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Ask HN: IT startup

1 points by Darkasing 14y ago

So, I'm at a point in my life I want to do a tech startup. I had coffee with two friends this morning and we talked about startups, currently issues, and explore ideas. At the end of the coffee meeting, it was agreed upon that I had wanted to start a small IT service company doing data backup and recovery. Software for data transfer and recovery are affordable to get started on. But, has IT become an inflated field where it's practically impossible to survive? I got only so much to work with. I see companies offering the same services (mainly online backup) for such low premiums. Please let me know! Thanks!

iusable 14y ago
If you don't figure out how to create a differentiated service, product or software (!) then you will have a hard time no matter what you do.
- Darkasing 14y ago
  That's true, and I think this applies too all innovators and startups who goes into the field. Massess for the crowd no?
jsnk 14y ago
I am sure there is room for innovation in IT space. I think it's an area that needs change and if you think that you can do something special in this area, that's great. Go for it. However, I think 2 things will be a big challenge to you, if you get into this area. 1. Differentiation. How are you going to differentiate yourself from dozens of other IT firms in your area? 2. Are you ready to face up against work with possibly low profit margin? The profit IT firms make is pretty low already.
- Darkasing 14y ago
  I come from a background of the lower-class/near poverty area (lived and grew up in the ghetto). For most of the folks I had helped out previously in the past, it was simply being able to get by day by day. Majority of people I know are just like me, making ends meet monthly. I mean, what's the current state of IT? Massive storage competitors? Massive tech support companies? PM companies by the masses? Not to mention these companies (doesn't matter what field of IT it is), they undercut or de-inflat the GDP value of IT alone. 1. I have a few ideas I want to try out. People and companies seem to really enjoy the "face" value of being able to interact with their IT guru in person. 2. I think this goes with any other field people get into. Low profit margins are always expected since the initial investment is to literally break even first then make gain in profits. Please keep 'em coming!
Darkasing 14y ago
Let's bump this! Thanks HN community!

Ask HN: IT startup

1 points by Darkasing 14y ago

iusable 14y ago

If you don't figure out how to create a differentiated service, product or software (!) then you will have a hard time no matter what you do.

Darkasing 14y ago
That's true, and I think this applies too all innovators and startups who goes into the field. Massess for the crowd no?

jsnk 14y ago

I am sure there is room for innovation in IT space. I think it's an area that needs change and if you think that you can do something special in this area, that's great. Go for it. However, I think 2 things will be a big challenge to you, if you get into this area. 1. Differentiation. How are you going to differentiate yourself from dozens of other IT firms in your area? 2. Are you ready to face up against work with possibly low profit margin? The profit IT firms make is pretty low already.

Darkasing 14y ago
I come from a background of the lower-class/near poverty area (lived and grew up in the ghetto). For most of the folks I had helped out previously in the past, it was simply being able to get by day by day. Majority of people I know are just like me, making ends meet monthly. I mean, what's the current state of IT? Massive storage competitors? Massive tech support companies? PM companies by the masses? Not to mention these companies (doesn't matter what field of IT it is), they undercut or de-inflat the GDP value of IT alone. 1. I have a few ideas I want to try out. People and companies seem to really enjoy the "face" value of being able to interact with their IT guru in person. 2. I think this goes with any other field people get into. Low profit margins are always expected since the initial investment is to literally break even first then make gain in profits. Please keep 'em coming!

Darkasing 14y ago

Let's bump this! Thanks HN community!