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From moot's blog post, "Building any business is hard". This statement could not be more true. I've had the fortune of founding a successful company. And yet,
by akbar501 13y ago
From moot's blog post, "Building any business is hard".
This statement could not be more true. I've had the fortune of founding a successful company. And yet, I still find that building new revenue streams is a royal pain. Building a business requires a herculean effort, and even then most fail.
First time founders often make the mistake of iterating various potential revenue streams. But the reality is you'll be lucky to create one substantial revenue stream.
"but you also fail your investors"
Not that this should make moot feel any better, but failing when it's your own money is no better. You'll spend time thinking about all of the stuff you could have bought that would have been a better use of that cash.