14:17Why Should I Start a Startup? by Michael Seibel
From Y Combinator · Published Jul 22, 2019 · Watch on YouTube
TL;DR
Michael Seibel argues that the decision to start a startup depends on which of three personality types you belong to: those who can only thrive in an entrepreneurial environment (~1% of people), those who can function equally well as founders or inside large companies (~1%), and the majority who operate best within established systems.
Key insights
- There are three distinct groups of people: those who must work in a radically entrepreneurial job (~1%), those who can excel in either a startup or a large company (~1%), and the majority who operate
- Most people confuse themselves for the "on the fence" group, but that group is actually very small.
- A craftsman/artisan mindset does not equal a founder mindset; as a founder, you almost by definition stop doing the thing you are good at and must do things you suck at.
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