob when it comes to building/growing/managing a business - tell you what, why don't you first invest some time and become an executive at a Fortune 500 company like me, then I'll consider helping you out by adding my credibility to your "startup" which is basically just a bunch of code. Call me in 10 years when you're the EVP of a company whose products I use."
This is why we need "big idea business people." Leave it up to you guys and your "prove your worthiness to me first" approach to life and the world would fall apart.
Geesh - imagine going to a doctor or surgeon only to have them tell you, "Well, tell you what - if you're willing to go to med school, I might operate on you. Otherwise, you're not worthy of my effort."
- chaostheory 19y agoI'm not saying that engineers don't need business people at all, but they do need competent business people. Either the business person in question is charismatic enough to convince or he has a proven track record or he already has money (from convincing investors). from your perspective would you partner/hire an engineer who can't build something. you can guage who's a solid engineer by what they've built, as oppose to just what they claim... on another point, when u don't have a product yet does it always make sense to get someone to start selling it before it's there in every situation (as opposed to getting someone to help you build it)? "imagine going to a doctor or surgeon only to have them tell you, "Well, tell you what - if you're willing to go to med school, I might operate on you. Otherwise, you're not worthy of my effort."" that's a bad analogy, considering patients are doctors' customers
- NSX2 19y ago> but they do need competent business people But most business competence is recognized in retrospect. How many Harvard MBAs with awesome corporate track records do you see starting awesome companys which make products you love? Like, almost none? > to convince or he has a proven track record or he already has money "proven track records" are what jealous people who inherit money to start investment funds look for to make business starters feel small. Tell me, based on the "track record" of Steve Jobs/Woz, Howard Shultz (door-to-door expresso machine salesperson), Richard Branson, and God knows who else, would you invest a penny in their "I dropped out of college/never went to chase my dream of beating huge, well-financed, well established companies on their own turf by doing something unproven" ideas? I bet not. But you'd be very rich if you did. > from your perspective would you partner/hire an engineer who can't build something. you can guage who's a solid engineer by what they've built, as oppose to just what they claim... But most people just showcase what they CAN build, which, in my experience, rarely translates into the ability to build what they've never built before. >on another point, when u don't have a product yet does it always make sense to get someone to start selling it before it's there in every situation (as opposed to getting someone to help you build it)? Sure. I'd gladly pick an awesome salesperson who can pre-sell it to 100,000 paying customers over 10 of the best programmers working away day and night all the time. That salesperson's ability will get me the money to tell VCs to go to hell and then have plenty left to hire the best programmers I can find. The programmers, meanwhile, don't guarantee anybody will buy it once its done. >that's a bad analogy, considering patients are doctors' customers Not really. Most surgeons make enough money to not have to work for the money and do it for the challenge/love. Imagine they got offended at everyone's lack of medical knowledge.
- chaostheory 19y ago"How many Harvard MBAs with awesome corporate track records do you see starting awesome companys which make products you love?" well a lot of them tend to join big established corporations... not to mention many successful entreprenuers don't have MBAs let alone degrees "tell me, based on the "track record" of Steve Jobs/Woz, Howard Shultz (door-to-door expresso machine salesperson), Richard Branson," well I mentioned charisma right? Jobs and Branson are bad examples for your argument, since they are extremely charismatic - hell they're legendary for it " most people just showcase what they CAN build" better than empty words... "Sure. I'd gladly pick an awesome salesperson who can pre-sell it to 100,000 paying customers " what if it doesn't get built after you presold? "Most surgeons make enough money to not have to work for the money and do it for the challenge/love" well all the doctors I know from college have a lot of bills to pay, which don't include the extremely high cost of malpractice insurance.... =)