4 ms·
It's generally easier to learn business on the fly if 1) your gross margin is enormous, 2) you fluke into a massive network effect that can scale incredibly qui
by jacques_chester 8y ago
It's generally easier to learn business on the fly if 1) your gross margin is enormous, 2) you fluke into a massive network effect that can scale incredibly quickly because it is not bound by space and matter or 3) someone hands you literally millions of dollars in exchange for equity. Not debt, which comes with serious legal teeth, but equity, for which the worst threat is being upset you didn't get rich.
Ask someone who has built a cleaning business, or runs a restaurant, or who works as a roofing contractor, whether business is easy.