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Effects Of Entrepreneurship Of Savings (Graph)

26 点作者 jordancooper超过 15 年前

5 条评论

NyxWulf超过 15 年前
It's interesting to see that, but not being a follower or a reader of his it's difficult to put that into context.<p>Are his savings dwindling because his business is struggling and he is not making a profit, forcing him to live on his savings? Or are they dwindling because he's pumping more money into his business to make it grow faster?<p>On what basis is he extrapolating his experience to all entrepreneurship in general? Entrepreneurship is a complex and difficult field, being a VC doesn't make you qualified to be an entrepreneur any more than being a programmer, engineer or manager does.<p>Seems like he's having a rough day, and I sympathize having been through a very similar process of watching my savings dwindle to zero. However I believe it's important to realize that effect happens primarily due to a lack of understanding of the process of starting a business and is generally not representative of a good startup.<p>If you are really interested in entrepreneurship, I highly recommend taking a look at the lean startup concepts - they are specifically geared toward helping people to avoid exactly this cycle.<p>Entrepreneurship is not about taking the plunge, living on your savings, and hoping you become profitable before you run out of money. That's just a wing and a prayer.<p>Anyway, sorry for the longish rant, but I get tired of these types of posts.
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johnohara超过 15 年前
Hmmm, looks like a lot of graphs in 2008-2009.<p>Home values, savings, wages, employment, manufacturing jobs, consumer confidence.<p>On the bright side, processor energy consumption, cost of entry into software development.
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CytokineStorm超过 15 年前
This post might have some merit if the graph included another 10 years of data showing the return on his investment.
gprisament超过 15 年前
Could also be titled: "Effects of Homeownership on Savings".
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aresant超过 15 年前
The part that this graph is missing is the effects of entrepreneurship on savings when you get traction.<p>Many entrepreneurs I know have a graph like that for a year or two and then what we call "hockey stick" growth in the opposite direction.