Paul Graham: Start a Startup, Or Not
Paul Graham’s latest essay - Why to Not Not Start A Startup - “lists all the components of people’s reluctance to start startups, and explains which are real”. He lists 16 reasons why people prefer a regular job over starting a company; here’s a sample:
3. Not determined enough
You need a lot of determination to succeed as a startup founder. It’s probably the single best predictor of success . . . I’d say the test is whether you’re sufficiently driven to work on your own projects.
6. No cofounder
Not having a cofounder is a real problem. A startup is too much for one person to bear. And though we differ from other investors on a lot of questions, we all agree on this. All investors, without exception, are more likely to fund you with a cofounder than without.
13. Fear of uncertainty
Well, if you’re troubled by uncertainty, I can solve that problem for you: if you start a startup, it will probably fail.
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