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I think you may have a few competitive advantages that a 16 year old may lack, like a quiet place to work, an internet connection, a network of people, etc. etc
by CraigJPerry 6y ago
I think you may have a few competitive advantages that a 16 year old may lack, like a quiet place to work, an internet connection, a network of people, etc. etc. You’ve got such an advantage that it’s utterly pointless to draw comparisons.
The idea that someone somewhere can probably maybe might be able to make this work does not make the case that people have opportunity.
- ericd 6y agoWe were talking about needing startup capital to get the business off the ground, so this is kind of moving the goalposts. But if you have a library nearby, that can take care of a lot of the concerns you’re talking about. Before the pandemic, I frequently worked out of one. Your hypothetical 16 year old likely has a suitable spot at their school. You really don’t need an existing network to get a business started. You can find initial users on Internet forums, or reach out to people on LinkedIn.
- CraigJPerry 6y agoIf that’s true, why is it so rare? Why is this secret undiscovered?
- ericd 6y agoWhat is “it” referring to? Bootstrapping a small business? There are quite a lot of successful small saas startups that took no funding. Are you familiar with microconf? The business of software conference? It might seem rare if you don’t know anybody doing it, the knowledge isn’t evenly distributed. Doesn’t mean it is rare.
- WalterBright 6y agoIt's not rare at all.