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by ecaradec 5726 days ago
Luck plays a role in building a billion dollars company, otherwise billg, stevej, would be building billion dollars company every 10 years which is not happening.

Building a million dollars company is hard work (I mean 10 million at least ), but still billion dollars company are mostly about being lucky and exploiting it. I doubt that billionnaire entrepreneurs seriously worked much more, or much smarter than millionnaires. Billionaire companies landed there because they exploited ideas inherently more monopolistic, more able to spread.

If you take the sivers multiplier http://sivers.org/multiply, ideas still have some potential : a x20 multiplier is a huge boost.

1 comments

sigh thank you for totally missing the point. This is all mental masturbation. You're just using luck as a synonym for circumstance, which is not a good attitude for an aspiring entrepreneur to take.