David Heinemeier Hansson, the creater of Ruby on Rails, recently gave an inspired presentation on starting your own company. His big secret is "price". You create a great application, price it, and make money from your users. It is an amazingly simple concept. If you get past the need to make a billion dollars from every idea you have. Then you open the possibility for creating a great application that can make millions of dollars by providing a great service to your customers.
Like most of my friends, I am always trying to come up with the next great "Facebook". If you consider the odds, this is like trying to win the lottery. I've changed my views after this presentation. It is a nice course correction for the crowds chasing the next web 2.0 dream
Give it a watch, let me know what you think
