For Introducing Yourself - Without Links!  - 
 
 
If everybody had to predict what the future was when they started companies, none of the companies would be successful. Take YouTube, it started as a dating site. PayPal started out as a mobile app. Both of these companies had to evolve in order to become successful. The key to the future success is the ability to iterate, the ability to try new things and essentially figure it out as you go along. It's a right quote, "The best way to predict the future is to invent it."

In other words, you can't really predict the future at a great level of detail. You might be able to spot broad trends, but the timing in which these trends actually happen has a lot to do with serendipity: whether you have the perfect product and the perfect guy meets the perfect Venture Capitalist and that generates the whole thing.

So, the best way to predict the future is by focusing on "what we have now" and focus on the process that will move an idea forward rather than trying to predict what it's going to be like five or 10 years from now.
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Runaway Pte Ltd's profile photoJason Hinchliffe's profile photoJoe Terry's profile photoBespoke Outsource's profile photo
6 comments
 
This reference of youtube needs some citation / revision.  It is, and has always been, for the purpose of sharing video's easily.

I understand predicting the future is hard, but you need to know what you're getting into.  You can't just start a company for the sake of wanting to own a company.  I understand some things (like Pinterest) will evolve and expand their horizons - but never - NEVER - just start a lemonade stand because you want to someday own a Baseball team.  Investors shy away from uncertainty like its the plague.
 
I've read a few biographies lately and found it fascinating how Andrew Carnegie started out in manufacturing as the lowest level laborer then became a messenger. Mark Twain became a Mississippi riverboat pilot, a failed Confederate soldier and a silver miner and gold miner. He did, however, throughout these activities write. The point is that they built upon their experiences and seized opportunities.
 
Is it your opinion,or your prescription for success.Would you mind my having a different opinion than that of yours.
 
It's my opinion, not a prescription for success. And I would be glad to hear your opinion.
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