Startups are the new shiny toy these days. Groupon and Mint are among the constantly quoted examples of what can go right with a business startup, but what percentage of startups actually enjoy that kind of phenomenal success?
Before you jump right into a startup, consider these four reasons it might be worth thinking through.
4 Reasons You DO NOT Want to Have a Startup
1. Money Burns Like Kindling
Whether you’re bootstrapping your startup or actually get seed money or VC capital, I guarantee the money will disappear quicker than you planned. A VC in Silicon Valley wants you to meet in his office…tomorrow. Bam: $2,000 for travel expenses. Another mobile carrier said they’d consider hosting your app, if you make 20 hours’ worth of programming changes. Bam. Another $1,000 gone, with no guarantee of revenue as a result. Things break. Conferences come up. Money dwindles.
To read the full, original article click on this link: 4 Reasons Not to Launch a Startup
Author: Susan Payton
