Comments on: Relentlessly Resourceful http://www.jacksonfish.com/blog/2009/03/09/relentlessly-resourceful/ Handmade Software Experiences Sat, 26 Jun 2010 13:31:49 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Andrew http://www.jacksonfish.com/blog/2009/03/09/relentlessly-resourceful/comment-page-1/#comment-60211 Andrew Mon, 09 Mar 2009 22:24:44 +0000 http://www.jacksonfish.com/?p=2020#comment-60211 How does money fit into the elimination of failure? Maybe you've been lucky enough to be profitable from the beginning, or have another source of income, but I suspect many start-ups give up simply because the founders get to the point where they literally have to choose between putting more money into the company or paying their mortgage. At this point it becomes a direct trade off between the company and the founders family. Looking at things from an investors point of view isn't necessarily helpful in making this trade off. I agree with the luck comment although you might want to have a read of The Luck Factor by Richard Wiseman. Chance and luck are two totally different things yet we often ascribe to chance that over which we actually have some control. How does money fit into the elimination of failure? Maybe you’ve been lucky enough to be profitable from the beginning, or have another source of income, but I suspect many start-ups give up simply because the founders get to the point where they literally have to choose between putting more money into the company or paying their mortgage. At this point it becomes a direct trade off between the company and the founders family. Looking at things from an investors point of view isn’t necessarily helpful in making this trade off.

I agree with the luck comment although you might want to have a read of The Luck Factor by Richard Wiseman. Chance and luck are two totally different things yet we often ascribe to chance that over which we actually have some control.

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