Vijay Krishna's Notes http://vijaykrishna.posterous.com Most of my notes as a student of computer software and everything around it. posterous.com Fri, 25 Mar 2011 05:54:36 -0700 Startup http://vijaykrishna.posterous.com/startup http://vijaykrishna.posterous.com/startup There is this whole new revolution taking place with a sudden escalation in the use and making of software tools and products and the internet. There is so much one can seem to do and achieve nowadays. Almost every other person seems to be getting the next big idea and launching it to make decent wads of green. Well, many, like i did in the first statement of this post, are claiming this to be a direct effect of the explosion internet and software. But then again, there are other factors. For starters, the lack of good jobs. Let us face it. The IT Boom may have gotten in a lot of jobs around the world, but the fact remains that these are nothing jobs. They do not have nay perks, no security, zero retirement plans, and the ability to support only a single person. And let us face another fact. The number of intelligent people in this world are increasing, else this wave of entrepreneurship would not have been this sustainable. The number of smart people in this planet have outweighed the number of good and well paying jobs. Look at it this way, before Google and Facebook came to the big stage, all an IT professional could talk about was working for MS, IBM or Yahoo one day. And then came along Google, followed by FB, and they became the next big firms to work for. Every time there is a new firm which comes on to the big stage, the aspirations of the job seeking crowd becomes more and more tangible. And this is possible only if regular graduates and engineers look at starting something new of their own. Why i spoke of Google is because it is the 2nd reason for this startup craze. You see, before Google, all the other firms were formed ( i.e. were startups) back in the 80's. It was almost like  everyone forgot the meaning of the word entrepreneur. They could not look beyond working for existing establishment. The Google and Facebook stories have changed exactly that. They are the modern day startups, who have gone on to challenge and dominate global competition in their areas of expertise. Funny story is that before they came into being, they already had people working on similar products and software, which was being commercially used. Be it search or social networking. Yahoo search and Orkut came before Google search and Facebook. Yet, they triumphed over them. And mind you, both Yahoo Search and Orkut were good and popular products in their time. This very fact, that the new kids on the block could show the way out to the old ones, and that too so quickly has showed people that if your idea is worth it, then there is really very little stopping you. Self employment is a concept that is gaining popularity as days pass by. Now people have gone beyond the idea of making it to the big screen. They are contended with being simple one to two man teams making some kind of profit from some kind of business. The idea of being a independent consultant or a free lancer is also setting well with the new young guns today. The whole scenario looks so promising that even kids, from both schools and colleges are doing well with the whole process of making money. What ever be your qualification, if you have an idea you can sell, then this is a fantastic time to invest some time and startup. Its time to make hay while the sun shines folks, and this hay sells!

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http://files.posterous.com/user_profile_pics/1369599/pic.jpeg http://posterous.com/users/hcGXxsTkwP6SS Vijay Krishna Palepu vpalepu Vijay Krishna Palepu