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Most people that I meet who run startups do so because a) they enjoy the challenge of building something cool and useful and making money from it, and b) they w
by swombat 16y ago
Most people that I meet who run startups do so because a) they enjoy the challenge of building something cool and useful and making money from it, and b) they would like to make enough money to not have to worry about money.
Even if you're trying to build a Gatesian empire, I'd argue that taking it in steps could be a better approach, more likely to get somewhere. See Richard Branson as a counterpoint to Gates/Jobs/etc. And the advantage of taking it in steps is that if you don't have what it takes in both personal qualities and incredible luck to make it to the top, you're still left with something.
I don't think anything you or I can say on a website will divert a Steve Jobs or Michael Jordan from their intentions, in any case. :-)
But, certainly, both philosophies exist and have their pros and cons. Which one do you think is right for most people?
- wheels 16y agoWhich one do you think is right for most people? Neither. And that's the essence of what I'm getting at. I don't think there's a singular this is what people (or entrepreneurs) should do. It's widely variable upon the person, their constitution and tolerances, and for most people, probably altogether a bad idea. It's also a false dichotomy; in practice successful people, for either definition, do not choose between either or, but varying degrees of both.
- swombat 16y agoI like it. "Founders! Do what makes sense! Use your brains, dammit!" Good advice for all :-) Worth noting that I explicitly did not judge whether it made sense for the SocialCam team to do it this way - I'm only criticising the general stereotype that "you have to sacrifice everything in order to make it". Imho that method works in a very small number of cases and is dangerous in most.