When you're prepared for loss, failure, isolation, commitment, tenacity, perseverance, and living on nothing, THEN maybe give it a shot; not because someone else says it's easy or that they'll help you. You need to be more prepared for the very likely downside than living on the hopes and dreams perpetuated because a small fraction who try make it work.
The expectations of investors, the demands of a company now more prominent in the market, but the ease of pressure in having resources available… Being venture backed doesn’t make it more stressful, nor less, it’s a matter of the stage, the expectations, and what that all means to you personally. Startup teams usually change from
In 1985, management scholar Manfred Kets de Vries wrote in Harvard Business Review, “Entrepreneurs seem to be achievement oriented, like to take responsibility for decisions, and dislike repetitive, routine work. Creative entrepreneurs possess high levels of energy and great degrees of perseverance and imagination, which, combined with willingness to take moderate, calculated risks enable them
Becoming. That word. Entrepreneur is a personality trait Startup founder, business owner, inventor, executive… those are titles and roles someone can become. And they’re distinctly different things someone can become. Entrepreneur means you constantly see gaps in the market and move your own resources to create new opportunities. It’s a tendency you have, or don’t. And
We’re all in this together, no? It has been an interesting year in consideration of mental health and entrepreneurship. I’ve seen an increasing number of startups focused on mental health issues from substance abuse to depression, and venture capitalists have been notably conscientious about the toll that being a startup founder takes. MediaTech Ventures‘ friends at
Inspired by changes in professional sports, where a growing number of high-profile athletes have gone public with their mental health and psychological struggles, Felicis founder Aydin Senkut and partner Dasha Maggio, announced in September that Felicis Ventures will commit 1%, on top of every check the firm writes, in non-dilutive capital earmarked for “founder development”