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> in debt, maybe kicked out of your place because you can't pay rent, I'd say that rather terrifying. There are two types of businesses out there. Those that m
by maratd 11y ago
> in debt, maybe kicked out of your place because you can't pay rent, I'd say that rather terrifying.
There are two types of businesses out there. Those that make money from day 1 and simply need to be scaled up. Those that require substantial investment and time before you even make a penny.
For anyone who isn't financially secure, doing the latter is idiotic. There are plenty of business models that you can pursue that don't involve you ending up on the street. A business model where the worst-case scenario is that you wasted some time.
- fataliss 11y agoWhile it is true that you have profitable businesses from day 1 or almost, it still reduces your chances to be able to be an entrepreneur coming from the bottom. This article doesn't say it's impossible. Just that it's less likely/harder. That's a hard truth. You can build around all you want, there is no denying it.