Well that certainly has to do with both business sense as well as the risk taking ability and what he feels comfortable with.
To do something compelling you have to want to take that risk (which could result in spectacular success or failure). Joel might not want to bite off more than he can chew or he simply might not be creative enough to come up with anything "more compelling domain than bug tracking and PM".
That is why a good programmer needs to be around good business people (add: as well as people with ideas and a feel for the marketplace). They are two different skills. Same with medicine. Doctors specialize. You don't find that someone is the best thoracic surgeon and world famous also does urology. Maybe he also dables in photography but he's not going to be as good as Ansel Adams who does it full time. Business is a skill and takes full time attention. So does programming.
Look at PG. Running YC is a full time job. While he can certainly do programming on the side now and maybe write a book you're not going to tell me he can do all three better than a specialist who can devote full attention.
That is why a good programmer needs to be around good business people
Partnering with a business person for my next venture is something I'd like to try, but it's not exactly clear where you find a good business person who wants to partner up. The business people I am in contact with are already busy with their own things.
Unlike a programer who might be presently doing the 9-5 corporate job, it seems like a good business person will always be busy doing their own businesses, as that is what business people do.
I have been mulling over something in particular as of late, but I presently don't have much interest in building it if I'm also going to be responsible for selling it. A partner seems like it would be a good fit.
"where you find a good business person who wants to partner up"
My first question would be to ask you where you are located? Not sure if you want to reveal a specific city or not. Where you are matters.
"The business people I am in contact with are already busy with their own things."
True. Which is why you need to be somewhere where there is a chance of meeting people who are in between, recently graduated etc. There is also the possibility of someone who is employed full time starting to help and give advice on the side. When/if the venture takes off they would feel more secure in leaving their permanent job.
"it seems like a good business person will always be busy doing their own businesses, as that is what business people do."
You only need to find one person (it's like getting married). There are of course compatibility issues as well to consider.
"have much interest in building it if I'm also going to be responsible for selling it."
If you build it and it makes sense from a business perspective and have a prototype you can attract that one or two people you need. With just an idea of course you can't. Care to elaborate on the idea at all?
My first question would be to ask you where you are located?
Rural Canada, which I assume does not bode well. There's certainly no startup scene, so to speak.
Where you are matters.
Which is unfortunate because one thing that has always excited me about software in particular is that it democratizes location. I've had the opportunity to work with some amazing organizations from around the world without having to be physically present for any of them.
If you build it and it makes sense from a business perspective and have a prototype you can attract that one or two people you need. With just an idea of course you can't. Care to elaborate on the idea at all?
That's fair. I've built "hundreds" of prototypes before. Some I've come to realize are simply bad ideas, others I've decided were still good and were taken to market with some mediocre success. In those cases I have felt were limited due to my lack of business acumen. What is not clear to me is where to go even after a prototype has been made and still shows merit.
I don't mind sharing the idea, but after some further research I discovered some companies who are already working on pretty exactly what I had envisioned, so I'll spare you the details. Though I do appreciate your advice in general as there are millions of other problems that need to be solved so it will no doubt come up again.
To do something compelling you have to want to take that risk (which could result in spectacular success or failure). Joel might not want to bite off more than he can chew or he simply might not be creative enough to come up with anything "more compelling domain than bug tracking and PM".
That is why a good programmer needs to be around good business people (add: as well as people with ideas and a feel for the marketplace). They are two different skills. Same with medicine. Doctors specialize. You don't find that someone is the best thoracic surgeon and world famous also does urology. Maybe he also dables in photography but he's not going to be as good as Ansel Adams who does it full time. Business is a skill and takes full time attention. So does programming.
Look at PG. Running YC is a full time job. While he can certainly do programming on the side now and maybe write a book you're not going to tell me he can do all three better than a specialist who can devote full attention.