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Good perspective to focus decision-making. I think option 3 is a little too simplistic, however: > If you can't grow or you can't make money doing what you're
by CognitiveLens 10y ago
Good perspective to focus decision-making. I think option 3 is a little too simplistic, however:
> If you can't grow or you can't make money doing what you're doing, then don't do it
It seems to me that better advice would be: If you can't grow and make money, be very cautious about how many resources you commit to the project. Passion projects have a place, and it seems like 'pivoting' can be a powerful way of using what you've learned to move in a better (profitable?) direction - both are valid options besides "don't do it"
- exolymph 10y agoI agree. Absolute statements can be quite impactful rhetorically, but they often don't capture the whole truth.
- beachstartup 10y ago'passion projects' are called 'hobbies', and this post isn't talking about that.
- CognitiveLens 10y agoIt's talking about what to do if something you considered treating as a business doesn't look economically viable - I am suggesting that instead of shuttering the project, it is perfectly valid (and even beneficial) to keep it going as a hobby/passion project. Just because it's not going to make you money doesn't mean it's not valuable, particularly since you'll likely learn a lot that can be applied to future entrepreneurial projects - just don't over-commit.
- awesomerobot 10y agoThat's a much better way to put it. Some really fantastic projects come from places with no growth or profitability. I'd hate to not have those.
- the_watcher 10y agoI think he is giving advice specific to a project that is explicitly for the purpose of making money. I didn't get the sense that this advice applied to something that you were building just because you wanted to.