morals
Start-ups of any kind are awash in ambiguity. It’s the founder’s responsibility to hold that ambiguity for everyone, which is often a lonely job.
Graham Duncan • Letter to a Friend Who May Start a New Investment Platform - Graham Duncan Blog
Being a founder requires constant calibration between arrogance and humility, optimism and pessimism. You need the arrogance to believe that you have something important to say, but the humility to know most people won’t care. You need the optimism to convince yourself and others (employees, investors, customers) to believe in you. But you need pes... See more
sari azout • Things I'm Thinking About
Advice for other startup founders:
1. Starting a company is annoying and hard in ways you shouldn't expect anyone else to validate or sympathize with
2. The average service job is at least 10x harder
3. Believing you can change the world is only useful as an early motivator, the second it becomes a moral shield it's diminishing returns
4. Yo... See more
Take, for example, the ambition to “make your venture-backed startup profitable”: to develop, market, and distribute a product or service that’s never existed before, in a form that’s valuable and accessible enough for large numbers of people to want to pay you for it, in sufficient quantity that your revenue consistently exceeds your costs.
If you... See more
If you... See more