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You Don't Have What It Takes to Be a Founder

2 pointsby rjanochover 9 years ago

2 comments

enkiv2over 9 years ago
Saying &quot;you don&#x27;t have what it takes to be a founder&quot; is a lot like saying &quot;you don&#x27;t have what it takes to win at slots&quot;. Winning is (almost) purely random, but the more resources you have (in terms of wealth, social capital, and temerity) the more chances you get to take.<p>The (implicit) meme in HN posts that success is mostly a function of skill rather than mostly a function of luck is not merely misleading but actively dangerous. We need to be fully aware that business (particularly business in the middle of a bubble, or business where stocks are involved, or business where you&#x27;re borrowing money from investors) is essentially a form of gambling, and can have very similar consequences for anyone who isn&#x27;t exceedingly lucky. We need to stop paying attention to success stories (with a big enough pool, a series of miracles is inevitable) and pay attention to the average case (which is to say, miserable failure).
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poweraover 9 years ago
I don&#x27;t like how the article makes it seem like &quot;self-sacrifice&quot; is the <i>only</i> thing necessary for a successful founder. If you have a terrible idea, or terrible execution, it doesn&#x27;t matter how much of your money and your time and your <i>life</i> you put in to the startup, it&#x27;s still going to fail miserably.<p>There is no magic road to a successful startup, not even by cutting off your own arm (hopefully in a metaphorical sense).