On: Ineffective Entrepreneurship: Post-Mortem of Hippo

[brazzy]

> businesses with basically 0 startup capital requirements [...] and minimal time commitments ala software

I don't know what world you live in, but in mine, new software takes a lot of time to write, or a lot of money to pay someone to write it.

[iovrthoughtthis → brazzy]

I live in world where I can write the MVP to prove a business case in a week after / before work, sometimes with no code!

Edit: My MVPs may not meet your requirements for new software. They will not be all singing, all dancing. They will do some tiny slice of core functionality that allows me to prove the value of technologies application to the problem. Often with serious manual intevention.

[brazzy → iovrthoughtthis]

An MVP is not a business.

[iovrthoughtthis → brazzy]

I struggled to answer this without derogatory sarcasm.

I agree, an MVP is not a business. I would not expect that a business would be built in a few weeks or even months. My personal experience with businesses is that they take years.

But we're not talking about building a business. You do not launch an MVP and call it a business.

I was specifically talking about proving a business case for a solution that could turn into a business. This is precisely what the things we call 'MVPs' are mean't to be for.

[brazzy → iovrthoughtthis]

> But we're not talking about building a business. You do not launch an MVP and call it a business.

Then what exactly were you talking about when you wrote this:

> businesses with basically 0 startup capital requirements, > 90% margins and minimal time commitments ala software.

?

> I was specifically talking about proving a business case for a solution that could turn into a business.

At that point, however, you do not have a business. And you're not an entrepreneur.

[iovrthoughtthis → brazzy]

It's evident that you have no wish to change your mind and honestly, I have no wish to change mine.

[sidlls → iovrthoughtthis]

An MVP is a Minimum Viable Product. What you describe lacks lacks both the "V" and "P" parts.

[iovrthoughtthis → sidlls]

What is you're requirements for:

* Viable? * Product?

My requirements are:

Viable: Someone will use it. Product: Someone will pay me.