You can know easily know if a startup will fail: try to make them easily state how they expect to make money.
Most self named startup that are as much a startup the new baker around the corner feel self entitled to be fuzzy about earning money.
A baker is like a startup, it requires freaking investment, it requires innovation, it requires to adapt to a market where distributions bake frozen «high value» (frozen) bread at 50% of the costs.
But a baker will always know how he/she makes money, how much investments are needed, that they must have a plan to reimburse debts, a point of equilibrium, a knowledge of operational costs and a clear position on the market in front of competition.
That is why I am trying to get hired by the baker around the corner, I feel more entrepreneurship in this guy than most MBA in suits and tie that plays with others money and lives without a real sense of responsibility or professionalism.
Most self named startup that are as much a startup the new baker around the corner feel self entitled to be fuzzy about earning money.
A baker is like a startup, it requires freaking investment, it requires innovation, it requires to adapt to a market where distributions bake frozen «high value» (frozen) bread at 50% of the costs.
But a baker will always know how he/she makes money, how much investments are needed, that they must have a plan to reimburse debts, a point of equilibrium, a knowledge of operational costs and a clear position on the market in front of competition.
That is why I am trying to get hired by the baker around the corner, I feel more entrepreneurship in this guy than most MBA in suits and tie that plays with others money and lives without a real sense of responsibility or professionalism.