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by keiferski
4833 days ago
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The VC analogy doesn't work because entrepreneurs do vastly more work on a single company than a VC does. If x is a measure of time, then a VC gives x time to 20 companies, while a founder gives 20x to 1 company. It's not a terrible idea to work on a few projects simultaneously, but you should focus on one when/if it shows promise. Also keep in mind that building a successful startup isn't just a statistical game in which 1 out of every 100 startups necessarily succeeds. As in, a startup might only succeed because the founders put in the extra work. |
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But how about recruiting the right people for the right job (well, this wouldn't be possible for startups with meager fund though) in each of the startups so that the ideas get implemented as they should, and the founders, rather than actually developing the projects ground up, merely act as project managers, monitoring the progress and validating the results against their vision.