How to Start a Startup by Paul Graham:
"You need three things to create a successful startup: to start with good people, to make something customers actually want, and to spend as little money as possible. Most startups that fail do it because they fail at one of these. A startup that does all three will probably succeed.
And that's kind of exciting, when you think about it, because all three are doable. Hard, but doable. And since a startup that succeeds ordinarily makes its founders rich, that implies getting rich is doable too. Hard, but doable.
If there is one message I'd like to get across about startups, that's it. There is no magically difficult step that requires brilliance to solve."
Putting his money where his mouth is Paul Graham also announces the Summer Founders Program:
"In How to Start a Startup, I said there could be ten times more startups than there are. A lot of people who could start successful startups never do. When you're young the prospect seems too intimidating, and as you get older you lose the flexibility you need in your life to start one.
The most intimidating part is starting. So I decided I should offer something more encouraging than words."...
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