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by determinant
4405 days ago
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I saw that you got some flack for this comment, but I think your comment is very insightful. If it were possible to construct a regression on start-up inputs vs success, I suspect average hours worked past 6 hours every single day would not account for much in explaining success. (The occasional crunch time is a necessity, of course.) Working hard is definitely a must, but I think market timing, number of competitors, and other features have more of an impact on success than whether you put in another 4-5 hours a day. In some new markets, there are so few competitors or such a huge distance between the leader and the laggard that hours worked doesn't even matter. In some cases, capturing mind-share does enough to get you further resources and that alone buys you luxuries that free you from 14 hour days. |
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