It starts with making my first few millions and ends with solving all the fun technological problems that are still open once I’m there. Finding a group of people sufficiently motivated to make significant amounts of money and somewhat along the process would be a win condition.
How old are you? What do you know? What have you read so far? Where do you live? Are you living in a shack in India or you have a wealthy comfortable life somewhere in London? I think the feedback you obtain might be much better if you give some context about your current situation (though I would understand too that you don’t want to share those details online)
>What do you know? What have you read so far? I don’t think I can list all of that. I’ve been doing software engineering for about a decade now, have a baseline level of competence in everything entrepreneur, and then read / implemented everything that seemed useful
>Where do you live? Are you living in a shack in India or you have a wealthy comfortable life somewhere in London? Germany, wealthy comfortable
I’m not entirely sure whether my circumstances are super important. I’m not necessarily looking for a group of wealthy people. I’m more interested in people who are working on improving the trajectory of their wealth. For example, a guy in a shack in India implementing an algorithm that calculates the optimal portfolio allocation for a set of bets beats a wealthy guy that’s just cruising on fund money.
You should network with startup scene in the field that you are trained in. Getting VC and angel funding is a huge part of it, and probably the easiest way to make your first few million. The best way to present your business proposal is to have a solid prototype, much better if you have customers already. I took this course, and that’s what I learned from it.
Else you have to either climb the corporate ladder, which is slow, or get lucky in investing which requires a substantial initial investment. For a few million, I would consider $100k the absolute minimum.
I’ll have to give the whole “make a product prototype” thing another try. I’ve been postponing that until have I employees, but maybe hacking together a prototype is good enough to impress some angel investor.
I’ve personally not had much success in seeking out VC and angel investors. Not that I actually tried. I’ve always focused on the technical side of things, but that’s just a result of my educational background. I think the skill required for this is just general social networking that aren’t really domain specific. The work involved to get funding has very little to do with the R&D side of things. It’s just how the world has come to be. Of the teams I’ve worked with on micro-startups of less than 5 people, we’ve not had much success seeking out funding sources, so I can’t really give you much advice there.
What do you want to win at? There are different possible directions
It starts with making my first few millions and ends with solving all the fun technological problems that are still open once I’m there. Finding a group of people sufficiently motivated to make significant amounts of money and somewhat along the process would be a win condition.
How old are you? What do you know? What have you read so far? Where do you live? Are you living in a shack in India or you have a wealthy comfortable life somewhere in London? I think the feedback you obtain might be much better if you give some context about your current situation (though I would understand too that you don’t want to share those details online)
>How old are you?
27
>What do you know? What have you read so far?
I don’t think I can list all of that. I’ve been doing software engineering for about a decade now, have a baseline level of competence in everything entrepreneur, and then read / implemented everything that seemed useful
>Where do you live? Are you living in a shack in India or you have a wealthy comfortable life somewhere in London?
Germany, wealthy comfortable
I’m not entirely sure whether my circumstances are super important. I’m not necessarily looking for a group of wealthy people. I’m more interested in people who are working on improving the trajectory of their wealth. For example, a guy in a shack in India implementing an algorithm that calculates the optimal portfolio allocation for a set of bets beats a wealthy guy that’s just cruising on fund money.
You should network with startup scene in the field that you are trained in. Getting VC and angel funding is a huge part of it, and probably the easiest way to make your first few million. The best way to present your business proposal is to have a solid prototype, much better if you have customers already. I took this course, and that’s what I learned from it.
Else you have to either climb the corporate ladder, which is slow, or get lucky in investing which requires a substantial initial investment. For a few million, I would consider $100k the absolute minimum.
I’ll have to give the whole “make a product prototype” thing another try. I’ve been postponing that until have I employees, but maybe hacking together a prototype is good enough to impress some angel investor.
I’ve personally not had much success in seeking out VC and angel investors. Not that I actually tried. I’ve always focused on the technical side of things, but that’s just a result of my educational background. I think the skill required for this is just general social networking that aren’t really domain specific. The work involved to get funding has very little to do with the R&D side of things. It’s just how the world has come to be. Of the teams I’ve worked with on micro-startups of less than 5 people, we’ve not had much success seeking out funding sources, so I can’t really give you much advice there.