1.
Are you comfortable with public failure?
2.
Do you like to sell?
3.
Do you lack the skills to work at a big firm?
I know people who have all the skills to build great businesses. But they’ll
never do so, because they could never go to work only to, at the end of the
month, in exchange for working eighty hours a week, write the firm a check.
Unless you have built firms and shepherded them to successful exits, or
have access to seed capital (most don’t, and it’s always expensive), then
you’ll need to pay the company for the right to work your ass off until you
can raise money. And most start-ups never raise the needed money. Most
people can’t wrap their head around the notion of working without getting
paid—and 99 percent plus will never risk their own capital for the pleasure of
… working.
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