just a friendly reminder that you do not need to build a billion dollar startup to achieve wealth & status.
sometimes building something that makes 1-2mn a year is the right move.
sometimes building something that makes 1-2mn a year is the right move.
Small business is fragile endeavor, comparing to both regular employment and scaling small business to larger one with higher resistance to risks.
My suspicion is that a person who is constantly chasing a billion dollar business is going to have to make a lot more hops than someone chasing a more modest goal.
This is not a recommendation to avoid those billion dollar goals, just an observation on relative probabilities, and what is an appropriate target if your goal is stability.