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You don't need money to start a startup. It is only startup culture which emphasizes it. When you've got nothing, you don't have anything to risk, so those peo
by aaron-lebo 9y ago
You don't need money to start a startup. It is only startup culture which emphasizes it.
When you've got nothing, you don't have anything to risk, so those people without resources but with drive are as good a place as any.
My friends and I are working on something in the garage. It might not turn into anything, but when you only make 40k a year, it doesn't take much to be really successful. The thought of making an extra 20k a year is life changing for me and my friends. For a lot of people with great jobs or who are used to wealth, making less than 120k a year is a sacrifice. That's a huge disadvantage, and it becomes even more so when your entire company is filled with people like that.
- albertgoeswoof 9y agoWhat are you making in a garage?
- imhoguy 9y agoYou don't spend money but you spend your other precious resource which is your private time. With money you can leverage a project by buying somebody else time (employee, partner). Such may be not 1:1 comparison of your own dedication but with fair equity and good match you may get similar drive.
- anth1988 9y agoWhen you've actually got nothing you spend your days fighting to survive. See every homeless person ever.