3 ms·
"Most startups are on a trajectory towards bankruptcy. That's the point" Spoken like an irresponsible gambler. You could utilize: 1.) Savings - Money saved u
by startuprules 17y ago
"Most startups are on a trajectory towards bankruptcy. That's the point" Spoken like an irresponsible gambler.
You could utilize:
1.) Savings - Money saved up, maybe used to purchase things, fund companies
2.) Lean startup method - one should bootstrap until a market/user fit is found, while working full time
3.) Scale up when you have the revenue/demand, not until then.
Otherwise, you're just gambling with other people's money. We have enough gambling in this economy as it is. (Goldman Sachs is leveraged 100 to 1)