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My entrepreneurial experience so far has been about making a lot of mistakes and learning from them. I think for a lot (but not all) of issues in startups and
by tvo 13y ago
My entrepreneurial experience so far has been about making a lot of mistakes and learning from them.
I think for a lot (but not all) of issues in startups and in life, "not being good enough" or "not smart enough" really just means "not having enough exposure or practice". Based on this view, constructive, specific feedback goes a long way in helping dedicated founders improve so that they too, can add value to society via their startup.
I realize it is unfair to expect this from YC, considering they also have finite bandwidth. I wouldn't mind paying a reasonable fee for this type of feedback from YC and I suspect a lot of founders wouldn't either.
- BrandonM 13y agoI agree that entrepreneurship is a great opportunity to make and learn from mistakes in execution. It's also an opportunity to try completely new things that may or may not work. Other sorts of mistakes, though--like being ignorant of existing players, failing to explain why someone would use your product, or having no remote plan to profitability--are more troublesome. They indicate a lack of business acumen or even common sense that will make success incredibly unlikely. As with execution mistakes, you can learn these things through experience, too. However, I would not want to invest my time and money teaching them to someone unwilling or unable to learn those lessons on their own. Which gets back to my original point... Who wants to hear, "You seem to lack common sense"?