Product Creation

This post is by Michael Pollock, the original owner of Small Business Branding. Yaro Starak now owns and produces the latest content for this blog.

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Paul Graham – What Business Can Learn from Open Source:

"Hackers tend to think business is for MBAs.  But business
administration is not what you’re doing in a startup.  What you’re
doing is business creation.  And the first phase of that
is mostly product creation– that is, hacking.  That’s the
hard part.  It’s a lot harder to create something people love than
to take something people love and figure out how to make money from
it."

This was a great little essay. The above quote really jumped out at me. It’s pretty well-known that nearly anyone with a computer and internet access can start a busines today. And that’s a wonderful thing. The drawback, however, is people don’t realize how long it can take to develop your product(s) and/or service(s). And how much longer it can take to feel like your business is on solid ground financially.

Anyone know what I mean? I’m sure you do.

(thanks to Hugh for the link)

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