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It is not about level of income, but about long term sustainability, which I believe should be main goal. Small business is fragile endeavor, comparing to both
by riku_iki 6y ago
It is not about level of income, but about long term sustainability, which I believe should be main goal.
Small business is fragile endeavor, comparing to both regular employment and scaling small business to larger one with higher resistance to risks.
- ineedasername 6y agoSure, but if stability is your goal, you're much more likely to find stability by attempting to create a small business than by attempting to create billion dollar business. My suspicion is that a person who is constantly chasing a billion dollar business is going to have to make a lot more hops than someone chasing a more modest goal. This is not a recommendation to avoid those billion dollar goals, just an observation on relative probabilities, and what is an appropriate target if your goal is stability.