Wednesday, April 15, 2009

That StartUp Mentality



{{legend|#ff0000|1930 to 1939}} {{legend|#ff54...Image via Wikipedia

It is a mindset. It is a personality type. If a tech entrepreneur were not a tech entrepreneur, he/she would be standing at the edge of a cliff, or facing a hurricane on the high seas. There is something innate about risk-taking. Very few attempt it. Very few of those who attempt succeed. That is why the rewards are so astoundingly huge.

But then that startup mentality is being forced upon the rest of the population. The internet and globalization are going to inject the startup mentality into ordinary jobs. There are degrees of risk taking. Ordinary jobs will have low levels, low doses of risk taking, but it will be there. It is there. It is here.



Looks like the worst part of the bad news of a bad economy might be behind us. You can get gloomy about what just happened. Or you can objectively look at it and see capitalism's creative destructions. What will happen next is way more exciting than what was there before. The jobs, companies and industries of tomorrow stand to be created. This is high time for a mega renewal of the human spirit. I am optimistic. I was throughout the past six months of bad news. All hard economic times of the past decades have also been periods of major innovation, of companies launched that went on to do big, bold things. I don't wish a bad economy upon anyone, but you have to wonder why.

You have to stay hungry also during good times, or success will get the better of you. The trick is to stay hungry during good times. What gets your juices flowing? Do you got fire in your belly?

On The Web

AT&T And Verizon's Start-Up Mentality - Forbes.com
Techcrunch takes on Israeli startup mentality | ISRAELITY
Teaching the Startup Mentality
Startup Mentality
European vs US startup mentality | anders.tyckr.com how often would you say that two of your friends start the same business idea - separately - without them knowing about each other ..... reports keep coming in that the mobile social network market is going to be huge. ..... Europeans do not aim big enough, and on the other hand, US startups go super big with sometimes very crazy ideas. But crazy ideas are only crazy and funny if they are done with bad timing. ...... Going too slow might be a problem, and is probably as hard to fix as going too fast. ..... I would not want to miss a minute of the action to come.

In The News

EBay Unveils Skype IPO Plans BusinessWeek Skype sales surged 44%, to $551 million, last year and the company expects them to top $1 billion in 2011. The user base surged 47%, to 405 million, in 2008. ..... Zennstrom and Friis reportedly offered less than $2 billion for Skype. An IPO could fetch $3 billion to $5 billion ...... Skype could find itself in closer competition with such sites as Facebook or Twitter. ..... "I see [Skype] as a Ferrari that's only firing some of its cylinders."
Plus: Skype in Your Pocket
Google's Trademark Tussle
Business Exchange: Search Advertising
Goldman, Give it All Back
Taxing Grandma to Pay Goldman Sachs
Intel Says PC Demand 'Bottomed'
IBM Roars into Business Consulting
Cuba: How Much, How Fast?
Obama Pitches His Economic Plan
China Faces a Water Crisis
Learning from Recession, the Japanese Way
Nokia: Signs of Stabilization?
Can Widgets Save the Television Industry?
How to Make Acquisitions in a Down Economy
Time to Buy TV, Radio, and Internet Ads?
Put a Human Face on Your Presentations
Today's Tip: Sales Strategy for Tough Economic Times
Getting Ready for the Recovery
Preparing Now to Drive Future Growth
Options for MBAs Without Jobs
Getting to Know Yourself
It's Now a Renter's Market





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