Betting big when creating a start-up or

Snapchat’s Evan Spiegel probably wouldn’t have any trouble answering this question instantly. The 20-something has become a billionaire since his startup went public last week. It’s already apparently valued higher than many well-known, established companies in more traditional sectors. firecrackersPhoto rights by Fotolia You need a couple of… if you bet big in Spain Honestly, you have to have a couple of… to launch a company that at the beginning does not have as its main objective generating income but only to grow at the user level. In Spain you even have to have a couple of those squared.

Last week I spoke with an entrepreneur

who is growing with his start-up at the user level but the investors here ask for income before putting money in . You have to keep in mind that in this greece whatsapp number data case it is not about some green twenty-something who does not know what he is doing. He sold his first start-up successfully so he has a proven track record. But nothing. There are a few exceptions, such as Wallapop , which can afford to grow for the sake of growing by increasing its user base.

 

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Headquarters in Spain

but also to make losses, having its. I am not sure that the recently implemented advertising system can cover all that, but let us give them some leeway, because these entrepreneurs also deserve our trust and patience due to their track recordm buying house b more to less – betting on income from day zero Very few startups manage to succeed andor receive funding (not the same thing). Even fewer manage to continue raising funds without significant revenues to justify it.

 

The idea is to finance growth

If we apply only mathematics, the probabilities of “betting big” do not make sense for the vast majority of entrepreneurs. It is too difficult to win the platform also offers excellent this game no matter how hard you try. I like to bet more on projects at this time that allow billing from the start . To do this, you have to know where to put your eggs in the basket .  with income.

Another important factor

is when you have product inventory, it is to achieve a quick rotation, so sometimes it can make sense to sell with a small margin to earn more. It is a different bet from what I have been doing until now, since I gave preference to low-volume products but high margins. Factors such as scalability, process automation and cost  preferences. I may never make it big, but there are more important things in life (at least for me)…

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