4 ms·
It’s far better to join a startup in your desired industry, or work for multiple startups, large companies etc. Then take that experience earned on someone else
by iamleppert 7y ago
It’s far better to join a startup in your desired industry, or work for multiple startups, large companies etc. Then take that experience earned on someone else’s dime and start your own company.
I 100% agree there are too many young founders trying to compete in industries they know nothing about, with little skill, and with abhorrent management skill. Especially the last one is something you only get good at with the right experience and is crucial for starting a company (being able to manage others). I’ve made the mistake of working for young founders and asked myself the question: how & why would someone ever think this person could be successful?
Why do we have so many young incompetent founders? I blame the VC’s, who encourage a toxic culture that basically ensures people’s failure. They give people who are ill-equipped in almost every way money and then pray. There are exceptions to the norm, but they are just that —- exceptions. I think that’s why there’s all this mysticism built into the culture where it should be a lot more reasoned.