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by AnimalMuppet
4180 days ago
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Others like who? Parents, say? My parents would probably be more concerned if I were unwilling to try something out of fear of failure than if I tried and failed. Or others like investors? Tell them the truth about risk up front. Also, don't use people like parents as first-stage investors - it can get way too nasty if you fail. People like spouses and children are a special case. If I chase a startup idea and fail, my spouse may share in the financial hit. I know, "For richer, for poorer", but she may not be comfortable with that risk, and is entitled to me being sensitive to how she feels about this. (If you're married, don't go into a startup without your spouse's full support.) |
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