20th Mar 2005

Graham’s Essay On Startups

Paul Graham wrote Hackers & Painters, which I was interested in reading, way back in June 2004. It’s finally available on Safari, so I’ll plunge in this week.

I gotta thank my pal Mike Schilli, because I mentioned H&P and Safari to him, and he pointed me at an excellent essay by Paul, entitled “How to Start a Startup” I don’t agree with absolutely everything in it, but I’d go as far as to say that it’s a “must read” for anyone thinking of starting a tech company. He’s been there, and shares his experience in an enjoyable read (chock full of great advice, delivered in a matter-of-fact manner)

A few of the best bits:

  • work with good people that know the area of expertise. Don’t hire business people that don’t understand the tech (”newscasters”).
  • don’t hire solely to fill up holes in an org chart
  • use trade shows as a means of research - chance to listen and learn from customers as to what they want
  • important to get a first version out there quickly
  • best odds are in niche markets
  • don’t burn up startup money on flashy offices (and, location is very important - got to be a place where people want to come back after dinner)

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