It seems like today a startup is not a startup unless it burns through at least 200k a month with no revenue.
Why do twitter or facebook need more than a 20 man team?
I built a few sites myself. Put Adsense on them and make a good living off it.
I read articles, though, of startups raising 7 figures who have not a dime of profit or even revenue. Why do they need 7 figures? To hire a CEO and human resources????
There are numerous examples of what once were startups, and today being successfully run out of a small office or even an apartment and making the founder 100k/year.
Today, however, it seems you need legal work, an accelerator, VC’s, Seed Money, etc. Even then it will usually fizzle out.
I wish more people would stop calling themselves entrepreneurs and just make your idea happen. For example, read the pof.com story. He was a one man team until his earnings hit 6 figures a month.
“Keep it simple”