Thursday, December 14, 2006

Snippets

* Startups can be done on cashless basis. Ideas, and barter can almost eliminate cash needs
* A successful idea gets the market always right. To become rich, your idea must hit a big and easily pluckable market
* Play on others. Take off from what others have created. Control can be achieved by playing a group of entities against each other. Supply chain and franchisee markets are good
* In any startup, first look to get enough money to meet your basic needs. Everyone starts small, very small. It becomes big as idea catches on

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