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by 71a54xd 1223 days ago
So unfortunately, this is called delusion. This is worse than working five years on a failing crypto project with funding for five years.

I tend to measure progress as a function of financial / skill gain over time spent. What a lot of solo founders fail to realize (regardless of education) is that time is the real risk in startups. Sure, you could wait five years for a $2M exit, but how much of your own time / investor time did you burn? At some point, you have to ask whether a "business" is really more of a side-project and whether you're being honest with yourself about how much you value your time.

For context, someone with a high school degree and a poor understanding of social media marketing could make more money with zero employees power-washing driveways. I don't mean to be harsh - but time is valuable.

The value of life lived is different for each individual, but slowly bleeding out what could've been a prosperous education and career for someone who might just be bad at managing a business is a travesty. I have friends who do this, they're misguided but they also have huge sums of family money paying their rent etc... alas another form of delusion and a detached form of reality.

I've literally made more revenue paying a college kid to farm black soldier flies with waste from a vegan coffee shop. I'm literally not kidding.