I get this type of response a lot from people--and it's a bit of a misconception. While, naturally, I'm not going to say I speak for all the kids here who work hard to earn their loot, I'm only speaking for myself when I say, I enjoy it. I run a company because I'm passionate and driven by what we do--and macs, these setups, etc., are just tools to get what I want to do, done.
I think High School is about discovering yourself, and while the "norm" may be going out, partying, and your definition of fun, in most circumstances, the ones who are running businesses have moved past discovering themselves, and instead of spending time to set new life goals, we're set on achieving them.
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Thanks!
Haha, yeah, that was just one of those books I totally saw at random in the bookstore and *had* to have it. Was well worth it too--some really interesting stuff in there. For sure a good coffee table book
As for the hosting--yeah, it's a bit steep to get into without a consistent cash flow at first--but nevertheless, it's quite profitable (even at the insanely great prices we offer!), just not as much as software, naturally. We got the money by starting small, and growing from there.
As for some business tips..here's what I've learned so far:
* Do what you love: Work is going to fill a large part of your time, and it's essential that you love your work--it's the only way to move from doing good work, to great work. When you're "Powered by Passion" (a tagline we use a bit around EM), work doesn't quite seem like work.
* Get psyched about it!: People around you base their attitude and behavior as a response to yours. So get psyched about what you do! Show them you, as a consumer yourself, believe in your products, and are passionate about them. It shouldn't be hard--because you shouldn't be acting.
* Go for it: I've seen all too many people lose out on great ideas because they didn't follow their hearts. Business is a neatly wound package of risks--and you've got to be ready to make your fair share. You can't be great by being normal.
* Find others who love it too: When you start to grow, don't get overconfident. Confidence is the poison that makes successful people think they can't lose. Your employees reflect almost EVERYTHING about your company--don't settle. Find employees who truly want to do what you're asking them to do, and are passionate and involved in the field.
* Spend Wisely: When you start making money, it's going to be a bit overwhelming at first. That's unavoidable--but you can be prepared. Don't shy away from starting Excel spreadsheets of overhead expenses, payroll, etc., early. It may seem awkward to plan so far ahead--but it's going to seem a lot smarter when you're overloaded with things to do.
* Dealing with other people: People *are* going to get jealous. People *are* going to single you out. You're doing something great--and they want the result too. Don't feel bad about it either--everyone has the potential, it's just lazyness that gets in the way.
I believe in the "next great thing," do you?