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Feels like he doesn't give the businesses enough time to gain popularity. Some of them were clearly not bad ideas, like the ad management one.
by bufferoverflow 8y ago
Feels like he doesn't give the businesses enough time to gain popularity. Some of them were clearly not bad ideas, like the ad management one.
- DougN7 8y agoI was going to say the same thing. Success takes perseverence.
- tonyedgecombe 8y agoIt seems to me he is persevering, at starting new businesses.
- azhenley 8y agoThat was my first thought. But maybe he prefers the ideation phase and getting it started (I know I do). Regardless, this gives me hope because he has made money from several of them!
- santoshalper 8y agoI noticed the same thing. The one that jumped out to me was something like, sold before it launched for $10000. Why would you build something and take 10 grand instead of launching it? Desperation?
- jimnotgym 8y agoI suppose it depends how much you need 10k, and how much you believe in the business.
- k1ns 8y agoI would gladly take $10k and move on to my next project over building, marketing, sales, etc., with no promise of a return. He obviously enjoys the inception/building phase and that time he got to build and then cash out with very little investment. If I was very confident that my idea would take off, I'd reject early offers and go for it. However, for many of us, everything after the building phase is like pulling teeth. For others, its great. But I definitely relate to that decision.
- Shpigford 8y agoPart naivety on how markets/competition worked at the time and part “I have a $10k tax bill that I need to pay” (which is a whole other story in itself).
- Shpigford 8y agoCompletely agree! Me posting that spreadsheet was certainly not a recommendation for anyone to emulate me. There are definitely businesses in there that I regret moving on from too soon but you live and learn. ¯\_(ツ)_/¯