4 ms·

The big difference is CapEx - I can setup a linode with my 'free time' and a few bucks a month to prove out a business. You can't 'free time' a brick and morta

• ChuckMcM 13y ago
  The big difference is CapEx - I can setup a linode with my 'free time' and a few bucks a month to prove out a business. This is absolutely true, which is why there are many more software business opportunities than there are brick and mortar opportunities, and its absolutely irrelevant in that if you want to create a bookstore (which is the market we're looking at in this conversation) trying to 'out Amazon' Amazon by setting up a Linode instance isn't really going to be very effective. My point is that unlike say "Pintrst for Caviar Lovers" or some other random 'online' business, book stores are already a 'proven' business, just like restaurants are a 'proven' business. If you execute well you succeed. Since the business is already proven/known, there is lots of support/infrastructure for creating it. I'm guessing it would cost you about $500 out of pocket to 'start' your bookstore, maybe $2000 if you went to a lawyer for your articles of organization. People who do technology startups some times overlook how 'easy' that can be.
  • count 13y ago
    > If you execute well you succeed. That might as well be a tautology - if you don't succeed, obviously you didn't execute well. Unless money has gotten tremendously cheaper, $500 seems at the absurdly low end of out-of-pocket to get a business loan/etc.