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	<title>Comments on: Getting risky in Minnesota</title>
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	<link>http://refactr.com/blog/2008/06/160/</link>
	<description>informs on and evangelizes best practices of using  &#60;a href="http://refactr.com/the-agile-manifesto/"&#62;agile methods&#60;/a&#62; when designing and developing what are currently being called “Web 2.0” products and applications.</description>
	<pubDate>Fri, 21 Nov 2008 08:42:13 +0000</pubDate>
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		<title>By: Ben Edwards</title>
		<link>http://refactr.com/blog/2008/06/160/#comment-15758</link>
		<dc:creator>Ben Edwards</dc:creator>
		<pubDate>Fri, 20 Jun 2008 15:51:14 +0000</pubDate>
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		<description>Robert - I think the entrepreneurial spirit is alive ad well in Minnesota and I agree that the VC/angle funding isn't very visible, and that the success stories are few and far between. However, speaking to the tech sector specifically, I would have to say that seeing the "payoff potential" is part of the risk equation. If I am evaluating my nice cushy job getting paid near to 6 figures or toiling away for less than half that and many more hours, the payout needs to be very attractive. I get that.

Maybe there is a vision problem as much as a risk problem. Maybe it is precisely because we don't have friends and neighbors we can look to as examples of what could be and so we fear the unknown too much. Chances are out in the valley this wouldn't be the case as stories of success are woven into the fabric of the community. Risk becomes something that comes with the territory versus something that is scary and paralyzing. 

So I guess to sum up, your ideas don't really contradict the idea that Minnesota technologists are risk averse but instead add context and support to that idea.</description>
		<content:encoded><![CDATA[<p>Robert - I think the entrepreneurial spirit is alive ad well in Minnesota and I agree that the VC/angle funding isn&#8217;t very visible, and that the success stories are few and far between. However, speaking to the tech sector specifically, I would have to say that seeing the &#8220;payoff potential&#8221; is part of the risk equation. If I am evaluating my nice cushy job getting paid near to 6 figures or toiling away for less than half that and many more hours, the payout needs to be very attractive. I get that.</p>
<p>Maybe there is a vision problem as much as a risk problem. Maybe it is precisely because we don&#8217;t have friends and neighbors we can look to as examples of what could be and so we fear the unknown too much. Chances are out in the valley this wouldn&#8217;t be the case as stories of success are woven into the fabric of the community. Risk becomes something that comes with the territory versus something that is scary and paralyzing. </p>
<p>So I guess to sum up, your ideas don&#8217;t really contradict the idea that Minnesota technologists are risk averse but instead add context and support to that idea.</p>
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		<title>By: Enfranchised Mind &#187; Twitter and Blogging</title>
		<link>http://refactr.com/blog/2008/06/160/#comment-15757</link>
		<dc:creator>Enfranchised Mind &#187; Twitter and Blogging</dc:creator>
		<pubDate>Fri, 20 Jun 2008 05:23:07 +0000</pubDate>
		<guid isPermaLink="false">http://refactr.com/blog/?p=160#comment-15757</guid>
		<description>[...] there was a lot of blog posts that were simply passing thoughts or sharing links I bumped into (link Refactr&#8217;s blog post that made me cranky) &#8212; those got moved onto my Twitter stream, because it was easier to share them there, and [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] there was a lot of blog posts that were simply passing thoughts or sharing links I bumped into (link Refactr&#8217;s blog post that made me cranky) &#8212; those got moved onto my Twitter stream, because it was easier to share them there, and [&#8230;]</p>
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		<title>By: Robert Fischer</title>
		<link>http://refactr.com/blog/2008/06/160/#comment-15756</link>
		<dc:creator>Robert Fischer</dc:creator>
		<pubDate>Fri, 20 Jun 2008 04:30:08 +0000</pubDate>
		<guid isPermaLink="false">http://refactr.com/blog/?p=160#comment-15756</guid>
		<description>I disagree completely.  If Minnesotans aren't taking risks in technology (and I agree they're not), I think it's because the payoff isn't clear.  What's the exit strategy for starting a tech company?  It's not like we've got a huge, visible VC community or a lot of local success stories.  What was the last Web 2.0 site to make it huge which was founded in the Twin Cities?

On the other hand, if you look at people leaving their jobs to start small businesses (including consulting shops like yours), or to do real estate investment, or to do acting or art or whatever, or those kinds of things -- there's a whole lot of people.  We've got thriving communities in all kinds of risky sectors.

There's something unique about our technology sector which is dissuading people from risk.  And, at least in my case, it's because I don't see the payoff potential.</description>
		<content:encoded><![CDATA[<p>I disagree completely.  If Minnesotans aren&#8217;t taking risks in technology (and I agree they&#8217;re not), I think it&#8217;s because the payoff isn&#8217;t clear.  What&#8217;s the exit strategy for starting a tech company?  It&#8217;s not like we&#8217;ve got a huge, visible VC community or a lot of local success stories.  What was the last Web 2.0 site to make it huge which was founded in the Twin Cities?</p>
<p>On the other hand, if you look at people leaving their jobs to start small businesses (including consulting shops like yours), or to do real estate investment, or to do acting or art or whatever, or those kinds of things &#8212; there&#8217;s a whole lot of people.  We&#8217;ve got thriving communities in all kinds of risky sectors.</p>
<p>There&#8217;s something unique about our technology sector which is dissuading people from risk.  And, at least in my case, it&#8217;s because I don&#8217;t see the payoff potential.</p>
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		<title>By: refactr blog on software development, design, agile processes, and business Blog Archive &#187; Best Buy tries its hand at being small.</title>
		<link>http://refactr.com/blog/2008/06/160/#comment-15734</link>
		<dc:creator>refactr blog on software development, design, agile processes, and business Blog Archive &#187; Best Buy tries its hand at being small.</dc:creator>
		<pubDate>Fri, 13 Jun 2008 16:53:39 +0000</pubDate>
		<guid isPermaLink="false">http://refactr.com/blog/?p=160#comment-15734</guid>
		<description>[...] the next generation of software for people who expect more from their web applications.    &#171; Getting risky in Minnesota [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] the next generation of software for people who expect more from their web applications.    &laquo; Getting risky in Minnesota [&#8230;]</p>
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