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I’d remind myself the following: - ideas are a multiplier to execution and essentially worth nothing without the execution - a business-savvy founder who is w
by andrei_says_ 9y ago
I’d remind myself the following:
- ideas are a multiplier to execution and essentially worth nothing without the execution
- a business-savvy founder who is willing to walk the walk, knock on doors, sell the product, is a multiplier to the viability of the product.
- 9 out of 10 (or so) startups fail. So most likely, this one will fail. How much (calculated in hours * $100/h) am I willing to pay for one lottery ticket? A ticket which will guarantee a maximum of $?
- I need to pay my rent, insurance, food, student debts and save, or I’ll be in trouble soon.
- I have a limited number of heartbeats, a limited amount of cognitive resources per day.
- I am asking a question on a public forum about this situation. This automatically classifies it as a non-“hell yes!” decision.
- I would prefer a different arrangement but the founders are not open to what I really want. How do I feel about a career of compromise?
- gfenny 9y agoGood points, thanks for your insight