7 ms·

"yeah but you might fail and then your life is destroyed" is not exactly a new take on the issue. this is in fact what 99% of people will tell you in real life

"yeah but you might fail and then your life is destroyed" is not exactly a new take on the issue. this is in fact what 99% of people will tell you in real life if you try it. 10 years later those same people will either forget they said anything, or pretend they were on your side all along if you make it.

deleted 3y ago
[deleted]
DangitBobby 3y ago
They were on your side all along, otherwise they wouldn't have bothered with the uncomfortable conversation about how they don't think your idea is going to be successful.
- inconceivable 3y ago
  yeah, they're all on team crabs, and they're all in the bucket together.
JieJie 3y ago
In my experience with local businesses (alt-weekly newspaper for the college / queer bar scene), the same people were starting clubs that lasted for a year or two, then closed, then they started up a new one. It was about trying out a new business plan that may or may not work and if it doesn't, clearing the slate and starting over. The people who succeeded eventually landed on one with staying power, and the people who didn't eventually gave up. I bring it up to say that a single owner can be responsible for multiple business failures, and like you say, no one remembers those once you're successful.
- malfist 3y ago
  You have to come from money to be able to make a succession of failed business ventures before you finally hit success
  - bojo 3y ago
    Would you say the same thing if we were talking about software startups?
    - ideamotor 3y ago
      Now: yes. 10 years go: no.
  - detourdog 3y ago
    or believe it is all going to work out ok. You come in with nothing and you leave with nothing.
    - jorvi 3y ago
      That’s not how banks work. They will want you to either buy in or put up collateral. You can’t just walk into a bank, say “here’s the detailed plan for my club, please give me a $100 000 unsecured loan.” Note that you can buy in via personal debt, but that is not “leave with nothing”.
    - 9659 3y ago
      it depends on the scale. want to start a small cafe in a strip mall? if the mall has some unleased space, and is having problem filling it, you can cut a deal. my BIL did this, and negotiated a 5 year lease for a percent of his gross sales. the burger joint took off, and the landlord is very happy...he is paying twice the going rate due to success. the landlord took the risk, could have been $0. second hand restaurant equipment can be bought at a discount. food suppliers offer credit, 30 - 60 days. if you are willing to put in the work, there are ways to get started other than borrowing money from a bank.
      - detourdog 3y ago
        Nobody likes the pull your self up by your own boot straps advice, but it works. I know many people who started with nothing but being the best right hand person they could. They ended up with the business one way or another when the owner retired. I personally can think of 3 like that without trying. The rule of incorporation in the US is to minimize the cost of failure to the individual.
- deleted 3y ago
  [deleted]
- Dalewyn 3y ago
  The moral really comes down to this: Those who keep on challenging despite failures have a chance at finding success; those who fear failure and don't challenge will never find success.
  - SketchySeaBeast 3y ago
    Those who have the means to keep trying.
    - Dalewyn 3y ago
      There's an old saying that goes: "Where there's a will, there's a way." You won't find success if you are always playing the victim card, complaining that it's the state or some big bad boogeymen oppressing you from challenging yourself.
      - nyanpasu64 3y ago
        Escaping unstable living situations by repeatedly grinding through improbable moonshots, requires you to have the emotional and financial stability necessary to repeatedly expend effort and money on attempts that fail to pay off. This can be achieved through self-worth produced by a supportive and non-traumatic upbringing, a financial safety net, finding ways to make daily life more worthwhile and recharging, and/or loved ones acting as an emotional support network. For people without this, attempting stressful tasks will only destabilize your living situation and result in burnout and suffering.
- XorNot 3y ago
  This very website managed to summarize what's going on in reality back in 2017 and it remains completely true. Because you simply go "oh they just keep trying" and I'm sitting here thinking, "well that's interesting, they're losing all this money and can just keep trying?" [1] https://news.ycombinator.com/item?id=15659076 https://news.ycombinator.com/item?id=15659076
jjulius 3y ago
One can communicate that kind of concern while simultaneously remaining on their side... Edit, regarding OP's flagged response: Wow. Hope you have a nice day.
- inconceivable 3y ago
  [flagged]

deleted 3y ago

[deleted]

DangitBobby 3y ago

They were on your side all along, otherwise they wouldn't have bothered with the uncomfortable conversation about how they don't think your idea is going to be successful.

inconceivable 3y ago
yeah, they're all on team crabs, and they're all in the bucket together.

JieJie 3y ago

In my experience with local businesses (alt-weekly newspaper for the college / queer bar scene), the same people were starting clubs that lasted for a year or two, then closed, then they started up a new one. It was about trying out a new business plan that may or may not work and if it doesn't, clearing the slate and starting over. The people who succeeded eventually landed on one with staying power, and the people who didn't eventually gave up. I bring it up to say that a single owner can be responsible for multiple business failures, and like you say, no one remembers those once you're successful.

malfist 3y ago
You have to come from money to be able to make a succession of failed business ventures before you finally hit success
- bojo 3y ago
  Would you say the same thing if we were talking about software startups?
  - ideamotor 3y ago
    Now: yes. 10 years go: no.
- detourdog 3y ago
  or believe it is all going to work out ok. You come in with nothing and you leave with nothing.
  - jorvi 3y ago
    That’s not how banks work. They will want you to either buy in or put up collateral. You can’t just walk into a bank, say “here’s the detailed plan for my club, please give me a $100 000 unsecured loan.” Note that you can buy in via personal debt, but that is not “leave with nothing”.
  - 9659 3y ago
    it depends on the scale. want to start a small cafe in a strip mall? if the mall has some unleased space, and is having problem filling it, you can cut a deal. my BIL did this, and negotiated a 5 year lease for a percent of his gross sales. the burger joint took off, and the landlord is very happy...he is paying twice the going rate due to success. the landlord took the risk, could have been $0. second hand restaurant equipment can be bought at a discount. food suppliers offer credit, 30 - 60 days. if you are willing to put in the work, there are ways to get started other than borrowing money from a bank.
    - detourdog 3y ago
      Nobody likes the pull your self up by your own boot straps advice, but it works. I know many people who started with nothing but being the best right hand person they could. They ended up with the business one way or another when the owner retired. I personally can think of 3 like that without trying. The rule of incorporation in the US is to minimize the cost of failure to the individual.
deleted 3y ago
[deleted]
Dalewyn 3y ago
The moral really comes down to this: Those who keep on challenging despite failures have a chance at finding success; those who fear failure and don't challenge will never find success.
- SketchySeaBeast 3y ago
  Those who have the means to keep trying.
  - Dalewyn 3y ago
    There's an old saying that goes: "Where there's a will, there's a way." You won't find success if you are always playing the victim card, complaining that it's the state or some big bad boogeymen oppressing you from challenging yourself.
    - nyanpasu64 3y ago
      Escaping unstable living situations by repeatedly grinding through improbable moonshots, requires you to have the emotional and financial stability necessary to repeatedly expend effort and money on attempts that fail to pay off. This can be achieved through self-worth produced by a supportive and non-traumatic upbringing, a financial safety net, finding ways to make daily life more worthwhile and recharging, and/or loved ones acting as an emotional support network. For people without this, attempting stressful tasks will only destabilize your living situation and result in burnout and suffering.
XorNot 3y ago
This very website managed to summarize what's going on in reality back in 2017 and it remains completely true. Because you simply go "oh they just keep trying" and I'm sitting here thinking, "well that's interesting, they're losing all this money and can just keep trying?" [1] https://news.ycombinator.com/item?id=15659076 https://news.ycombinator.com/item?id=15659076

jjulius 3y ago

One can communicate that kind of concern while simultaneously remaining on their side... Edit, regarding OP's flagged response: Wow. Hope you have a nice day.

inconceivable 3y ago
[flagged]