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physically, to make startup a success out of 99% failure rate, you have to laser focused with a small capable team to break through somewhere. A loose team is r
by ausjke 7y ago
physically, to make startup a success out of 99% failure rate, you have to laser focused with a small capable team to break through somewhere. A loose team is really hard to make profit before everyone is burned out. Hiring is painful, or the most painful plus it's super time consuming and distracting, finding nice peers sharing equity is even harder, harder than finding a wife on tinder I feel. I don't have better ideas though.
- opportune 7y agoI think I would have an easy time finding peers to share equity from my personal network, although I could only know for sure when push came to shove and it was actually time to start working. But yeah it could be really hard running an actual business where everyone is only working 8-25 hr/week. For it to be viable, you would need to focus on getting an MVP up fast and reaching ramen-profitability. Then once there's enough money for everyone to pay their bills, you could start transitioning people to fulltime. Again since you are sharing equity generously, as long as you find like-minded peers, ramen profitability for each employee/co-founder is all you need