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by peterangular
2253 days ago
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Yep - those who can build this stuff don't devalue yourself even in these weird times... Truth is you're going to make WAY more money in the long run by consulting your services out building these platforms vs. taking ownership in a company that may never make it. Payment up-front vs. percentage ownership in an entity that doesn't yet exist is almost always the better option. Why? Here's the hard truth - 90% of these won't EVER see profit, and you'll likely sink a TON of time (and potentially money) into something that doesn't necessarily ever pay out vs. scratching the "I'm an entrepreneur!" itch. Doesn't stop fools like myself from circling back to the startup arena though ever few years after refilling the coffers, but it's only healthy to look at this stuff as "gambling" or "fishing" vs. having any real expectations for success. That all being said - risk is the only way we grow! |
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