Great article in Time Magazine, Get Rich Slow, about the rise of the small startup that can cost nearly nothing and grow into something very valuable. Paul Graham, Jason Calacanis, and many others have been preaching the rise of the zero-cost startup.
Not only is this my life right now, but it’s the basic basis of most every big Internet success in the 2.0 era: Google, YouTube, Twitter, Facebook, on and on.
I’m surprised I’d never heard the term “ramen profitability” before, but I love it!
If you’re unemployed, get something going now. Time is your most valuable asset. If you’re gainfully employed, do something on the side – costs you no more than a hobby, and I think it’s more fun (and creates more value for the world) than most hobbies. If you don’t, someone else will. Simple enough.