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Don't get lured in by the bright lights of VC-Vegas - instead focus on building a profitable business where you get money because people buy what you have to se
by agentultra 16y ago
Don't get lured in by the bright lights of VC-Vegas - instead focus on building a profitable business where you get money because people buy what you have to sell.
I think a lot of tech startups tend to miss this point and go straight for funding. They think that they'll just get big first and worry about "monetization" later. That's a crap-shoot! Such high risk is a tax for fools.
If you're really thinking about being in business for yourself, just start an honest business. Start with the nuts and bolts. Collect some invoices and sell some product. If your demand begins to out-pace your ability to deliver, then you have a good indication that you should go get funding.
It's just a perspective. The "funding first, revenue later" idea has worked. It's just not for everyone. You don't have to quit your job out-right to start a business. I know people who work at a part-time job while they work on their business. One day they hope to quit that too and let their business take them where ever it may. It's a viable alternative to the nerve-wracking pain of selling out to the VC merry-go-round.