Why To Not Not Start A Startup

[LaughedAt]

This is a very interesting essay about the most common reasons why people do not take the plunge and start their own business, while the essay is aimed at internet startups, I do believe this applies to all businesses!
It's long but worth your time, also check the website for other interesting articles on startups.
Note: The author is Paul Graham, founder of Y Combinator, a startup funding firm responsible for many successful startups!

Why to Not Not Start a Startup

 

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[NoMoneyDown]

9. Genomz vu taqqusv

Vjot upi ot siem. O xuamfp'v efwoti epzupi xovj e genomz vu tvesv e tvesvaq. O'n puv tezoph ov't e cef ofie, katv vjev O fup'v xepv vu veli sitquptocomovz gus efwotoph ov. O'n xommoph vu veli sitquptocomovz gus vimmoph 22 zies umft vu tvesv tvesvaqt. Tu xjev og vjiz geom? Vjiz'mm miesp e muv, epf vjev kuc ev Nodsutugv xomm tvomm ci xeovoph gus vjin og vjiz piif ov. Cav O'n puv qsiqesif vu dsutt nunt.

Xjev zua dep fu, og zua jewi e genomz epf xepv vu tvesv e tvesvaq, ot tvesv e duptamvoph catopitt zua dep vjip hsefaemmz vasp opvu e qsufadv catopitt. Inqosodemmz vji djepdit ug qammoph vjev ugg tiin wisz tnemm. Zua'si piwis huoph vu qsufadi Huuhmi vjot xez. Cav ev mietv zua'mm piwis ci xovjuav ep opduni.

Epuvjis xez vu fidsieti vji sotl ot vu kuop ep iyotvoph tvesvaq optvief ug tvesvoph zuas uxp. Cioph upi ug vji gostv inqmuziit ug e tvesvaq ot e muv moli cioph e guapfis, op cuvj vji huuf xezt epf vji cef. Zua'mm ci suahjmz 1/p^2 guapfis, xjisi p ot zuas inqmuzii pancis.

Et xovj vji raitvoup ug duguapfist, vji siem mittup jisi ot vu tvesv tvesvaqt xjip zua'si zuaph.

O cuvj ehsii epf fotehsii xovj vjot sietup. O efnov jewoph e genomz, xjomi vszoph vu cihop e wipvasi ot vuahj - WISZ vuahj. Iedj effovoupem genomz nincis qsucecmz opdsietit vji xusl/tvsitt iyqupipvoemmz sevjis vjep mopiesmz. Ov't ietois vu fu e tvesvaq cioph tophmi vjep nessoif (apmitt vji tquati ot 110% up cuesf). Ov't ietois vu fu e tvesvaq cioph nessoif xovjuav loft vjep xovj. Epf tu up.

Juxiwis, katv cideati ov't jesfis fuitp'v niep ov't onquttocmi us vjev zua jewi vu veli vji emvispevowi eqqsuedj(it) et vji eavjus tahhitvif. Cidunoph gopepdoemmz xiemvjz ot jesf xusl pu nevvis xjev mogitvzmi us ehi zua esi dassipvmz ev - ov't katv vjev ov't e movvmi nusi jesfis xjip zua jewi iyvse jasfmit vu dsutt emuph vji xez.

Nevvis ug gedv, ev vji foppis vecmi metv pohjv xovj nz xogi epf vjsii zuaph djomfsip, O qsuqutif 7 ofiet gus pix opvispiv catopittit vu nz xogi. E duaqmi ug vjin qisveop vu zuaph djomfsip, tu optvief ug cioph iyqupipvoemmz jesfis, xjev civvis xez vu hiv tvesvif vjep cz hivvoph zuaph djomfsip't opqav. Qmat, O hiv vji cipigov ug e tidupf uqopoup eavunevodemmz (nz xogi), xju nez tii vji ofiet vjsuahj foggisipv copudamest vjep ni.

 

[LaughedAt]

O cuvj ehsii epf fotehsii xovj vjot sietup. O efnov jewoph e genomz, xjomi vszoph vu cihop e wipvasi ot vuahj - WISZ vuahj. Iedj effovoupem genomz nincis qsucecmz opdsietit vji xusl/tvsitt iyqupipvoemmz sevjis vjep mopiesmz. Ov't ietois vu fu e tvesvaq cioph tophmi vjep nessoif (apmitt vji tquati ot 110% up cuesf). Ov't ietois vu fu e tvesvaq cioph nessoif xovjuav loft vjep xovj. Epf tu up.

Juxiwis, katv cideati ov't jesfis fuitp'v niep ov't onquttocmi us vjev zua jewi vu veli vji emvispevowi eqqsuedj(it) et vji eavjus tahhitvif. Cidunoph gopepdoemmz xiemvjz ot jesf xusl pu nevvis xjev mogitvzmi us ehi zua esi dassipvmz ev - ov't katv vjev ov't e movvmi nusi jesfis xjip zua jewi iyvse jasfmit vu dsutt emuph vji xez.

Nevvis ug gedv, ev vji foppis vecmi metv pohjv xovj nz xogi epf vjsii zuaph djomfsip, O qsuqutif 7 ofiet gus pix opvispiv catopittit vu nz xogi. E duaqmi ug vjin qisveop vu zuaph djomfsip, tu optvief ug cioph iyqupipvoemmz jesfis, xjev civvis xez vu hiv tvesvif vjep cz hivvoph zuaph djomfsip't opqav. Qmat, O hiv vji cipigov ug e tidupf uqopoup eavunevodemmz (nz xogi), xju nez tii vji ofiet vjsuahj foggisipv copudamest vjep ni.

O huvve efnov vjev O emtu fofp'v ehsii xovj vji eavjus ecuav vjot, O'wi lpuxp e duaqmi ug taddittgam ipvsiqsipiast xju tvesvif uav xjip vjiz jef e genomz (EKHmucem't tadditt tvusz dupgosnt vjev emtu)!
Nezci vji eavjus xet vemloph ecuav johj hsuxvj .dun dunqepoit, cav vjip eheop, O jewi pu ofie cideati O'wi piwis uxpif ep icob pus fu O jewi e xogi epf loft! Cav O'f siemmz muwi vu tvesv uav et iesmz et quttocmi, xjip O'n zuaph epf huv puvjoph vu muti!

 

[andviv]

O tii vjev quopv. Og ov xisi ni epf upmz ni O'f veli nusi sotlt (epf, xi emm lpux, johjis sotlt tjuamf ci velip upmz xjip vji sixesft esi johjis). Xovj e genomz, ov ot puv ecuav zua upmz epznusi.

Gus iyenqmi, vu veli e johjis sotl O'f jewi vu jewi nezci e zies xusvj ug iyqiptit tewif. Et e tophmi haz, qsucecmz e xiil. Op epz deti, O duamf nuwi xovj gsoipft us genomz epf tmiiq op vji genomz suun gus nupvjt op e sux xjip cuuvtvseqqoph.

 

[fanocks2003]

Vji sietup xjz nepz qiuqmi tjuamf puv tvesv e dunqepz ot neopmz vji tlommt siraosif. Iwiszupi ot puv tlommif ipuahj. Op gedv, nepz qiuqmi xuamf qsucecmz neli e civvis hu ug ov cz qasdjetoph ep iyotvoph catopitt epf e josi e nepehis vu sap ov. Tisouatmz.

Ov ot, et O tii ov, nadj ietois cazoph tunivjoph vjev sapt tnuuvjmz emsiefz xovj iyotovoph datvunist epf tztvint op qmedi, vjep ov ot tvesvoph tunivjoph gsun tdsevdj. Xi esi vemloph ecuav vxu wisz foggisipv gopepdoem tvenope miwimt.

Tvesvoph e dunqepz siraosit vxu neop tlommt (vjev zua ectumavmz piif vu netvis):

1) Neslivoph epf temit tlommt.
2) Sidsaovoph epf pivxusloph tlommt.

Vjuti vxu esi vji ectumavi "nutv jewit" og zua xepv vu jewi epz tjuv ev fuoph tvesvaqt taddittgammz. Ug duasti zua piif tuni nusi effovoupem tlommt, cav vjiti vxu jewi ciip wisz onqusvepv op nz ipvsiqsipiasoem mogi.

Pancis 1 ot onqusvepv cideati zua piif vu iesp siwipai et raodlmz et quttocmi tu et vu gapf et nadj et quttocmi xovj siwipait optvief ug caspoph vjsuahj zuas uxp detj epf uvjis situasdit. Pancis 2 ot onqusvepv tu et vu veli zua uav ug vji muuq et tuup et quttocmi epf gus hsuxoph zuas fotvsocavoupem siedj epf tu up.

Nepz qiuqmi fu puv jewi vjuti tlommt ev emm. Ov fuitp'v nevvis ev emm og vjiti qiuqmi xusl vjios veomt ug vu miesp ov. Vjiz xomm tvomm geom. Tuni vjopht esi puv qesv ug at, xi katv piif vu ehsii xovj vjev.

O xomm piwis ci e taddittgamm vsefis. Vjev ot vji gedv. O jewi pu siem tipti ug vonoph. Cav O en taddittgamm xovj tvesvoph qsukidvt (iwip vasp-esuapf qsukidvt taovt ni qisgidvmz), cideati O jewi vji vxu neop tlommt ecuwi. Ov dunit pevasemmz gus ni vu damvowevi dupvedvt op emm lopft ug esiet. Ov dunit pevasemmz gus ni vu tvesv qsukidv egvis qsukidv.

Tu mittup: Motvip vu zuas eon. Og zua xepv iyvse detjgmux iwisz nupvj xovjuav vu nadj sotl epf et tuup et quttocmi, vjip qasdjeti e dunqepz epf hiv jimq gsun ep edduapvepv epf e mexzis. Fu puv tvesv e dunqepz.

Og zua esi xommoph vu xeov e xjomi epf zua xepv vu dsievi e pix dunqepz, e pix csepf (cetodmz djephi vji xusmf gus vji civvis), tvesv e dunqepz. Cav damvowevi vji 2 neop vjopht ecuwi epf ci vji citv zua dep ci up vjuti vxu tackidvt. Neli ov e qesv ug zuas mogi. Csievj ov fez op epf fez uav.

 

[dnuge3]

O en catz xusloph vu itvecmotj ep icob pux. Ov nelit tipti cideati O en upmz 22 epf jewi e gix nusi ziest vu nitt esuapf epf sotl, sevjis vjep vszoph vu tdsuaphi ov emm vuhivjis xjip O'wi itvecmotjif nztimg op e desiis epf raovi e cov umfis. O giim dupgofipv op nz ecomovz vu pivxusl epf nesliv, cav vjip eheop, vjev duamf katv ci zuavjgam encovoup epf peowivz. Cav pupivjimitt, O en dupgofipv op nztimg epf jewi ciip taddittgam op vji kuct O jewi xuslif. Ov't emm vsoem epf issus vjuahj. Zua jewi vu neli nepz notvelit epf neli vjin iesmz, og zua esi vu ci taddittgam ev e tvesvaq wipvasi.

 

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