Just be careful, don't want to waste your time banking on something that is your only business model should it get taken away. Otherwise the app looks great and very useful!
I think Google plus seems to be missing one VERY important factor for getting and keeping customers...it doesn't have a clear value proposition. I am one of the 'early adopters' and I still don't understand what it does or the benefit of using it. Until Google can make their value proposition clear they have no chance of staying alive.
Love the concept and look of it however I know companies before had issues integrating listings from craigslist because of their terms of service. Has this changed at all? If not it may be something to watch out for...read what happened to oodle: http://www.siliconvalleywatcher.com/mt/archives/2005/10/crai...
I don't think you get bored, I think you just aren't that into it. And that is ok. You may think that you love what you are doing in the first two weeks because it is new and exciting, but reality is if you find something you are truly passionate about and love to do you will stick with it. It is just a matter of finding it. And there is nothing wrong with trying different things until you find what you love to do most.
It is interesting that this article brings only very successful companies to mind. What it doesn't mention is the number of companies that have failed as a result of not taking the money in fear of giving up equity. Ultimately, if you don't have the money to keep your company afloat, everyone fails. If your company will fail without it, does giving up a little extra equity in order to make it succeed seem so bad?
Thanks for the response. We are a online travel company targeting students/young professionals. General ideas we already have are online/social media marketing as well as partnerships (whether on campus or that already reach this group). We would like to think of some creative ideas to reach this market. Something outside of the box that could potentially go viral.
From the research we have done places say to backorder on the three biggest sites and you only get charged when one of them gets it so you don't lose anything by doing it on all three but it gives you the biggest chances. The sites are namejet, snapnames and pool
Thank you for this in depth answer. I would really appreciate your input since you know quite a bit. What is your email so I can send you some specific information?
Thank you so much for your response/advice. I tried doing what you mentioned as I have a PR firm and said I was trying to acquire it for a client but they set a ridiculous amount for a domain that is really not worth anything (not a special name, etc) and when I said my client can only pay XXX they said no. Anything else I can do or just let it go? I gave them a value pretty high (higher than I have seen on auctions for much better/more valuable domains) and they have had the domain for 10 years and done absolutely nothing with it so I am not sure why they think they can get such a high price for it.
Thanks for posting, have been looking for a startup scene in Hamburg in vain since I am working on my startup from here until December- looks like I need to start making regular trips to Berlin ASAP
Ambitious people can often times be the worst procrastinators because they can have an over inflated idea of what they can get done in a given day putting too much on their plate and thus leaving off many things for later days (often times the things they dread most which keep getting put off)...
I absolutely love the first point that they make to not start out with a regular routine of reading news or checking your email because I think many people (including myself) do it as a habit and then get completely sidetracked from it (especially email) leaving everything else on a side-burner until later. I didn't even think about this point until reading this. If you do something you dont want to do first you will have more motivation to get it done so that you can get back to your regular routine. Since people are creatures of habit its quite a big motivator.