“Most of the people who have mentored me tell me that it’s not always the right answers that help - it’s asking the right questions. There was a discussion a few months ago on whether being small had its advantages — agility, speed etc. My response then was that it all depends and I stick to the same opinion even today. While being small has its advantages, it has its disadvantages too — especially if you are a small technology business.”

A list of sites, technologies and people that can help you get your business running, by Nick Denton.

“There are so many reasons to start a company today, but the biggest one is because it’s cheap. You can now rule out having to pay Microsoft for anything because of open source software, like Linux and MYSQL, and all of the free - or almost free - productivity and communication tools like Basecamp and Skype. And, let’s not forget how inexpensive hardware and Bandwidth is. In 1999, we had to spend $500k to build a website that, today, would only cost $20k-$30k . Operational costs haven’t changed that much, but the point is it takes a lot less money than it did only 5 years ago.”