Ubiquity

The point is that money by itself won’t make you successful; it may well cause you to fail. I will take an inexperienced, hungry, cash-strapped startup team over a well-oiled team of Google or Microsoft veterans any day. Hungry companies figure out ways to keep eating because they don’t know whether there will ever be another meal. Veterans and serialists worry less about failure and are therefore more likely to fail. This, in a nutshell, is why it’s so hard to find examples of people who have grown more than one company to considerable size. And this is also why less money means more chances for success at most startups. Capital starvation leads to innovation. Slim bank accounts are the best way to motivate sales people. So don’t worry if you think you don’t have enough capital. Instead, be grateful for your sense of urgency.