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You don’t necessarily need an IPO and NYSE to be an entrepreneur. Have an idea for a product people need and are willing to pay for, create an organization tha
by hennsen 9y ago
You don’t necessarily need an IPO and NYSE to be an entrepreneur.
Have an idea for a product people need and are willing to pay for, create an organization that provides that product to these people to a price they can pay and that allows you to properly pay things and people neded to make and continually improve that product. Done. I hear too many stories where people design a company from the ground up for investors to get into instead of thinking about any of the abovementioned points. And then we are surprised that we have one financial bubble imploding after the other.
- herbst 9y agoExactly. The sentiment that you need VC money and IPO is kind of crazy these days. Why would I even want further people that say me what I should do with my company. Except when money really is necessary I really don't see why.
- ttoinou 9y agoThis. Unless the product needs a lot of Research and Development first, you don't need to follow the VC path all the time
- hennsen 9y agoAnd even if you need money for your product to develop and to pay initial stuff/staff to get started, that doesn’t necessarily have to come from an IPO-oriented VC...
- firefoxd 9y agoI'm still in part one, but I think the roadmap is still useful even if you don't go IPO.
- hennsen 9y agoMight be and i admit i didn’t really start reading into it. I am just against the idea that you have to go VC, IPO, and NYSE to call yourself entrepreneur.
- nathantross 9y agoHence the rise of the ICO for example.