Attractive Markets

Yaro Starak: “Every now and then I ponder these markets. Gambling and porn are industries famous for being very profitable online way before anything else. How well would a gambling or pornography blog do? Think about the affiliate programs, the commissions and easy sell to the target market. Then I remind myself that I don’t really want to associated with these industries and go back to work on the cleaner ideas.”

Revenge of the Nerds

alarm:clock: “While it would be impossible to support with data, we believe we have experiencing a reversal of this trend and are now seeing more and more successful startups run by geeks without suit supervision. Each week, as we document the startup landscape from search to enterprise software, it seem we come across more companies that are run by geeks.”

The Long Tail of Startup Locations

BusinessWeek online via Anita Campbell:

“Micropolitan” centers, as some call them, which lie somewhere between a city and a rural town, now trumpet their mix of beautiful settings, affordable housing, and attractive lifestyles. With communication technology blurring geographic borders, entrepreneurs in search of the proverbial good life are building companies where they want to live, as much as where they think they should work.

Human-Centered Design Considered Harmful

Donald Norman: “If it is so critical to understand the particular users of a product, then what happens when a product is designed to be used by almost anyone in the world? There are many designs that do work well for everyone. This is paradoxical, and it is this very paradox that led me to re-examine common dogma.”

The Value of Social Networking for Entrepreneurs

Paul Allen the Lesser:

Too many entrepreneurs try to do it alone.

But it’s easy to work together with a group of entrepreneurs that helps everyone succeed. That is what YEO and other organizations like it are all about. There are many examples of this in history.

In 1727 Benjamin Franklin and 12 friends formed a group which he called Junto, where they discussed the topics of the day for their mutual improvement. For decades these individuals helped each other succeed and make contributions to society.

Bootstrapper on VCs

Greg Gianforte: “Raising VC money determines your exit strategy. You will either sell the business or take it public. What if you end up with a very profitable, modest sized business that you want to just run? That is no longer an option once you raise VC money.”