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Reading inspiring stories like this makes me realize how much of entrepreneurship is about taking risks rather than hard work. Moving to another place with a fe
by ultimoo 14y ago
Reading inspiring stories like this makes me realize how much of entrepreneurship is about taking risks rather than hard work. Moving to another place with a few thousand dollars in your pocket, quitting a stable job without a firm idea in mind, figuring things out as you go.
There may have been dozens of well prepared and hard working candidates available that day, but probably none were out of job and interviewing for Justin.tv at the time Arram was. There are also always tons of people working at perfectly great jobs, but a very few of us have the gut to stop working and forge a company built on nothing but determination to succeed.
- alaskamiller 14y agoYou're first step is to switch mindsets. You see it as taking risks versus hard work, then placing value on them. I see taking risk just hard work. Just $500 left in my checking account? Work harder. No college degree? Work harder. Work hard to be able to take risks. Everything else will be crystal clear thereafter.
- beachstartup 14y ago> taking risks rather than hard work. it's both. and appetite for risk is not the belief that nothing bad will happen, it's the belief that you will be able to handle anything that happens, no matter how bad. it's being at peace with the fact that bad things will happen. most people live their entire lives trying to avoid bad situations that don't exist in reality, but rather live in their imaginations. in my opinion they are completely delusional. a lot of entrepreneurs have been totally broke or were poor in the past - in my mind, this is what allows them to continually take risks. they know exactly what it's like being broke and struggling, it's not a mystery. it has no power over them. they simply don't care if they end up going broke. they know what it is, and how to climb back out.