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How Did You Get the Confidence to Start Your Business?

13 pointsby procyonalmost 17 years ago

8 comments

ivankiriginalmost 17 years ago
The insight for Tipjoy was that the worst case scenario was going back to fun jobs at big companies. Probably with a raise and a promotion too.
tonystubblebinealmost 17 years ago
I joined two other startups and realized that there's no magic to it, just a lot of hard work.
te_plattalmost 17 years ago
I got my initial confidence through spectacular ignorance of the difficulties involved. Confidence grows as problems are solved.
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mattmaroonalmost 17 years ago
When my mom told me I could do anything I wanted, I actually believed her.
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jimgreeralmost 17 years ago
Male enhancement!<p>Seriously it was the same thing ivankirigin said - what's the worst that can happen?
lscalmost 17 years ago
confidence is for marketing guys<p>you should make important decisions on the rational level, not the emotional level. You should weigh the risks and rewards in a rational manner, rather than running with what you feel. Feelings can be quite mercurial, and if you quit after you have a depressing weekend, or (sometimes worse) get in over your head and charge up lots of personal debit because you 'feel good' you can get in a lot of trouble.<p>Once you find that there is a positive expected return, keep making rational decisions.<p>But then, my start up isn't making any money, so what do I know?
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ericwanalmost 17 years ago
Don't take myself too seriously.
vakselalmost 17 years ago
Simple really, risk vs reward.