Startups Are Hard

Entrepreneurship, Reblogged, Startups 6 Comments »

Startups are Hard

An excellent post on startups and what it means to be an entrepreneur by @jazzychad of Notifo and PicAFight.

Startups are Hard

Startups are hard. No, startups are damn hard.

Contrary to popular belief, there are no clouds of money that float around Silicon Valley and rain on anyone that utters the phrase, “I’m a founder!” Unfortunately, starting a company and raising money is just as hard as ever; it’s just that the investors don’t have as much leverage as they used to, but they still have a lot.

Most reporting on startups suffers from a terrible case of success bias. Nobody wants to report on a dying startup unless it is to highlight another company that has come along to kill them, but that actually turns into a piece about the better company and not the dying one.

Startups that die rarely talk about it publicly because it is frustrating, embarrassing, and most of the time the people involved want to forget the whole mess and move on rather than sit around talking about the fact that they failed.

Most people don’t want to admit that startups are hard, either, because to admit something is hard is to admit that you don’t know everything there is to know about a certain topic and to display weakness. If there’s one thing you do not want to do as a startup, it’s appear weak. Only the strong survive.

But guess what: startups are hard. At times they are soul-crushingly hard. I am not afraid to admit this anymore. I am not afraid to talk openly about it with peers anymore. So, this post serves as a counterpoint to all the recent postings alluding to the fact that anyone can suddenly decide to be a founder and the next week find themselves swimming around in a kiddie-pool full of angel/VC money.

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Entrepreneurs and Nontrepreneurs

Entrepreneurship, Reblogged, Startups 2 Comments »

Entrepreneurs and Nontrepreneurs

There are two kinds of people – entrepreneurs and nontrepreneurs.

I’m currently a nontrepreneur, aspiring to be an entrepreneur. And here’s an awesome post by Chris Dixon on the subject.

There are two kinds of people in the world

You’ve either started a company or you haven’t. ”Started” doesn’t mean joining as an early employee, or investing or advising or helping out. It means starting with no money, no help, no one who believes in you (except perhaps your closest friends and family), and building an organization from a borrowed cubicle with credit card debt and nowhere to sleep except the office. It almost invariably means being dismissed by arrogant investors who show up a half hour late, totally unprepared and then instead of saying “no” give you non-committal rejections like “we invest at later stage companies.” It means looking prospective employees in the eyes and convincing them to leave safe jobs, quit everything and throw their lot in with you. It means having pundits in the press and blogs who’ve never built anything criticize you and armchair quarterback your every mistake. It means lying awake at night worrying about running out of cash and having a constant knot in your stomach during the day fearing you’ll disappoint the few people who believed in you and validate your smug doubters.

I don’t care if you succeed or fail, if you are Bill Gates or an unknown entrepreneur who gave everything to make it work but didn’t manage to pull through. The important distinction is whether you risked everything, put your life on the line, made commitments to investors, employees, customers and friends, and tried – against all the forces in the world that try to keep new ideas down – to make something new.

via Chris Dixon

The Complete Guide to Not Giving a Fuck

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The Complete Guide to Not Giving a Fuck

Here’s an excellent post I read today. Do check it out. Or don’t. I don’t give a fuck.

Ok, I have a confession to make.

I have spent almost my whole life– 31 years– caring far too much about offending people, worrying if I’m cool enough for them, or asking myself if they are judging me.

I can’t take it anymore. It’s stupid, and it’s not good for my well being. It has made me a punching bag– a flighty, nervous wuss. But worse than that, it has made me someone who doesn’t take a stand for anything. It has made me someone who stood in the middle, far too often, and not where I cared to stand, for fear of alienating others. No more. Not today.

Today, ladies and gentlemen, is different.

We’re going to talk about the cure. We’re going to talk about what’s necessary. We’re going to talk about the truth.

Do you wonder if someone is talking shit about you? Whether your friends will approve? Have you become conflict-avoidant? Spineless?

Well, it’s time you started not giving a fuck.

Continue Reading: The Complete Guide to Not Giving a Fuck

A Message to Graduating Students

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A Message to Graduating Students and Aspiring Entrepreneurs

This is the transcript of a talk given by Brad Feld, an entrepreneur and angel investor, to a class of graduating MBAs. So awesome, that I had to post it.

Imagine that you are 45 and are looking back on your last 15-20 years. Is your work, and life, full of meaning?

Don’t worry about money right now. You can always get a job that pays you plenty of money. Don’t worry about your resume. Don’t worry about “am I positioning myself the right way for something five years from now.” I know way too many 45-year olds who have plenty of money, have done all the right career things, yet are unhappy with where they are in life, where they live, and what they do. Don’t be that guy or gal.

Start by choosing the place you want to make a life. If it’s Boulder, figure out how to stay here. If it’s New York, there’s an easy United flight that gets you there in under four hours – take it the day after you graduate. San Francisco? That flight is only two hours long. Just go and figure it out when you get there. Don’t talk about “I’m going to live there some day” – go get in the middle of wherever it is that you want to build a life. Oh, and Montana’s a pretty cool place also, as is Austin, Seattle, Miami, DC, and at least 95 other cities in the United States.

Next, choose a domain that you want to dedicate your life to. If you’ve dreamed of being an investment banker or consultant to Fortune 1000 companies since you were 10, then Goldman Sachs or McKinsey is looking for you. If you want to be an entrepreneur, working at an investment bank or consulting firm for a while is pointless. Be an entrepreneur starting now. Pick that domain that turns you on the most – start at a high level (e.g. software, Internet, clean tech) but then pick a thing that you really care about and a set of problems you want to solve. If you aren’t technical, go find a technical co-founder right now – there are hundreds of them on this campus. Get your ass out of your chair and just get started.

Finally, make sure you are living your life. You are young and hopefully have plenty of time on this planet. But don’t wait because you never know when the lights are going to go out.

via Fortune

Scott Adams’ Deleted Post on Men’s Rights

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Scott Adams’ (Dilbert’s) Deleted Post on Men’s Rights

Apparently, he wrote it on March 7 and then deleted it due to the backlash. Worth a read. Some points are quite right, but definitely not all of them.

The topic my readers most want me to address is something called men’s rights. (See previous post.) This is a surprisingly good topic. It’s dangerous. It’s relevant. It isn’t overdone. And apparently you care.

Let’s start with the laundry list.

According to my readers, examples of unfair treatment of men include many elements of the legal system, the military draft in some cases, the lower life expectancies of men, the higher suicide rates for men, circumcision, and the growing number of government agencies that are primarily for women.

You might add to this list the entire area of manners. We take for granted that men should hold doors for women, and women should be served first in restaurants. Can you even imagine that situation in reverse?

Generally speaking, society discourages male behavior whereas female behavior is celebrated. Exceptions are the fields of sports, humor, and war. Men are allowed to do what they want in those areas.

Add to our list of inequities the fact that women have overtaken men in college attendance. If the situation were reversed it would be considered a national emergency.

How about the higher rates for car insurance that young men pay compared to young women? Statistics support this inequity, but I don’t think anyone believes the situation would be legal if women were charged more for car insurance, no matter what the statistics said.

Women will counter with their own list of wrongs, starting with the well-known statistic that women earn only 80 cents on the dollar, on average, compared to what men earn for the same jobs. My readers will argue that if any two groups of people act differently, on average, one group is likely to get better results. On average, men negotiate pay differently and approach risk differently than women.

Women will point out that few females are in top management jobs. Men will argue that if you ask a sample group of young men and young women if they would be willing to take the personal sacrifices needed to someday achieve such power, men are far more likely to say yes. In my personal non-scientific polling, men are about ten times more likely than women to trade family time for the highest level of career success.

Now I would like to speak directly to my male readers who feel unjustly treated by the widespread suppression of men’s rights:

Get over it, you bunch of pussies.

The reality is that women are treated differently by society for exactly the same reason that children and the mentally handicapped are treated differently. It’s just easier this way for everyone. You don’t argue with a four-year old about why he shouldn’t eat candy for dinner. You don’t punch a mentally handicapped guy even if he punches you first. And you don’t argue when a women tells you she’s only making 80 cents to your dollar. It’s the path of least resistance. You save your energy for more important battles.

How many times do we men suppress our natural instincts for sex and aggression just to get something better in the long run? It’s called a strategy. Sometimes you sacrifice a pawn to nail the queen. If you’re still crying about your pawn when you’re having your way with the queen, there’s something wrong with you and it isn’t men’s rights.

Fairness is an illusion. It’s unobtainable in the real world. I’m happy that I can open jars with my bare hands. I like being able to lift heavy objects. And I don’t mind that women get served first in restaurants because I don’t like staring at food that I can’t yet eat.

If you’re feeling unfairly treated because women outlive men, try visiting an Assisted Living facility and see how delighted the old ladies are about the extra ten years of pushing the walker around. It makes dying look like a bargain.

I don’t like the fact that the legal system treats men more harshly than women. But part of being male is the automatic feeling of team. If someone on the team screws up, we all take the hit. Don’t kid yourself that men haven’t earned some harsh treatment from the legal system. On the plus side, if I’m trapped in a burning car someday, a man will be the one pulling me out. That’s the team I want to be on.

I realize I might take some heat for lumping women, children and the mentally handicapped in the same group. So I want to be perfectly clear. I’m not saying women are similar to either group. I’m saying that a man’s best strategy for dealing with each group is disturbingly similar. If he’s smart, he takes the path of least resistance most of the time, which involves considering the emotional realities of other people. A man only digs in for a good fight on the few issues that matter to him, and for which he has some chance of winning. This is a strategy that men are uniquely suited for because, on average, we genuinely don’t care about 90% of what is happening around us.

via Tinysprout

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