Comments on: How to build a company and flip it for $12 million http://www.sitepoint.com/blogs/2004/09/29/how-to-build-a-company-and-flip-it-for-12-million/ News, opinion, and fresh thinking for web developers and designers. The official podcast of sitepoint.com. Tue, 02 Dec 2008 11:30:37 +0000 http://wordpress.org/?v=2.5 By: JMorrow http://www.sitepoint.com/blogs/2004/09/29/how-to-build-a-company-and-flip-it-for-12-million/#comment-6085 JMorrow Wed, 31 Dec 1969 19:00:00 +0000 206418383#comment-6085 <p>Yup. It only makes sense. Much less hassle, much less expensive, and much faster delivery of profit.</p> <p>Here's a strategy that ties into that one: develop a free version of another company's product and let them buy your company to get rid of you. People do it to Microsoft all the time.</p> <p>Anyway, thanks for posting the article, Andrew. I love reading things like this.</p> Yup. It only makes sense. Much less hassle, much less expensive, and much faster delivery of profit.

Here’s a strategy that ties into that one: develop a free version of another company’s product and let them buy your company to get rid of you. People do it to Microsoft all the time.

Anyway, thanks for posting the article, Andrew. I love reading things like this.

]]> By: frostproof http://www.sitepoint.com/blogs/2004/09/29/how-to-build-a-company-and-flip-it-for-12-million/#comment-6086 frostproof Wed, 31 Dec 1969 19:00:00 +0000 206418383#comment-6086 <p>Thanks for pointing this article out Andrew!</p> <p><strong>A Tip:</strong> To save this article I clicked on the "format for print" link, which condenses it entirely onto one page. I then saved it as a PDF. I use OS X, where the normal print feature, has "Save as PDF" option.</p> <p>I've also read nothing but good reviews lately on the new Guy Kawasaki book "The Art of the Start." istockphoto.com is running a special on it! Ordering a copy for myself today!</p> Thanks for pointing this article out Andrew!

A Tip: To save this article I clicked on the “format for print” link, which condenses it entirely onto one page. I then saved it as a PDF. I use OS X, where the normal print feature, has “Save as PDF” option.

I’ve also read nothing but good reviews lately on the new Guy Kawasaki book “The Art of the Start.” istockphoto.com is running a special on it! Ordering a copy for myself today!

]]> By: ant1832 http://www.sitepoint.com/blogs/2004/09/29/how-to-build-a-company-and-flip-it-for-12-million/#comment-6087 ant1832 Wed, 31 Dec 1969 19:00:00 +0000 206418383#comment-6087 <p>The stories in that articles are really inspiring. Thanks for pointing it out.</p> The stories in that articles are really inspiring. Thanks for pointing it out.

]]> By: Stas http://www.sitepoint.com/blogs/2004/09/29/how-to-build-a-company-and-flip-it-for-12-million/#comment-6088 Stas Wed, 31 Dec 1969 19:00:00 +0000 206418383#comment-6088 <p>Be careful, Guy Kawasaki's book is ways cheaper from Amazon rather than from istockphoto.com<br /> </p> Be careful, Guy Kawasaki’s book is ways cheaper from Amazon rather than from istockphoto.com

]]> By: Hormone http://www.sitepoint.com/blogs/2004/09/29/how-to-build-a-company-and-flip-it-for-12-million/#comment-6089 Hormone Wed, 31 Dec 1969 19:00:00 +0000 206418383#comment-6089 <p>In reference to frostproof's comment the same is possible within any application for Windows. All you have to do is install the free utility pdf995 (just add .com to find the webpage - they also have other utilities for PDF's).</p> <p>hanks for the heads-up Andrew! What a concept!</p> In reference to frostproof’s comment the same is possible within any application for Windows. All you have to do is install the free utility pdf995 (just add .com to find the webpage - they also have other utilities for PDF’s).

hanks for the heads-up Andrew! What a concept!

]]> By: DLG_1 http://www.sitepoint.com/blogs/2004/09/29/how-to-build-a-company-and-flip-it-for-12-million/#comment-6090 DLG_1 Wed, 31 Dec 1969 19:00:00 +0000 206418383#comment-6090 <p>wow! I've been spending the past 5 months thinking of ideas for a small business with an exit strategy, similar to that detailed in the article. </p> <p>after reading, i'm more motivated than ever...and finally tonight I thought of the perfect project!!!</p> <p>I'll let you guys know if I ever get rich.</p> <p>:-D</p> <p>regards,<br /> DLG</p> wow! I’ve been spending the past 5 months thinking of ideas for a small business with an exit strategy, similar to that detailed in the article.

after reading, i’m more motivated than ever…and finally tonight I thought of the perfect project!!!

I’ll let you guys know if I ever get rich.

:-D

regards,
DLG

]]> By: runsamok http://www.sitepoint.com/blogs/2004/09/29/how-to-build-a-company-and-flip-it-for-12-million/#comment-6091 runsamok Wed, 31 Dec 1969 19:00:00 +0000 206418383#comment-6091 <p>Hello! Reading your article makes me want to learn how to develop software! =) </p> Hello! Reading your article makes me want to learn how to develop software! =)

]]> By: Matt Mickiewicz http://www.sitepoint.com/blogs/2004/09/29/how-to-build-a-company-and-flip-it-for-12-million/#comment-6092 Matt Mickiewicz Wed, 31 Dec 1969 19:00:00 +0000 206418383#comment-6092 <p>I don't think you even have to knwo how to develop software to take advantage of this. Come up with an idea, hire a team, and execute. </p> I don’t think you even have to knwo how to develop software to take advantage of this. Come up with an idea, hire a team, and execute.

]]> By: Agitator http://www.sitepoint.com/blogs/2004/09/29/how-to-build-a-company-and-flip-it-for-12-million/#comment-6093 Agitator Wed, 31 Dec 1969 19:00:00 +0000 206418383#comment-6093 <p>Me thinks I've been going about this all the wrong way. I'm structured by nature and tend to overthink the details. Time to get to work and worry about the details later. Great read! Thanks Andrew!!!</p> Me thinks I’ve been going about this all the wrong way. I’m structured by nature and tend to overthink the details. Time to get to work and worry about the details later. Great read! Thanks Andrew!!!

]]> By: Dorsey http://www.sitepoint.com/blogs/2004/09/29/how-to-build-a-company-and-flip-it-for-12-million/#comment-6094 Dorsey Wed, 31 Dec 1969 19:00:00 +0000 206418383#comment-6094 <p>This sounds like dot-com redux - looking for the pot of gold by sitting around thinking about it real hard, rather than building a business the traditional way. What's different this time around? Having been down this road, I can tell you it's not as easy as it sounds. As many investors (VC and angel) have told me, you need more than a killer idea this time around, you need a fully-formed product with a solid customer base, and a track record of steady month-to-month and quarter-to-quarter revenue growth (not just sales) before anyone's going to take you seriously, much less throw a seven-figure offer at you.</p> This sounds like dot-com redux - looking for the pot of gold by sitting around thinking about it real hard, rather than building a business the traditional way. What’s different this time around? Having been down this road, I can tell you it’s not as easy as it sounds. As many investors (VC and angel) have told me, you need more than a killer idea this time around, you need a fully-formed product with a solid customer base, and a track record of steady month-to-month and quarter-to-quarter revenue growth (not just sales) before anyone’s going to take you seriously, much less throw a seven-figure offer at you.

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