Sumir The Seeker

Been Around The Block, Yet I Seek.

Startups – Not For Everyone

In some way shape or form I’ve been doing startups all my life, way before the word became common parlance, and more or less got beaten to death. Everybody seems to be doing a startup these days, either setting up one or working for one. And in case you haven’t noticed, plenty of them are falling by the wayside, leaving in their train wonton damage, chaos and mayhem. How many of them are actually raking in the cash? How many are at operating profit? How many are at post tax profit, or for that matter pre-tax profit? And even though I don’t quote statistic after statistic, believe me they are at proportions that are alarming. It’s like they are businesses that are ab initio doomed to fail, yet the kind of money they attract is quite disproportionate to the kind of money sound businesses seem to attract.

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