05.01.08
Breaking the Entrepreneurial Mold
So it would seem that the people who were Entrepreneurs 10 years ago still are.
I still have my Field Guide to the Dot Com Yettie, which explained how all the 29 year old Entrepreneurs (Young Entrepreneurial Technocrats) were running things. 10 years later the entrepreneur age is 39. Seems the old crowd is the new crowd.
I’m 10 years to young, but I was 10 years too young last time, and with no college degree and 3000 miles from home I don’t fit the mold.
Dawn Kawamoto is insane…
So, if you’re going to attend college with the idea of starting a tech company later, consider an Ivy League school in a state where the cost of living is low because chances are good you’ll remain in the area upon graduating, and employees often are the greatest expense to operations. That’ll help with the profit margins, since going to an Ivy League school may mean your revenue will be higher.
Dawn, Ivy League Schools tend to be in New England, not the cheapest place to get tech workers, but more importantly, not where you are likely to have the best selection of Tech workers either.
Picking a place that is cheap often means a place where the education level is lower. I don’t de-value my home town, the people are great, but you aren’t going to find a PHP programmer in Reading, MI, and you aren’t going to find a SQL Server Cluster Admin with load balancing experience in places with lower costs of living.
I would be much happier living back in Indianapolis, with my rent being 1/3 for a place twice the size. But I would not be recruiting top tier employees, and I’d have much harder time finding VC’s.
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