Comment by authorfly
6 months ago
> your perspectives
90% gravity / 90% done is a bad perspective. You don't really have data on how long the false positives would have taken to succeed.
Unfortunately, getting from 0 to $100 in revenue isn't always much harder than $100 to $200. Even though the first $100 is insanely hard, so can the next $100 be. People don't like to talk about this in the startup space but the statistics at innovation centres for startups etc are insanely clear: at any given revenue, most startups are only going to keep it above the current value for part of the next 6 months, then crash and burn. And upwards line, let alone exponential growth, is an outlier (and still leads to revenue decline the next year most of the times it happens). Unfortunately, finding something that works (a fly well or net ROI positive channel) often takes so much time maintaining you take your eye and progress off other aspects you would have focused on for success and it becomes a revenue wave when it stops working rather than a stable way to grow.
Second problem is young people think they won't tire.. after three years almost anyone has a period of burnout. Atleast althetes like Olympians or Baseketball players have off seasons, with startups, it's not so. This is why having great people with you who flux at different times and take care of stuff you take your attention of increases success, if you can keep conflict minimal. Yet, most young people also don't want to relinquish control, if they are honest.
That's my view.
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