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From a developers perspective, we are often approached by entrepreneurs who have an idea where gold might be and if we (the developer) dig all the test holes th
by chrisbennet 12y ago
From a developers perspective, we are often approached by entrepreneurs who have an idea where gold might be and if we (the developer) dig all the test holes then gosh, we get to keep part of what we might find. It's not an attractive proposition.
Things that would make such a deal more attractive:
- the entrepreneur has has a track record of finding gold
- the entrepreneur has already dug a lot of test holes and found some gold
- the entrepreneur actually funds the operation instead of asking the developer to "invest" 10s of thousands of dollars of development time
- the entrepreneur believes in the idea so much that they will give the CTO more equity than than he/she gets
These things are all hard for a college student to do. What you can do is try to learn coding enough to make a "minimum viable product" that proves there is demand for your product. Yes, this is really hard but business is really hard.
Start-ups often "pivot" i.e. you start out with the idea to sell widgets but you discover that people like the cool boxes they come in so you sell cool boxes instead. This is one of the reasons that the original idea is not that valuable - there is a good chance it will get abandoned by the time you are done.