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I've been thinking about this recently and these are my thoughts exactly. It leads to an interesting question. Do I have a competitive advantage as a startup fo
by lukasm 11y ago
I've been thinking about this recently and these are my thoughts exactly. It leads to an interesting question. Do I have a competitive advantage as a startup founder growing up poor? Higher stress resistance (can chew a lot), no problem with low personal burn rate, better problem solving (no money for iPod from parents, run little business to get the cash)
- coldtea 11y ago>Do I have a competitive advantage as a startup founder growing up poor? No, it's all offset from not having great connections with the right rich people, not having personal safety net and deposits to be able to work for long in some prototype, etc, things much more important. It might work out for you, but in general there's not much for poor startup founders over rich ones.
- lukasm 11y agoI talking about growing up poor and then working in tech - similar to parent comment. Technology is reducing the cost of entry for increasing number of industries. YC and other communities are providing network. Working for a few years you can save up a lot.
- realitygrill 11y agoI'm not sure about growing up poor, but I'm pretty sure I've heard something about how a disproportional number of founders come from dysfunctional families. One even claimed that doing a startup felt natural to him, as the chaos of startup life was more similar to his upbringing. Apparently a regular job's stability made him uneasy.