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Lots of businesses started out of garages and college dorms, a handshake is all you knew or cared about. Stay hungry, stay foolish.

by pxlpshr 17y ago

alain94040 17y ago
Yes, a handshake is a starting point. Without trust between the original members of a project, you are doomed. But I have met too many entrepreneurs who were foolish (small f) and lived to regret it dearly. Why take the risk? Would you give similar quality advice on tecnhnical matters? "why worry about testing your code, just push your updates live". It's bad technical advice and you wouldn't want to give bad legal advice either, would you?
- aaronblohowiak 17y ago
  My agreement is a simple outlining of what we've discussed, but the thing says that it is just a guideline for the spirit of our engagement, and the only thing binding is that we agree to mediation if we have any dispute. Mediation > Lawyers!
- patio11 17y ago
  But I have met too many entrepreneurs who were foolish (small f) and lived to regret it dearly. On the flipside, I have met many entrepreneurs who obsess about stopping the world from screwing them, to a degree where it distracts from solving problems from customers for money. See: license agreement text, resistance to money back guarantees, worry about piracy, wanting an NDA executed by a blogger you're pitching your product to, etc etc etc.
  - jacquesm 17y ago
    Yep. This happens very often, here on HN as well. Somebody will come and say I have this fabulous idea/businessplan/whatever and then they'll clam up, it's so good they can't really talk about it. Which is funny. I can't shower without having some 'good' idea, and by sharing them - here and elsewhere - I get a pretty good feeling for what could fly and what doesn't stand a chance. I'm counting on my willingness to pursue an idea all the way through to implementation and user support as the edge that will make me win if someone else should want to run with it too. Let go of the paperwork, get moving. 6 months head start is worth more than all the contracts in the world. And if that head start is not enough to establish yourself then look a little longer for lower hanging fruit, there is plenty of it.

Lots of businesses started out of garages and college dorms, a handshake is all you knew or cared about. Stay hungry, stay foolish.

by pxlpshr 17y ago

Lots of businesses started out of garages and college dorms, a handshake is all you knew or cared about. Stay hungry, stay foolish.

alain94040 17y ago

Yes, a handshake is a starting point. Without trust between the original members of a project, you are doomed. But I have met too many entrepreneurs who were foolish (small f) and lived to regret it dearly. Why take the risk? Would you give similar quality advice on tecnhnical matters? "why worry about testing your code, just push your updates live". It's bad technical advice and you wouldn't want to give bad legal advice either, would you?

aaronblohowiak 17y ago
My agreement is a simple outlining of what we've discussed, but the thing says that it is just a guideline for the spirit of our engagement, and the only thing binding is that we agree to mediation if we have any dispute. Mediation > Lawyers!
patio11 17y ago
But I have met too many entrepreneurs who were foolish (small f) and lived to regret it dearly. On the flipside, I have met many entrepreneurs who obsess about stopping the world from screwing them, to a degree where it distracts from solving problems from customers for money. See: license agreement text, resistance to money back guarantees, worry about piracy, wanting an NDA executed by a blogger you're pitching your product to, etc etc etc.
- jacquesm 17y ago
  Yep. This happens very often, here on HN as well. Somebody will come and say I have this fabulous idea/businessplan/whatever and then they'll clam up, it's so good they can't really talk about it. Which is funny. I can't shower without having some 'good' idea, and by sharing them - here and elsewhere - I get a pretty good feeling for what could fly and what doesn't stand a chance. I'm counting on my willingness to pursue an idea all the way through to implementation and user support as the edge that will make me win if someone else should want to run with it too. Let go of the paperwork, get moving. 6 months head start is worth more than all the contracts in the world. And if that head start is not enough to establish yourself then look a little longer for lower hanging fruit, there is plenty of it.