How To Make $7 Million: Ignore Your Critics

If you follow any sort of tech news, I’m sure you’ve heard about Pebble – the runaway Kickstarter success story that has sold over $7 million worth of watches virtually overnight. The project was launched by a 25 year old guy and a couple friends. As with many success stories, they turned to Kickstarter as a last resort after being turned down by a number of (regretful) venture capitalists. I was reading a New York Times article today and it quoted one of their critics, Robert Fabricant – the VP of some big-time development firm – “casting doubt” on their success: “Mr. Fabricant,
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How I Make Money, Part II: 5 Steps to Creating a Product

In my first post of this series, I wrote about some common myths that stop would-be entrepreneurs. This post outlines how to make a list of potential product ideas, determine which one is best, and get the ball rolling on finding a supplier. Since you’re reading a blog post about starting your own business, we’ve already established that you aren’t satisfied with hate your job because: your boss is an idiot you don’t get paid enough you work too many hours you’re underappreciated you’re bored all of the above I’m going to give you a crash course in idea generation
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