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by OvidStavrica
3828 days ago
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By necessity, entrepreneurs are self-delusional. Most are easily intelligent enough to realize how long their odds really are. Furthermore, they have the intellect to appreciate the true effort they have to make before they reach financial payback. Any reasonable person with the math skills to visualize risk vs. reward will usually walk away --but not the quintessential entrepreneur. This is not a flattering trait. For this reason, it is rarely, if ever, associated with successful entrepreneurs. |
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> By necessity, entrepreneurs are self-delusional.
Unlike VCs, entrepreneurs have no spread of risk. It is important to realize that it is in the interest of the VC that the entrepreneur remains delusional.