3 ms·
Meh, there's risk involved, but saying it's a "recipe for disaster" implies that you think the outcome is nearly set or that the odds are against you. I challen
by herewego 8y ago
Meh, there's risk involved, but saying it's a "recipe for disaster" implies that you think the outcome is nearly set or that the odds are against you. I challenge that line of thinking.
You don't necessarily "got 6-12 months to make your company profitable or it either fails or you get into massive debt." A counter example could be that if your company's net begins to converge towards profitability, your burn rate would decrease and it's entirely possible that your 6-12 months becomes 18-24 months. Bail if you don't see that convergence and you'll still be able to re-enter the workforce without wiping out your savings. It's not an all or nothing game.
Alternatively, just get to profitability in 6-12 months :)
- jcoffland 8y ago> that you think the outcome is nearly set or that the odds are against you Stats on most startups would agree.
- herewego 8y agoI would argue that personal circumstance is significantly more indicative of success than a generalized statistic.
- wild_preference 8y agoNow examine the price of "I should have tried" regret.