May 11, 2005

advice I hope I’ll take

“Remember that. If you start a startup, you’ll probably fail. Most startups fail. It’s the nature of the business. But it’s not necessarily a mistake to try something that has a 90% chance of failing, if you can afford the risk. Failing at 40, when you have a family to support, could be serious. But if you fail at 22, so what? If you try to start a startup right out of college and it tanks, you’ll end up at 23 broke and a lot smarter. Which, if you think about it, is roughly what you hope to get from a graduate program.”

-Paul Graham, from here.

I’ve heard this same argument more than once… except for the last three sentences, which puts it into a proper perspective.

No Comments

  1. me and jimmy went to that talk! he’s not an exciting lecturer, all he did was read from his paper.

    Comment by ug — May 12, 2005 @ 12:17 am

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