[darronz]

The author forgot to mention something; Finding good staff.

Finding staff is difficult because of the scarcity of developers and anyone talented almost always has a job paying far more than a startup can afford.

Training juniors is the only alternative, but in doing so your company ends up being a training shop for other companies to headhunt from.

[wilsonfiifi]

I totally agree with you on this. We had the same problem with recruiting talented staff when we started. We ended up hiring graduates who where on a 1 year National Service Scheme. We spent a quarter of the year training them and got about 8 months worth of production work out of them. A couple stayed on after the 1 year "obligatory service to the nation" period had expired and the rest joined better paying companies.

Honestly being a training ground for young graduates isn't that bad. It was very good for my personal development because teaching/training inexperienced but bright coders really raises your game because believe you me, they will challenge you and put you on the spot! Lol. I should probably make a living of organizing bootcamps for CS graduates and after 3-4 months, "auction them off" to companies … evil laugh!