Sometimes there are businesses that are just plain weird. The product they sell is so different that the common sense point of view is that they’ll fail. This year, however, an unusually large number of companies that fall into the “weirdo” category are succeeding.
via Fast Company: The Wisdom of the 20-Minute Startup:
New ideas come with a burst of motivation. Here’s how to test the validity of your idea before the excitement wears off.
Being able to create successful apps without a VC crutch and with a cheaper, better educated team is one way European gaming companies have bested American-based ones. Another way is far more strategic. While just 43.3 million people played on a gaming console at least once a month in the U.S. this year, 126 million gamed from their phones in 2013, reports research firm eMarkerter. And tablets are an increasingly popular form of entertainment, with more than a third of Americans owning a tablet, according to Pew Research Center.
I remember him saying, ‘You could work on another person’s startup, or you could make no money at all and we could build something together.’
Julia Hartz, on when her husband Kevin Hartz approached her about starting a company together, which turned out to be Eventbrite.
With around 300 employees, Eventbrite has offices in San Francisco; London; Mendosa, Argentina; and Sao Paulo, Brazil, with more than 130 million ticket sales to date and a fun corporate culture. The home office in San Francisco is dubbed “Briteland,” and employees are referred to as “Britelings.” Read more on our exclusive interview with Julia.
Always remember that cash is king; don’t spend money where you don’t have to. You have to be thrifty.