How complex is your knowledge when it comes to communication and sales?
If it’s limited, then you have to scout out the right people to handle this for you. Plus, as a technical founder, are you the proper person who will be able to take this company to the level it needs to be at, or would you have to give up some power and hire a CEO?
Who do you have to make sure you aren’t breaking any rules or creating technology that is already patented by someone else?
How well are you keeping track of your books?
When you’re down to the last few dollars in the bank, what is going to motivate you to keep moving forward when you know that at any moment when something goes wrong, you can just bail and get a six figure job?
No matter what type of business you’re in, there are too many moving targets.
For one person to handle all of these, it is quite overwhelming. Even if you get a cofounder or two, marriages only work out 50% of time. Having two cofounders is like being married to two people. That lowers that probability level. Plus, when life happens, people rearrange priorities.
There are other companies out there who do things from having product lines, media, and what else have you. Most of these equations don’t only require money, but a team as well. Plus, with all the unexpected turns that come up, anything could really happen that will prevent you from achieving your ultimate goal.
So in the end when you compare a business to a business to a job, school or even a marriage, it is significantly harder to achieve.
Author: Leonard Kim
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