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Suggesting that someone live off of credit cards for a startup is wrong. Given that he has a wife and kids? It's gravely irresponsible. I cannot emphasize how
by teej 17y ago
Suggesting that someone live off of credit cards for a startup is wrong. Given that he has a wife and kids? It's gravely irresponsible. I cannot emphasize how bad that advice is.
- kylecordes 17y ago> Suggesting that someone live off of credit cards... In one sense, this is obviously correct. However, the poster/partner is also about to go ask their friends and family to put money at risk to grow this business; yet the poster/partner isn't willing to put N months of living expenses (small N) at risk for it? It could be a hard sell.
- izak30 17y agoWell, they're already profitable. If you're looking at a year or more, I'd agree, it's crazy; but they're asking "how do I make the jump, and be profitable full-time".