The Recovering MBA

The Recovering MBA

Life is tradeoffs, not risk diversification

Posted on Aug 17, 2011 2:15:00 PM by Jeremy Crane in startups, in Entrepreneurship, in Finance

I've been thinking a lot lately about decisions and choices.

I was chatting with a young startup enthusiast recently and they made a comment that struck me. It was something along the lines of "kill yourself for a few years now and you'll be set for life later."

This type of sentiment about startups is pretty rampant these days. The funny thing is, I don't think it used to be. When I speak to older generations about entrepreneurship the general sentiment is that you're better off getting a steady job. Obviously the advent of the web startup with the extremely low barriers to entry and initial capital requirements has a great deal to do with this. On a relative basis, it's pretty easy these days. The problem is ... while it maybe “easy” to code up a website, it's not easy to make it a viable business.

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