Hacker News new | ask | show | jobs
by Michie 4082 days ago
Hi @Superpi, in regards with your situation, please read this article, this might inspire you... http://www.inc.com/ben-baldwin-and-donald-cowper/this-entrep...

But for now take a break first, put your startup aside. If you need to work to earn a living then work. Don't mind what people might say if you put your startup on hold. Who cares about them? Do you think they care about you or your startup? No. They probably would talk behind your back for awhile. But who cares. What is important now is for you to live your life the way you wanted to. Life won't be back in an instant. But whatever you learn from your startup keep it and use it when you want to do it again.

I wish you well and be strong.

----------

With regards to the fact that it is hard to raise money in a poor country:

I agree. It is harder to raise money in a poor country. It is also sad to realize that unlike the Western countries where angel investors or incubators/accelerator are willing to shell out money just to test if there is a market for the idea even if they have no product at all. In a poor country, even if you have a prototype ready and you need funding to test it to the market, your prototype is nothing and you will be valued way way less than what you really are. Until you can actually prove that it is a viable business or maybe you have actual customers, then that's the only time they are willing to risk it. In a poor country, nobody feels safe to invest on you. It's all about risk management.

It is also sad to see that investors (from other countries), doesn't believe that the next billion dollar company can come from a third world country or maybe from a third world country founder.

But as a startup founder and as an individual, those "facts-for-now" doesn't stop me from building things, nor does it stop me from innovating, or stop me from building my startups, and that doesn't stop me from believing that I can build the next billion dollar startup. I know I have to step up my game and give 2-10x more the effort provided by the privilege people, but that won't stop me from fighting and believing. Because remember nothing is impossible and if you want it you will do it, no excuses.

:)