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by CamTin
2927 days ago
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The economics of internet-scale software businesses make this harder than opening a hardware store and selling nails and rope for more than they cost from the wholesaler. It often does require lots of risk capital. If you don't have it, you need a rich partner who does. If you don't know any rich people that want to go into business with you, you need to employ people who provide this service at a price -- and often that price is that you, in effect, become their employee, rather than their partner. This is the silicon valley VC model. It's possible to build "boutique" scale internet software businesses, but it's harder than ever, and you still need to be well-off enough to "risk" some time that you would otherwise be working on definitely-getting-a-paycheck type work. In short "start a profitable business instead working for one" and "start a business that's profitable right away instead of taking VC funding" are both rather useless pieces of advice for somebody who doesn't have the means or background to do either. There are of course more choices about what to do with your life. You should explore those too. Maybe you'd be happier as an auto mechanic or a nurse. That kind of work is available almost anywhere in the country so you won't have the "three body problem" of having to live away from your or your spouse's family, or both. |
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I'm not sure what you are defining as risk or difficulty. I can list a dozen day-one-profitable businesses right here that a person could start before tomorrow morning for less than $100 investment.