Looking for a Business Model?

Stop!

That is, if you are a computer scientist with a cool idea. If you have an idea for a technology that people will use (make sure people will actually use it!), then there is no need to waste your time finding a great business model. Instead, focus on building the technology while you are still pumped about your idea.

Trying to figure out how you will make money before having a working technology is a good way to lose motivation on a project. In addition, there is a good chance that your technology will need to be applied in ways you never thought of and you will need to constantly adapt to what your market/users/customers want.

So if you have a cool idea, don’t get distracted by all the business stuff – just hack away and worry about monetizing it later.

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~ by Dounan Shi on April 17, 2009.

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