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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

It says that selling an airplane ticket for $500 and getting paid a $5 fees by the airlines (1% gross margin) is not the same thing as selling $500 of software that you built (>90% gross margin). Most of this advice boils down to an argument in favor of basic planning before starting a company or raising money.

Startup 150
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From Nothing To Something. How To Get There.

techcrunch.com

I don’t know any developers. I need money for the servers. These are the geniuses clogging up Craigslist’s “Computer Gigs&# with ads saying stuff like “Need iPhone Developer: Compensation: 30% of profits (when we get them)&# or “Ruby on Rails ROCKSTAR needed: $20/hr&# [link] Nils Noack Definitely a good read!