Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I don't follow this logic as a valid reason not to become an entrepreneur.

1. The 90..95% definition is stupid. Projections are irrelevant other than for purposes of planning, appeasing investors and roughly determining whether the business model is viable. Depending on the entrepreneur's goals, actual long-term ROI is all that matters.

2. In that respect, 70 to 80% failure to generate projected ROI is not bad. I've never been in the 80-percentile of anything of I've done, therefore these statistics are actually pretty encouraging to me.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: