Top ten geek business myths

There’s a grain of truth in most of these myths, but they’re myths nontheless. Saw it on Slashdot.

Myth #1: A brilliant idea will make you rich.
Myth #2: If you build it they will come.
Myth #3: Someone will steal your idea if you don’t protect it.
Myth #4: What you think matters.
Myth #5: Financial models are bogus.
Myth #6: What you know matters more than who you know.
Myth #7: A Ph.D. means something.
Myth #7: I need $5 million to start my business
Myth #8: The idea is the most important part of my business plan.
Myth #9: Having no competition is a good thing.
Myth #10: After the IPO I’ll be happy.

Read the explanations.

One Response to “Top ten geek business myths”

  1. Tim Lin says:

    i have to say u wrote some funny stuff abotu the top 10 thing and btw ive met u in real life before and i know your sis :D audrey xD ya XD my name is tim XD

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