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David Heinemeier Hansson, creator of the Ruby on Rails framework and Partner at 37Signals gives insight into creating a profitable startup company.
Video Rating: 4 / 5

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Great information Paul. Thanks for the info.
It took me thirty years to learn what this young man appears to have learned in five and he still knows more than me. Great stuff!
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Even founder of Facebook says he won’t leave Facebook because this is his baby and he isn’t smart enough to start another Facebook. Facebook, google etc., were strikes of genius and luck. Not a business model folks. Just another gold rush.
I like the line ‘ they don’t have a wave to catch. just happy making money’ this is the crux of his talk. Focusing on catching a market ‘wave’ is risky and not likely to succeed, as well as delusional. Focus on a great product or service, design a price structure and SELL SELL SELL.
@pepijn744 yeah. I thought of this video and watched it to motivate me too. Nice to know others find it helpful too!
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Some one like him is most qualifies to be on technology start-up boards.
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As mentioned by jfrumar in the earlier comments (thanks), this video is available *with slides* on Omnisio.
Since I cannot paste a direct link, a quick google search for “omnisio david heinemeier” will do the job
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@norik000: the “no slides” means we will have to attend to next meetings like these
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LOVE this video
@ihateuutube He doesn’t have his head up his ass; he’s actually pretty uniquely grounded in reality as far as startups go. And in case you you weren’t listening, he doesn’t want to be a “true tech titan (ttt (C))”.
I appreciate David’s points and really like he other talks. He may come off the wrong way some way, we all do!
I like the breakdown of the economics 101, esp. to the facebook-model-billionaire mindset. Its a mindset, not a viable business plan. David sheds light on good practices for a real business strategy and a successful life.
A breathe of fresh air. Thanks David!