If getting a raise or promotion does not motivate you anymore then you should plan your exit strategy soon. You were born to be an entrepreneur. Simple as that....
Since my team and I started working on our startup and build our product, I actually began to like the fact that I hated my day job. It energized me to work harder into getting our project launched and have people use it in the real world. Finance is just not for me. I want to build and create things...much more fulfilling!
From what I've heard they are paying mostly in stock, and a lot of people think Facebook itself is overvalued. So paying $1B with overvalued stock to buy an overvalued company seems to make sense.....
I have always been the "extrovert" in my team (PayGuard)..... always passionate and excited to share my ideas. The greatest thing I have ever learned from all our meetings is knowing when to just shut up and listen. I came to the realization that my team members are just as smart or even smarter than I am. I also realized how lucky I am to be working with such people.
Since I was a kid I always dreamed of making a wearable goggles that will let you see the world very differently, like seeing another dimension. Advertising wasn't part of the idea....lol
That is why we're trying to figure out ways to test key functions that does not require integration. We are currently focusing on user experience and logic workflow.
If non-Homo Sapiens like Neanderthals and the more primitive Homo-Erectus learned how to control fire, I am beginning to wonder if Homo Sapiens actually figured it out on their own given the fact that there is now mounting evidence that we co-existed with a handful of these early hominids for several millennia.
Great article. Launching fast is always a good thing for any startup. The challenge with our startup, PayGuard, is that we are a payments processing service. Building the site is not the issue, the integration with financial institutions are. We were able to build the Alpha version of the product with all the key basic functionalities in 6 weeks but we could not test it yet to actually transfer money. We began testing the key features using dummy data.
I agree, I'm just playing with his words to make my point. The fact is it takes a little bit of insanity to leave your secure workplace and spend most of your savings for a less than 10% chance of success.
I think "delusion" is somehow needed for anyone to have the balls to start a company. The odds are so much against you. Everyone around you who never became entrepreneurs themselves will never understand what drives you.....you are just simply a different kind of animal.
That's probably why it just came naturally to me because I do read quite a bit and may have seen this word arrangement many times before. My subconscious mind were just spitting out words as I write them. English is only my second language though, I am so much better in Filipino.....lol
Oops misstype! We still have 5 billion years before we could refer to it as "was a star".....lol
I just type what comes to mind and rarely do editing.....
I still remember when I learned that the Sun was a star. I was six years old when my uncle told me about it. I actually asked him what the Sun was and his answer pretty much shocked me to the core. I already knew the Earth revolved around the Sun so learning that the Sun is just one of little tiny bright lights at night was a true eye opener. That night I looked up the sky again and wondered if there are other people up there.....
I felt some pride reading this since I am an SJSU Alumnus. It's the only college I applied to because I was working full-time and cannot afford to move to Berkeley or any other school. I did very well in all my classes even though I was full-time with both work and school.
I remember reading a study done a few years back to figure out why many Asian Americans were being passed up for promotions in their work place, despite that they went to better schools and had many honors when they graduated compared to their white co-workers. Initially people thought discrimination was the biggest and only factor but the study showed that they tend to be more introverted and would not ask for a salary raise or a promotion as much as their white counterparts would. Success will not be handed to you in a silver platter in the corporate world, sometimes you just have to go out there and stake your claim.
A good mixture of extroverted and introverted personalities will be good for a start-up team. The key is for the extroverts to know when to just shut up and listen....lol
Every extrovert is an introvert in some way. I have seen introverts become extroverts in their comfort zones and have seen extroverts become introverts in a new and unfamiliar environment or situation.
I do not think they are simply attempting to replace existing reactors. I know in many countries governments have slowed down building reactors because of environmental concerns and costs. With the dwindling oil deposits and increasing energy need, safe and reliable nuclear reactors will be in high demand.
How are you handling chargebacks? What if the service buyer does not honor you escrow arbitration after the process and files for a chargeback? are you going to take the money back from the service provider?
Y combinator should only be one of the avenues to be explored by an entrepreneur. My team (PayGuard) submitted an early application hoping that they would have more time to look at it, we still plan to update it before the March 28 deadline. We will apply again in the winter if we don't get in this summer since we're already quitting our jobs anyway. Getting accepted in the program will certainly jump us in the fast lane but we will not even slow down if we don't get in. My team have debated and made improvements to the idea for the past 6 months then we realized that the time for theorizing has ended and the time for building a product is now. We can't wait to test this out in the real world because we think there is a serious need for a payment system specializing in long distance and cross-border transactions.
I completely agree. Initial government backing will be necessary. Europe eventually won because their programs of exploration and expansion continued for the next 600 years, the Chinese expeditions lasted only 30. The major reason for this is because the European model was more profitable and sustainable.
Of course they don't necessarily have to be profitable. The Chinese continued their expeditions for 30 years without being "profitable". My point is that if you want a sustained program that will grow, being self sustaining would be necessary. Eventually it has to pay for itself. I don't think the Europeans would have continued their expeditions if all the returns they got were 100 years of financial losses.
I agree completely! I am a huge fan of Neil Degrasse Tyson and Lawrence Krause. There are far more wasteful spending that we are doing, and there are long term benefits that the R&D of space exploration will deliver to us.