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rootcage | 2 years ago

Grit and perseverance are often talked about as critical qualities in building something successful but knowing when to quit and start over is equally as important.

Food for thought, that most "startup" gurus don't preach.

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pier25|2 years ago

I agree but it's probably much more common for people to quit too early.

teh_infallible|2 years ago

There’s a big difference between quitting a side project and giving up on a startup. With the startup, you have other people depending on you.

IMO, this is the real power you can leverage with a side project, the power to change your mind and bounce between completely different ideas. Those famous side projects that become companies? I’d bet that a lot of them were not the first or even third iteration.

murukesh_s|2 years ago

I thought it was the other way around nowadays, the 'lean' way?. Correct me if I am wrong, I thought founders are encouraged to pivot if can't find market fit early.

abroadwin|2 years ago

Sunk cost fallacy is real.