In Defense of Starting a Bad Business

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:

1. 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

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Conviction is the rarest resource in the world.

Not money.

Not intelligence.

Not access.

Conviction.

I’ve met a lot of people who are very intelligent and have an awesome (in the literal sense) arsenal of skills and advantages at their disposal.

But that doesn’t make them dangerous, because they usually don’t know where to go with all of this. (In fact,

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If you have a good idea that excites you, that compels you to take a detour from the comfort of a normal existence along the beaten path, you will first need to navigate this minefield of misunderstanding, whether it lives within you or sits between you and those whose opinions you value and respect. Because while you can never fully know what you’

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