Saved by Johanna and
Hard Startups
The truth is, you should be looking for hard things. The hard things are what keep the competition away. The hard things are what create barriers to entry. The hard things are the things that, once you push through, make it nearly impossible for anyone else to follow.
Or, as I always tell my students: The hardest-working entrepreneur will always bea... See more
Or, as I always tell my students: The hardest-working entrepreneur will always bea... See more
Entrepreneurship Isn’t Supposed to Be Easy—That’s the Whole Point!
A startup miracle is the key difficult thing you need to pull off for your startup to work. If your startup requires zero miracles to succeed, it probably isn't a defensible startup. If your startup requires multiple miracles, you are multiplying a low probability event to get even smaller expected outcomes.
Elad Gil • Startups & Miracles
If you can’t solve for the hardest part, the part with the most uncertainty, there’s no point in doing anything else.
review.firstround.com • Grit or Quit? Advice for Tackling Tough Startup Decisions
The mistake is thinking your startup idea is venture-scale and getting on the VC treadmill. Once you’re on the treadmill, here’s what changes:
- High growth expectations: VCs are looking for companies that grow big enough fast enough. If your business isn’t suited to this kind of rapid growth, it can lead to undue pressure and unrealistic expectation