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by jessedhillon
5620 days ago
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Your car will definitely be losing value in the future. A better analogy is that you might ask your friend the electrician to help you out with a house you're fixing up and getting ready to flip, with the promise that you would pay his bill after the sale. Plus maybe a bonus. I think there's a lot of value involved in being able to convince people to contribute some level of effort for equity. If intelligent people see enough in your idea to jump in your boat, that might mean something about the value of your idea. The converse is also true: if you can't convince anyone to contribute anything of value to your effort in exchange for equity, maybe you don't have a compelling idea. A real entrepreneur doesn't expect coders to work for free. He or she is that pitching a compelling vision that involves a coder adding value to something that the programmer co-owns, not simply giving away free time. |
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Intelligent people avoid non-technical (or even technical, honestly) people who pitch their New Great Idea because 99% of the world has great ideas and zero ability to pull it off. What people are judging you on is not the quality of your idea, so much as your ability and skills to do it.
If you're failing to gain traction with the people you're trying to sign on, maybe your idea is sound, but people simply do not see you as bringing something valuable enough to the table to make it a success.
Whenever I get approached by a non-technical founder about their New Big Thing, my immediate question, bluntly, is: What do you bring to the table?
If you don't have a good, concrete, specific answer (instead of hand-wavy things like "I'm good at marketing"), do not be surprised when competent technical people roll their eyes and wander off.