That’s really all there is to it. Execute the basics correctly and you’ll be in great shape when I come along and rip away your dreams with one emotionless pen stroke.
In the early days of your startup, you may have to do a little bit of everything: design, accounting, marketing, legal, even cleaning up the office. That takes hard work, perseverance, and—I can’t emphasize this enough—the understanding that once you’ve succeeded, I will begin systematically choking off your revenue streams.
Beyond that, you need to be willing to pivot. Too many times I’ve seen startups get mired in ideas that were clearly unfeasible from the get-go. And even if your core business is sound, you may need to reboot your product several times before you create something so truly innovative that I move into the market myself and proceed to undercut you at every turn, putting such enormous strain on you and your partners that your organization descends into bitter infighting.
Now, suppose your startup really catches on and you build up an impressive customer base. That’s great—but there are still many trials ahead. Be prepared, among other things, for my company to duplicate your product or service and sell it at prices you can never compete with, all the while turning your board members against you one by one and, eventually, buying your company for less than it’s worth just so we can shut it down. Nonetheless, congratulations! You’ve made it further than most.
LoneClaw I thought these news stories were supposed to be fake. . hits too true.
I thought the onion was satire.
I hate this joke because I feel certain he’d think it’s a complment.
Only it’s the truth.
LTrotsky21 “Buy him out, boys.”
as long as i get paid along with some stock
I wish this was satire...
Classic Lex
I will, however, let you own Baltic & Mediterranean Aves. before you learn the true name of the American Game: hint, it is not nor never has been Capitalism...
doesnt miss
UNHCR in Countries Should Protect Refugees Rights.He Should Not Accept Orders from SICK DICTATORS!!! It is don't turns out Slandered and Poisoned Us. The main thing is to Pull out from Kampa and STEAL! EU is Waiting for Montonegro to Pack and Send Us home to DEATH!
Why is there a picture of EvanHandler ?
profgalloway
Magazines of the future don’t look so good 😕
Accurate
Damm this hit my angry spot! 🔥🔥 Bozo 🔥🔥
My advice to him is to remember, nobody is forever.
Onion doing journalism again
If you start a small online business your only hope is Amazon, Netflix, Apple, FB, buying you out Otherwise, if you are successful, they will push you out