We are playing some high risk games these days and with vast amounts of capital available, the start up game seems relatively straightforward - it's NOT!
Amidst the great rise of the Internet is the necessity to compete with old and new business models. Philosophically, there are niches in the market - opportunities for arbitrage and gaps in time. However, the big ships are turning. Compaq for example is looking at reinventing itself - as the once great ship turns toward the Internet.
Indeed some of the most profitable start ups today are the Internet marketing and web development firms - charging between $100 and $200 per hour (in real US$) brings their value to that of senior executives running multi-million dollar enterprises.
Where does it end? Where does it begin?
There are no silver bullets - plan to be in the game for 2-5 years before you make your hit - get your home run.
Be realistic, optimistic, and, of course, paranoid as HELL!
Good Luck!
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