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Being a developer really helps. I've interviewed many dozens of self-funded founders who've explained that the reason they felt comfortable "taking the leap" of
by csallen 7y ago
Being a developer really helps. I've interviewed many dozens of self-funded founders who've explained that the reason they felt comfortable "taking the leap" of entrepreneurship was because they knew they could always fall back to working as developers. Getting paid hundreds of thousands of dollars to write code is a pretty solid fallback plan.
This was true for me as well, and is why I've never had trouble starting things, even when I didn't have investors or a rich family to rely on.
YMMV, etc…
- soneca 7y agoNot only that, but (for tech products) they don't have to invest tens of thousands of dollars paying someone to build the software.
- rolltiide 7y agoExactly, being an entrepreneur has a survivorship bias from having an excess in money or some other resource People that want to make high margin, high growth companies will be making “tech companies” (cloud based ephemeral software services) Developers are rich in “I dont need to pay other developers I cant communicate with to build the initial idea” and are ALSO rich in money Survivorship bias means they can try and fail and try again very quickly, compared to someone that gets one shot before having to save up again for the next 15 years who experiences life changes and loved ones saying “maybe its time to get realistic Roy”
- ct520 7y agoI feel your post sums up my thoughts well. As a developer it easier to be an entrepreneur for sure .