The implications of this have always fascinated me. It's hard to go back to being a worker when you've spent time as a boss, but we also know that 75% of venture-backed startups fail.
What happens to the failures? Can they go back to work and fall back in line? Or are we going to have "Professional Founders" or "Business Engineers" down the line that have a decade or two of experience starting and running companies, none of which survived past infancy.
It's hard to imagine in the very positive atmosphere that most young entrepreneurs live in. What are you supposed to do when you want to keep building companies, but they just keep failing? Are you prepared to say "I can't do this very well" and move on? Where will you go?
I personally don't think startups are the tech equivalent of starting a band or going Hollywood, but I can understand why some would employ the analogy.
What happens to the failures? Can they go back to work and fall back in line? Or are we going to have "Professional Founders" or "Business Engineers" down the line that have a decade or two of experience starting and running companies, none of which survived past infancy.
It's hard to imagine in the very positive atmosphere that most young entrepreneurs live in. What are you supposed to do when you want to keep building companies, but they just keep failing? Are you prepared to say "I can't do this very well" and move on? Where will you go?
I personally don't think startups are the tech equivalent of starting a band or going Hollywood, but I can understand why some would employ the analogy.