Under 30 and On The Cutting Edge 215
conq writes "BusinessWeek has an interesting piece on cutting edge technology entrepreneurs under 30. From the article: 'Don't look at what the industry is doing,' Erchak says. 'Look at what they're not doing and focus on that. That's where the real disruptive technology comes from.'"
Heh, exactly (Score:3, Insightful)
Get out there and do interesting things people. Stop making window managers, CMS systems and text editors and start making new things. Things that are useful.
Re:Heh, exactly (Score:5, Funny)
Re:Heh, exactly (Score:2)
I hope so (Score:3, Funny)
Re:I hope so (Score:2)
Re:I hope so (Score:3, Funny)
Re:Heh, exactly (Score:5, Insightful)
How exactly is meebo a disruptive technology?
Re:Heh, exactly (Score:3, Insightful)
Re:Heh, exactly (Score:3, Interesting)
Sometimes it is just stupid, but often it is required because of the nature of the crappy computing world we live in.
For example, since the registry is just like the file system, but is just a little bit different and uses different interfaces, we need to duplicate all of the tools and features th
Re:Heh, exactly (Score:3, Interesting)
But yeah, I've been feeling for a long time now that programming and system work is needlessly tedious, boring, anal retentive, and that it's the fault of the languages and systems. We hope and strive for but don't yet expect intelligence from our computers, just very very fast computation. Intelligence is a fine goal, yet we haven't gotten co
Re:Heh, exactly (Score:5, Funny)
Actually, that's incredibly stupid advice.
The industry is not making a Linux enterprise server which is powered by an exercise bike.
The industry is not making a faraday-shielded mobile phone antenna (safe for use in hospitals!)
The industry is not making a toilet with remote login.
The industry is not making an accessory for the two-player console fighter which castrates the loser with a piano wire.
The industry is not making caskets with built-in LCD monitors.
Which of those ideas will make me a millionaire the fastest?
Re:Heh, exactly (Score:5, Funny)
Does the toilet have an open port? I'll just try to log on remotely and dump a file.
Saves time. This is a paperless transaction.
Re:Heh, exactly (Score:2)
That depends on which marketing channels are available to you, of course!
Re:Heh, exactly (Score:3, Funny)
I'm working on that right now. We download the data with the Post Office Orifice Protocol (POOP for short). Its all part of our Sewer Hydraulics Information Technology platform.
Re:Heh, exactly (Score:2)
A detector for defective mobile phones operating outside of the allowed frequency bands might be of interest in hospitals and other sites with sensitive electronic equipment.
Being too specific might be bad, but throwing out off-the-wall ideas can lead to something useful.
Sorry, can't help with your other interests.
Re:Heh, exactly (Score:2, Funny)
translated for slashdot (Score:2)
1. The industry is not making a
2. ????
3. Profit!
Re:Heh, exactly (Score:2)
Well, clearly the caskets with built-in LCD monitors. Vampires have money, and they like to watch the news before bed too.
Re:Heh, exactly (Score:2)
You obviously haven't seen Web goes down the toilet [bbc.co.uk]. Sample quote:
Design graduate Andrew Cubitt has taken the humble toilet roll and turned it into a hi-tech news and information service.
balance.. (Score:2, Funny)
The cutting edge (Score:5, Funny)
After all, this guy [businessweek.com] is 31 and this guy [businessweek.com] is 30. Hell, at 37, I might be able to squeak by
What's the big deal about 30...? (Score:3, Funny)
Re:What's the big deal about 30...? (Score:2, Insightful)
Me too. They ruin everything. They had their fun; free love, relatively safe drugs, protesting, Woodstock...
Now they're all old fuddy-duddys', and making everything they did for fun against the law.
It's no wonder todays youth is resorting to crystal meth and bot-nets. Easy sex, easy marijuana, and good music has been ruined by the grups!
Re:What's the big deal about 30...? (Score:2)
So maybe come 2015, only those over 64 will be considered old and uncool.
Re:What's the big deal about 30...? (Score:3, Insightful)
Actually, no. If you consider that the 'baby boom' generation was born between 1945 and 1960, then the bb's are all well over 40 now. You can thank the baby boomers for phrases like: "40 is the new 30".... now you're even hearing: "50 is the new 30". They don't want to get old, so they keep changing the threshold.
With apologies to T. Lehrer... (Score:5, Funny)
Re:What's the big deal about 30...? (Score:2)
Re:What's the big deal about 30...? (Score:2)
That wasn't the case in any of the four software shops I've worked in. :-) Heck, I was laid off in 2002 because at age 39 and 13+ years of experience I was tied for the bottom spot experience-wise on a team of 14 people.
That's one of the big differences between working in a larger mainframe shop with complex vertical in-house applications and writing shrinkwrapped software, though. The former tends to have a lot of people who ha
Re:What's the big deal about 30...? (Score:2)
Re:What's the big deal about 30...? (Score:2)
Re:What's the big deal about 30...? (Score:2)
Meanwhile we've been trying to keep moving and developing, but with all the "rush rush rush internet time must code and release right now!!!" it's p
Invent something new that everyone wants! (Score:5, Funny)
Re:Invent something new that everyone wants! (Score:2)
All these money making paradigms are childishly simple aren't they?
But in all seriousness, I often get the impression that there's more than a little brainwashing in many business publications, which tend to be thin in the useful business information department and fat on the kind of flattering profiles that are the business equivalent of the text that you get with the Playboy centerfold.
Re:Invent something new that everyone wants! (Score:2)
Re:Invent something new that everyone wants! (Score:2)
8 out of 10 are Internet apps. (Score:5, Insightful)
The two new ones are a simulator for pharmaceutical development and a new approach to solid state light sources. Those may or may not work, but they're real developments.
Re:8 out of 10 are Internet apps. (Score:2)
Even Worse: American BIAS! (Score:2, Interesting)
Also, "Businessweek" should have considered the quality of the new businesses. Even though the per-capita number of startups in Europe is lower than that in the USA, the quality of those startups is higher than the quality in the USA. Remember all the failed startups in the DotCom boom?
Now, consider 2 stellar European startups that have made a diff
Re:8 out of 10 are Internet apps. (Score:3, Insightful)
This NY Times article [nytimes.com] speaks to that. For these under 30 somethings in NYC, success is not so much about doing something new as it is about doing something that another company, with deep pockets, wants. The exit strategy is being acquired.
Re:8 out of 10 are Internet apps. (Score:2)
Thank you Cpt. Obvious. We all learned this in the 90's didn't we?
Re:8 out of 10 are Internet apps. (Score:2)
Re:8 out of 10 are Internet apps. (Score:5, Interesting)
Not neccesarily a bad thing. Guy Kawasaki [guykawasaki.com] has commented that there are a lot of smart people in the world... if you come up with an idea, look around, and see abolutely no competition, then you have pull a Scott Adams and ask yourself, "which is more likely?"
Now, you see, the trick is that if you are somewhat smarter, luckier, or more insightful, you have two choices. You can attempt to come up with something completely original and new, which is really risky, as shown above. Or, you can enter a known, existing, money making market where your somewhat-smarter brain, store of luck and somewhat novel insgihts will allow you to out-maneuver the barely sentient cretins who currently inhabit that market niche. Still somewhat risky, but not anywhere near as risky as trying to create a completely new market.
Re:8 out of 10 are Internet apps. (Score:2)
A graduate advisor I once had said that if you weren't coming up with one new idea a month, you shouldn't be in academia. That's a pretty fast pace, IMO, but I have come up with ideas nobody else has thought of, am working for a family business (because my mother thought of a business model nobody had done before), and my dad just sits around all day putting things together to try stuff completely new. He was working on free metropolitan WIFI nets years before you started hearing about them going up a
Re:8 out of 10 are Internet apps. (Score:2)
Entering into an existing, money making market is an awesome strategy if you are smarter at the things that will help you make money. Computer science especially is littered with stories of better designs/pro
Not only that... (Score:2)
Take Meebo for example. Sure, it's cool, but what's their model? Ads on the site? What?
Plus they are going to have the problem of competing with the IM networks themselves. I mean, GTalk already has a web client. So do ICQ and Yahoo!, although they are Java based. And if you are , you really think it woul dbe a big deal to whip up an AJAX IM client? I think not.
Re:8 out of 10 are Internet apps. (Score:2)
>>development and a new approach to solid state light sources
In, hmm, 1999 or so I worked for the Bionengineering Department at UCSD for a grant funded by Proctor and Gamble. The BIONOME project sort of went nowhere, really (you can find the hacked apart website still up at bionome.sdsc.edu. Or, wait. I guess it's down now. But there's something of a reference here:
http://cgi.ncsa.uiuc.edu/cgi-bin/General/CC/irg/cl earing/projectAbstract.pl?pr [uiuc.edu]
The Nerdy Blues (Score:5, Funny)
And lets not forget about the stress-related impotence! How do you expect anyone to be innovative when they're out of libidious mojo?
We hit our mid-life crisis at age-15 when we spend all our allowance on the newest AMD chips, graphics cards, and video games.
I'm half way through my 20s and I'm not looking forward to being a grizzled and worthless dinosaur in the next 5 years... but such is the price we pay.
=P
(sorry to anyone over 30)
Re:The Nerdy Blues (Score:5, Informative)
Nobody over 30 spent their allowance at age 15 on anything AMD, junior! Try "Commodore", "Apple", or maybe "IBM".
Re:The Nerdy Blues (Score:2)
Wrong. "Commodore", "Apple", or maybe "IBM" was for the great unwashed masses. A real nerd would have built a custom computer out of AMD2900 bit slices (circa 1975).
Re:The Nerdy Blues (Score:2)
Re:The Nerdy Blues (Score:3, Funny)
Re:The Nerdy Blues (Score:2, Interesting)
Now I'm 46 and in better shape than at any point in my life before. Probably in better shape than you kiddo
You probably expect some exercise machine or miracle supplement spam now. Sorry to disappoint.
meebo peepo (Score:5, Funny)
Translation: Surround yourself with women at your workplace, and you are halfway there to actually getting a date.
Duh (Score:2)
First reaction is... well, duh. Don't do what everyone else does if you want to stand out.
But actually isn't that often not true? The better mouse trap is often disruptive. Portable music players were around for a long time before the iPod. The Apple Newton was out long before the Palm. People were downloading music long before iTunes.
Don't know why I'm focusing on Apple, but those are what came to
Re:Duh (Score:3, Interesting)
Marketing is complex, as much as we like think of the guys in marketing as the ones who, despite being 40 and white, call each other bro and are really competitive about pick up basketball games.
Security apps (Score:2, Funny)
www.grepgrok.com
Like Logan's Run? (Score:3, Insightful)
Yup (Score:2)
Yes, because by 30 you have a wife... (Score:2)
Hardly... (Score:2, Insightful)
Hey... feel free to prove me wrong. Show me a job where the ma
I wonder... (Score:3)
http://developers.slashdot.org/comments.pl?sid=17
Not just startups- (Score:5, Insightful)
What's the most common error made by startup entrepreneurs?
Easily the biggest problem is when you have a founder who is sentimentally attached to his company to the point where he won't let go and accept help. Especially with technology firms, the founder tends to be passionate about the product and tends to come out of an educational-engineering environment with very little expertise in the business world.
This is so true- whether in business or on message boards (like this). I got my start in tech, but went on to get a JD and a MBA- and now my true techie friends love to make fun of me. But the truth is, hubris can sink about anything- Knowing a lot about tech does not mean that you know anyting about business (and vice versa)
Re:Not just startups- (Score:2)
I'm actually thinking of going the same route. I have a degree in software engineering and another which is a mix of computer and telecomm engineering. I have a bunch of great ideas, but I have no idea on how to implement them, i.e. start of my own company; which if why I'm thinking of getting my MBA.
Anyway I was just wondering how much an MBA from school X is really worth, if you plan on being your own boss for a tech startup? Does an MBA from a more renowned school matter more than a less renowned scho
Re:Not just startups- (Score:2)
Most of the educational value of an MBA will depend on what your professors' experience is you should be able to find
Re:Not just startups- (Score:2)
Look at some of the books at nolo.com, tons of great small business stuff there. Also, look in your area for any free or low cost small business seminars.
The technical parts of starting a small business are easy. Just takes common sense and some research. The hard part is making it work, and bringing in money. Alot of techie
Re:An MBA is worthless. (Score:2)
Re:Not just startups- (Score:2)
(not that there were no dumb kids with other majors, but business seemed the default major for the kids with no brains or talent at anything but drinking with their frat buddies.
Bad advice (Score:5, Insightful)
Having been involved in a number of successful businesses over the years, I can tell you that good ideas are a dime a dozen. There's no huge mystery about what's successful and what isn't... look around you.
The difference between someone who is successful and someone who isn't is execution. The world is full of people who dream big but don't get off their ass and do it.
What people don't get is that you don't have to be the dominant player on the block to make a LOT of money, but what it does require is taking a risk and putting yourself out there. Find your little niche and set up shop. The world is like a raging river of money. You don't have to set up a very big flume to get a pretty good stream coming to you.
And if (or when...) you fail the first couple of times, learn from your mistakes, get back up and try again.
Just a step at a time, folks. Just take a step a time. It's not how fast you're stepping, but the fact that you're stepping at all.
Re:Bad advice (Score:2)
That reminds me of my brother-in-law. He came up with a lot of good ideas but gets bored quickely and hop on to another get-rich-quick scheme. I guess that's why he'll never be in articles like this.
Remember the Dotcom failures (Score:2)
#1 Develop cutting edge applications that nobody else are doing.
#2 ?
#3 Profit
If you are going to develop cutting edge programs that nobody else is doing, make sure that there is a market for it. You will find a market for it if it is meeting customers' needs. What you need to do is find needs that nobody else is filling, a
Re:Remember the Dotcom failures (Score:5, Insightful)
Actually, my point is that you DON'T need to find something that "nobody else is filling". It's incredibly hard to find totally virgin territory. If you're waiting for that to happen, you'll probably have a very long wait.
The play with a much higher probability of success is to find a niche with a lot of demand. The fact that there are a lot of players making money there means that it's a successful niche! The trick is to find a way to elbow your way into your share of the business (that's also called "marketing"). Of course, you want to choose a niche that you're good at.
Take Internet hosting companies. Tons of 'em, right? Well, that's because the market is big enough to support tons of them. You don't have to reinvent the idea of a hosting company to have a successful little business with recurring income. That's just an example -- there are lots of little businesses like that.
Re:Remember the Dotcom failures (Score:2)
I wanted to make the better eCommer
Re:Bad advice (Score:2)
I have great ideas, not necessarily new...but in-demand enough to be sellable...except I have a marketing/advetising background. I'm a geek, and am definitely familiar with computers and whats going on, but when it comes to programming, or creating a prototype of an electronic device, I'm hosed since I don't have those skills and by the time I was able to teach myself them...it would be obsolete.
C
Re:Bad advice (Score:3, Interesting)
Here's my advice for someone like you: don't try and invent the wheel yourself. By that I mean don't try and find a programming consultant to program something for you. There is a 99% probability that you'll get screwed. Number one, it's EXTREMELY hard to find good people. By the nature of programming, you can't tell easily how well somethi
Where's your head at? (Score:2, Funny)
Watch the other end! (Score:4, Interesting)
The under 30's have the advantage/disadvantage of not knowing what is impossible. On the other hand the old hands know the old tricks.
I was astounded to encounter teen interns who looked astounded at the concept of sub-Gigahertz machines.
Re:Watch the other end! (Score:3, Funny)
When I worked at Atari, the kids (18 to 20 years old) were generally astounded that I played Pong when it first came out long before mall arcades became popular and had an Atari 2600 in early 1980's. They were astonished that video games existed before the Sony Playstation. If that didn't throw them for a loop, another co-worker used to work on pen-and-paper games in the 1970's.
Re:Watch the other end! (Score:2)
From what I've seen (Score:5, Insightful)
There are people who are technically gifted and are chrismatic enough to sell whatever it is they're working on but they're few and far between.
A few simple rules:
(1)know your product and be able to explain it to investors who might not have the technical training to immediately grasp what it is you're proposing. Stay away from the trap too many technical trained people fall into of overwhelming potential investors or customers with unnecessary detail, (I failed this test repeatedly).
(2) Have a business plan and enough money to go 5 years without outside investors. Many government agencies provide templates that will allow you to lay out a business plan that a banker or investor can easily understand. Don't go to a bank or potential investor with a bunch of loose papers and a lot of hand waving. Most businesses I've seen fail went into business looking to turn a profit in the first year. Statistics show the vast majority of businesses need at least five years to break even.
I'm currently about to undertake development of two ideas that I've worked on for the last ~5 years. I'm fairly sure both will succeed. As per the article both of my ideas are innovative and not visible on the web today, but along with the innovation I've spent a few years laying out a plan, both as to actual development and marketing. You must know why your project will succeed, you should know what might cause it to fail.
And then there's luck, just being in the right place at the right time.
Re:From what I've seen (Score:2)
Got a link? 'Cause I'd be like, curious, and stuff...
[badum-ching]
What's needed.... (Score:2)
Paean To The Cult of Youth (Score:5, Insightful)
People forget that the "under 30" crowd was responsible for some of the stupidest, lamest, and most ridiculous excesses of the dot bomb. The recipe for dot com success was to only hire "young" (under 30, RCG) developers, because you "can't teach an old dog new tricks". It didn't work then, and it's still stupid now.
The best development environment is a mix of young, middle aged, and older developers. The elder developers season the brashness of youth with experience (and pointing out why web businesses to just sell 50# bags of dog food are stupid), and the younger ones inspire creativity where the elders had become complacent.
Would you trust a 25 year old bank president? Would you want to drive a car designed totally by a 22 year old recent college grad without the benefit of verification by a senior engineer? I wouldn't. So why in the hell should our software and computer hardware be only the product of young minds?
Business Week should know better than to shill for the "young is best" nonsense. We've seen where that crap leads - I read lots of articles just like it in 1998 and 1999. For shame.
BTW, I'm 44, and I said it was stupid the last time this "concept" got touted too - seven years ago...
Disruptive or deceptive (Score:2)
Erchak says. 'Look at what they're not doing and focus on that. That's where the real disruptive technology comes from.'"
I agree with your post. This term 'disruptive' is really tiresome. After the dotcom bust the term seemed to have fallen into disfavor with a lot of other silly expressions, like 'agility', 'service velocity', 'web time'. The only ones who continue to use it seem to be too young know they should be embarrassed. When I hear visionary types prattle on using it I think 'deceptive' instead
Re:Paean To The Cult of Youth (Score:2)
Except that physical mechanics and safety rarely change. The experienced engineer certainly has the upper hand in your example. Computer science on the other hand is changing daily, and unfortunately "more experienced" in this field is often a very bad thing. If you've been doing it for more than a few years, it is likely obsolete.
There are of course many pla
Re:Paean To The Cult of Youth (Score:5, Insightful)
The first part is horseshit. Experience tells you how to take ideas from dreaming and handwaving to real, working versions.
Any developer worth his/her salt can "adapt to new ideas", and "real-time" is a piece of noveau fluff. Experience lets you dodge the chronic reinvent the wheel syndrome that companies with all of their dev staff under 30 have. A square wheel isn't a "disruptive" new idea, it's just stupid.
BTW, if my experience isn't worth crap, how come I keep getting hired by smaller companies, rather than big dinosaurs? Maybe they understand that RCG kids aren't the be all and end all of development. Also, why are some of the brightest, most creative developers I know in their 40s? Most of the younger ones just want to play multiplayer online games that just suck money and time out of their lives, not create something worthwhile.
This all sounds so much like the lame dot com shills from the late 90s that it isn't even funny. It was stupid then, it's stupid now. "Under 30, and on the Cutting Edge" is just a code for age discrimination, lower salaries, and the fake IT shortage that it spawned.
Re:Paean To The Cult of Youth (Score:2)
Given the number of platforms, development environments, toolkits, and programming languages someone in their 30s+ has seen I would argue they might be better at adapting to new ideas. Every new programming whatchamahoozit is touted as a brand new paradigm, much less a new set of ideas, some even are.
My point is that experience is important, even if the tools you used for 3/4 of your career are dust now, all of the logical thinking, ability to ada
Re:Paean To The Cult of Youth (Score:2, Insightful)
Today, innovation is more about marketing and getting to market then on solid foundations of incremental improvement. granted that there are times when something can come alongthat truly changes the course of the industry, bu
"Disruptive technology" (Score:2)
do I have the chops? (Score:3, Insightful)
After watching other managers' hits and big misses for 10 years, and learning a lot about computer programming and marketing along the way -- only *now* do i seriously feel i have the chops to take a shot at building a successful product. But will I do it?
That's where the youthful enthusiasm comes in. Youthful enthusiasm and being under 30 is great because you don't have a wife and a mortgage payment yet. Like Steve Jobs said, "stay hungry and stay foolish". You have to be pretty "foolish" to leave a great paying programming job to take a shot on the next "digg.com" -- try telling that to you wife -- "but honey, when i get 50,000 visitors a day, *then* i'll figure out how to pay the mortgage".
For every Bill Gates and Steve Jobs who made it big under 30, there's a thousand guys who failed a dozen times.
More power to you, entrepeneurs -- I may join you one day. Just have to get a little more foolish first.
boxlight
Re:do I have the chops? (Score:2)
What I'm afraid of about your comment is that calling it "foolish" is a way for you to make yourself feel responsible and justified for not taking calculated risks that would really pay off.
Age Discrimination (Score:5, Insightful)
Note, I am a cutting edge developer over the age of 30, and I know of many others as well.
Re:Age Discrimination (Score:2)
Thinking outside the box (Score:4, Insightful)
Has any of those mighty business analyst ever thought, that there might be a good reason why things are the way they are? That perhaps all those people doing business now aren't complete idiots and actually have some idea what they're doing and aren't waiting for a bunch of college kid to tell them how the world works?
Where are all those so-terribly-bright entrepreneurs from the 90s today? Most of them are failures and learned the hard way that the ideas outside the box have been kicked out of the box because they don't work. Very clever to tell people to sift through the intellectual refuse instead of learning from other people's experience.
And before launching into the search of the next disruptive technology, one should first check how many came along in the past 20 years. I guess there were no more than 5 worldwide, the rest were just millions of little evolutionary steps from within the box.
Good business sense would mandate to send your potential competition on a wild goose chase for the next disruption while going on working the established market with proven ideas.
Re:Thinking outside the box (Score:2)
I'd say most of them cashed out a decent chunk of change, and are living quite happily. Yes the companies they founded may have failed, but I bet most of those 20 something's that actually got companies to the IPO stage made out quite nicely. I actually personally know 2 such people, yeah they still work, but they have > 2 million sitting in the bank against a rainy day, not exactly what I would call failure.
the unatainable is atainable (Score:2)
but seriously...intersting list of young, solid businesses. The jury is still out on many of these businesses.
These kids need to be beaten (Score:2)
Re:These kids need to be beaten (Score:2)
Re:These kids need to be beaten (Score:2)
Cutting edge? Try niche. (Score:2)
Re:Who cares about the VC Funding? (Score:2)
I dunno... If I start a business like Infinium Labs and get $67 million dollars to produce something that doesn't even get close to market... I think I wouldn't mind it.