One of the talks at Silicon Valley Launch event (which was fantastic) today was from Guy Kawasaki. The title of the talk was “”How I Launched a Web 2.0, User-Generated Content, Citizen Journalism, Long-Tail, Social Media Site for only $10,918.09“. Guy was referring to his new startup (hobby business, of course) Truemors. Here is Guy’s latest blog post on this topic
I sort of disagreed with the fundamental theme of Guy’s talk today at the SVASE Launch event. My reason for disagreement was as follows:
The key message from the talk was that times have changed and anyone can now build an online company for a song. However, Guy also mentioned that he was able to do this for $12K because of his identity that was built over last 24 years. My dilemma was:
2. For the minority (who have an identity closer to Guy’s identity) it is not applicable because there is only one GUY (pun intended) who can try such crazy things.
So, I started questioning what was Guy trying to achieve from his talk.
I have the utmost respect for Guy and consider his blog almost as an online university for entrepreneurs. I was confident of one of the two things – either my logic was flawed or I was not seeing something that Guy was seeing. So I sent a note to him asking for an explanation. Here is Guy’s response (presented here with his permission)
* Get going or people will wake up 24 years from now and still not have a lofty reputation to live off of and exploit.
* Okay, so Guy can do it with $12K. I’m not guy, but still maybe I can do it for $120,000. But this is still a lot better than having to suck up to VCs to raise $2 million.
* Life is not about waiting for an even playing field. It’s about slanting it towards you.
I agree with Guy and I hope that he will end the next presentation with these conclusions. There are not many guys (pun not intended) and gals out there who can think like Guy.