ezekielmudd wrote:I starting to wonder how Limor managed to get Adafruit going all by herself. I don't know if she's born into money, super-human or doesn't need regular sleep. She must have had a lot of help to get Adafruit going.
I starting to wonder how Limor managed to get Adafruit going all by herself.
westfw wrote:You don't just "start a business as successful as Adafruit." You start smaller and (if you're lucky) you BECOME successful. Adafruit was a lot smaller when it first started. There's a "sweet spot" to growth rate where your income from your current size is just about right for adding the next level of growth. Managing that involves a lot of skill, and/or luck.
TheFallen wrote:"The harder you work the luckier you become" I'm not sure where I heard that one, but it made sense. In addition Malcom Gladwell has this theory that to become successful (riches/fame) you need to spend around 10,000 hours working on it.
TheFallen wrote:With regards to Adafruit I think having the editor for what is essentially the only crafting/hacking/making magazine on your side certainly helps..
TheFallen wrote:This was then followed by the mintyboost which was semi-advertised through Instructables. I mean that in the sense Instructables was newish, and then Limor stuck up how to design a product from scratch, and then offered the product for sale.
TheFallen wrote:There was also a laser etching business although that, like the mintyMP3/wavebubble, has become defunct now.
lyndon wrote:I've never known anyone who got Venture Capital or Angel investment and personally, I know I'd feel awfully uncomfortable spending someone else's money. The tech businesses I'm personally familiar with started very small and grew slowly with plenty of hard work and sometimes a lucky break to speed things up a bit.
I think it's a disservice to the founder to say that they must have had help, or must have had something unusual (like free advertising) happen to be successful. Limor/adafruit is a success, but we never hear of all the businesses that did everything "right" and still failed. Or for that matter, all the businesses that are successful, but just stay below our radar.
I guess the real reason I'm writing this is that I don't want people who are thinking of starting businesses with OSH, or anything else for that matter, think that they must have huge investments or be very lucky in order to succeed.
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