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by neonlights84 879 days ago
Given all of the regulatory obstacles and logistical headaches surrounding manufactured products these days, I personally feel that mechanical/electrical entrepreneurship is a path to ruin.

Since you're in software already, would it not make more sense to create a strictly-digital product? Keep your day job, work at your own pace on software products (ideally with a partner), and see whether the market actually wants what you're selling.

1 comments

Enter Elon Musk with Tesla, SpaceX, Starlink, & Neuralink... he seems to have it figured out
Doesn't only one of those companies actually make any profit so far? And even then, its stock price still regarded as likely over-valued given the P/E ratios of any of its peers?
And the only thing that seems to be ruining him is the pure software play (Twitter)
When you change a mostly-working product, failure is probable. Especially when you attempt to monetize and politicize in a space that is diametrically against those goals.
Well he only went into these after making his fortune on paypal.
For every success story, there are 9+ failures.