![]() The right reasons to create a startup are: FOMO motivation will die out quickly when working 80+ hours a week. This may be true, but is not the right reason to create a startup. If I don’t do it now, I won’t have another chance ![]() Thus, Most startups don’t raise a seed and thus have no impact. A startup that raised a seed round is more likely to succeed than one that has not. You panic, they panic.įalse Watch Dustin Moskovitz's break-down on why more money is actually a facade and joining an early startup will earn you the same amount of money as founding your own.įalse Impact of joining a seed stage startup can actually be higher as the idea has been de-risked. ![]() You are a role model, people replicate what they see you setting as the standard. Initially, you’re the only one that is keeping track of and putting out these inevitable fires.įalse Every one of our customers, employees, and investors are now your boss - all in their own way.įalse You are always on call, as a technical founder this is quite literal. You are at your desk, heads down, focused, answering customer support emails, doing sales, figuring out hard engineering problems, and putting out fires. None of them hold up.įalse It’s hard work, it’s stressful, and you can’t quit. “If you don’t do it now, you won’t have another chance”Ĭreating a startup for any of those reasons alone I believe is a recipe for burnout.You’ll make more money and have more impact.The standard reasons why people create a startup: I’d highly recommend watching his lecture first. Dustin Moskovitz co-founded Facebook and Asana. (Heavily Inspired from Dustin Moskovitz’s - Why building a startup? lecture and Notes ). On top of this challenge, most of the entrepreneurial people are like “Why shouldn’t I just start my own startup?”īelow are some of my thoughts related to this. Finding someone that can do the job is hard enough but finding one that is also entrepreneurial is even tougher. We also share information about your use of our website with our social media, advertising and analytics partners.At a seed stage startup like Prepared, we want to bring in co-workers that are ‘entrepreneurial’ and ‘startupy’ in nature. We use cookies to personalize content and ads, provide social media features, and analyze the use of our website. This helps us measure the effectiveness of our marketing campaigns. Microsoft Advertising uses these cookies to anonymously identify user sessions. It also serves behaviorally targeted ads on other websites, similar to most specialized online marketing companies. The Facebook cookie is used by it's parent company Meta to monitor behavior on this website in order to serve targeted ads to its users when they are logged into its services. Google will use this information for the purpose of evaluating your use of the website, compiling reports on website activity for us and providing other services relating to website activity and internet usage. The purpose of Google Analytics is to analyze the traffic on our website. Security (protection against CSRF Cross-Site Request Forgery) Stores login sessions (so that the server knows that this browser is logged into a user account) ![]() which cookies were accepted and rejected). Storage of the selection in the cookie banner (i.e. being associated with traffic metrics and page response times. Random ID which serves to improve our technical services by i.e. Server load balancing, geographical distribution and redundancy
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