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How Not to Die

paulgraham.com

141–150 of 154 posts

Re: How Not to Die

#143
As a young (19 year old) co-op Computer Sciences student currently stuck in cubicle hell for 4 months I'd like to say that re-reading this essay just saved my day. I really wish I'd discovered Paul Graham a few years ago.

Re: How Not to Die

#145
Good stuff.

The actual statistic (Business Links, UK) is 90% of startup businesses go bust within the first 6 months. If you can hang on longer than this, the statistics improve. This mainly has to do with cash flow, startup costs etc. which many starups don't adequately plan for. If the business model enables you to survive "indefinitely" and and you have minimum operating and living costs, this works fine. However, the other problem is stagnation - if you're not growing and no new ideas or changes are going into the business, you're going nowhere, no matter how long you hold on. Sincwe markets change quite rapidly, chances are that an idea that was great 3-4 years ago, will be stale and done by somebody else if it's not acted on quickly enough.

Re: How Not to Die

#147
Very thought provoking in title and concept. Do the next re-write on the back of an envelope with a little more on the rebirth of our nation's economy and an economic analogy with the Gettysburg Address will be complete.

Thanks for this influential piece. Those who would rebuild the production base of the Information Age and who still believe in Yankee Ingenuity applaud your fighting spirit.

I'm going to link to this from EconomicsWorks.com and bibusiness.com.

Re: How Not to Die

#150
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