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by 7Figures2Commas 4282 days ago
So basically you can't be successful as an entrepreneur unless you're a sociopath? That's a disappointingly cynical view.

Some advice from someone who has also been in the trenches:

First, you don't need to waste time thinking or complaining about angels and VCs when you start a business you can fund yourself.

Second, if you're expecting growth to come easily and quickly, and you don't have the capital necessary to execute a realistic plan in a realistic amount of time, you're setting yourself up for unnecessary disappointment before you even begin.

Third, if you can't identify the primary drivers of your success and truly believe that you have 100 things to do, you don't have a good understanding of your business.

Fourth, fundraising won't impact your team when you don't need to raise capital.

Fifth, rejection, while hard, is a part of life. Even the most successful salespeople hear "no" far more often than they hear "yes." If you have unrealistic expectations about this and can't maintain a positive attitude unless you close the majority of the people you sell to, you might want to reconsider entrepreneurship.

1 comments

I forgot to add, you're always going to run into smug people who haven't walked in your shoes.
I have started several companies that have failed. One of them cost me my life savings and left me no choice but to take an entry-level job to make ends meet. I learned a lot from that experience, a small portion of which was incorporated into my response to your comment.

It might be convenient for you to believe that anybody who disagrees with your negative perspective hasn't been in the trenches, but that doesn't make it reality.

Failure is part of the game. Very few successful entrepreneurs have no losses. If you truly believe that VCs or a lack of sociopathic tendencies are to blame for the failure of a new business, I would humbly suggest that you reconsider. Such a cynical attitude is far more likely to be a detriment to one's efforts than any external force.