ehandbury@[EMAIL PROTECTED]
writes:
> On May 28, 11:39 pm, Phper <hi.steven...@[EMAIL PROTECTED]
> wrote:
>> Please cast light on this.
>
> I don't understand the question... of course its wise... whether you
> are 17 or 77, get out there and do it.
I'm not sure it is wise for some people. Unless you have access to the
range of skills needed (or at least the desire and ability to develop
them or win over others who have them), and the ability to bring
yourself to face reality (which will be critical of you in some
respects; as far as I can tell, some people spend their whole lives in
denial) and the discipline to make yourself work harder than the average
employer will make you work, you stand a high chance of failing. A lot
of people are much happier with others worrying about various forms of
business risk for them and handling the myriad hassles, and would rather
not face the uncertainty and responsibility of running a business
themselves. Indeed, even despite my willingness to work hard and to
detect and correct my mistakes, the range of businesses I could sensibly
run is rather limited because of personal limitations I have.
Of course, a lot of people, if they wanted, can sensibly be /part/ of a
start-up, if they have something of value to offer, and the others in
the start-up can offer the other pieces, but they might make a bad CEO.
For instance, the sort of person who makes a good product engineer is
probably very different to the sort of person who's good in business
development.
Having said all that, a lot of people can make a start-up work well
enough to make them a living, even if it's less money for more work and
hassle than a regular job would have been!
Also, there are people whose passion is for a career that has high
start-up costs, where it can make sense to build up contacts, experience
and savings as an employee first. You find this pattern in industries
ranging from medicine to construction.
Mark
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