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What other reason is there? I could think of 1) money to use yourself, 2) money to use altruistically, 3) because your startup itself will benefit the world, 4)
by adamzerner 13y ago
What other reason is there? I could think of 1) money to use yourself, 2) money to use altruistically, 3) because your startup itself will benefit the world, 4) because the market "is just begging to be disrupted", 5) because you need to prove it to yourself, or to someone else. (They're all reasons for me.) So what is the reason that you think is the best to advertise?
And it's definitely honest.
- toomuchtodo 13y agoBest reason for a startup: "I want to solve problem X"
- adamzerner 13y agoThat's an intermediate goal; there has to be a reason why you want to solve a problem.
- mapster 13y agoThe knee-jerk reaction I see people having is that your language indicates a short-term commitment to the startup, kind of like a question mark...ergo...red flag.
- argonaut 13y agoI agree that "making money" is not the best reason. Because what it indicates about you is that 6 months down the line, when you're having trouble making money or growing your current revenue base, you're someone more likely to give up than someone doing something because they actually are passionate about solving a problem.
- adamzerner 13y agoI think that that is a huge generalization. It depends what the person's reason for wanting to make money is. And it depends on whether there are other reasons besides making money.
- namenotrequired 13y agoPerhaps it is a generalisation, but if they notice that, say, people who mention money are 50% less likely to be successful, they'll probably keep that in mind and perhaps at least deduct some mental points for it.