I think that any entrepreneur needs to evaluate their position before they ever enter an industry. Walking blindly into business is rarely a mistake people can

I think that any entrepreneur needs to evaluate their position before they ever enter an industry. Walking blindly into business is rarely a mistake people can afford to make. You need to either asks yourself (1) can I generate insane conversion or users or (2) how will I monetize the business. If you can generate the user base that Facebook, Twitter or drop box has then monetization is irrelevant because any effective and intelligent management team can devise a business model when the customers have already walked into the store. I can't remember exactly but I think Ron Conway said that you don't need a business model when you have traffic like google's. But if you can't generate the users, then you need a plan to take to the bank. So, I think that if the ny tech meetup can't be realistic then it's like masturbation. It's great until you realize that you're screwing yourself lol.