Comments on: How Tech Savvy Are You http://www.npost.com/blog/2009/01/05/how-tech-savvy-are-you/ Connecting Startups with Talent Since 1999 Fri, 27 May 2011 04:20:51 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Pivolicious http://www.npost.com/blog/2009/01/05/how-tech-savvy-are-you/#comment-241 Pivolicious Tue, 13 Jan 2009 00:11:58 +0000 http://blog.npost.com/?p=1490#comment-241 I recently meet with an incubator to see where I might be able to take my startup ideas. Ironically, his comments were very similar - specifically, 1. Find a cofounder (tech or otherwise - you need someone else to bounce ideas off and to provide balance during the highs and lows) 2. Business plan - just common sense 3. Illustrate how you intend to get the company to $50MM within 5 years if you intend to go public. If you think finding a co-founder is tough - just consider point #3... and then evaluate if you think it's even worth taking your company public. You might stand to make a really good living at $4-5million in sales - still not public material necessarily - but probably a really good living for a coupla people!! I recently meet with an incubator to see where I might be able to take my startup ideas. Ironically, his comments were very similar – specifically,

1. Find a cofounder (tech or otherwise – you need someone else to bounce ideas off and to provide balance during the highs and lows)
2. Business plan – just common sense
3. Illustrate how you intend to get the company to $50MM within 5 years if you intend to go public.

If you think finding a co-founder is tough – just consider point #3… and then evaluate if you think it’s even worth taking your company public. You might stand to make a really good living at $4-5million in sales – still not public material necessarily – but probably a really good living for a coupla people!!

]]> By: Derek Johnson http://www.npost.com/blog/2009/01/05/how-tech-savvy-are-you/#comment-240 Derek Johnson Mon, 05 Jan 2009 22:05:38 +0000 http://blog.npost.com/?p=1490#comment-240 I was in this position and ran into problems with option 1 & 2, once I implemented option 1, it was night and day and we have been able to grow to where we are today. My opinion, if you aren't the tech person and you have an idea, bring on a co-founder. Derek Johnson CEO http://www.tatango.com I was in this position and ran into problems with option 1 & 2, once I implemented option 1, it was night and day and we have been able to grow to where we are today. My opinion, if you aren’t the tech person and you have an idea, bring on a co-founder.

Derek Johnson
CEO http://www.tatango.com

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