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>> We've decided to not take any seed money at all and just self-fund. Smartest thing you can do. You have no one to answer to and you can determine your own s
by at-fates-hands 10y ago
>> We've decided to not take any seed money at all and just self-fund.
Smartest thing you can do. You have no one to answer to and you can determine your own success.
>> if you believe in your idea, keep going! Success is driven more by determination and persistence than anything else.
This. A thousand times, this.
I've seen so many startups give up because they didn't get their VC money, or get accepted to an accelerator program. I used to tell my partner that you want rejection, you want people to say no to you. This is a numbers game. The more people that tell you "no" means the closer you get to someone saying "yes".
There is a famous story called, "3 feet from Gold" where a man had a mine and worked for years and barely got by with a few gold nuggets here and there. After 3 years, he finally gave up and sold the mine to another miner. The new miner went in and did some geological tests and found out the man was only 3 feet from a huge gold vein. Within months, the new owner was rich beyond his dreams.
The point is, being persistent and not giving up is important because you never know how close you are to hitting that huge vein of gold.
- fferen 10y agoI think the point there is to know how to do those geological tests :)