Earlier quoted context omitted.
Since one out of ten fail, that wouldn't be the best strategy.
Assuming you meant "9 out of 10 fail", and that the average failure takes a year, including recovery time at a real job to replenish your finances and find a new idea... That means you've had 6 chances just by the time your colleagues have finished grad school. 0.9^6 = 0.53, so you have a 47% chance of being a multi-millionaire by the time your academic friends are even entering the rat race. Compare that to the arti…
Re: Don't Become a Scientist.
#91and plus, having started and failed at 5 startups, you learn a lot! your chances for the 6th one will definitely be higher than 10%.