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RE: LeoThread 2024-06-10 00:35

in LeoFinance7 months ago

Building a startup is incredibly hard. I believe all the best entrepreneurs are ones who pivot quickly and do so relentlessly until they eventually succeed

Look at INLEO’s history

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you have to change and adapt as new opportunities and information is available to you.
Startups are difficult. You need to surround yourself with good people and advisors.
It takes times and is not for the weak.

perseverance is the #1 skill

agreed. My wife calls it stubbornness

Just like the seasons, they don't bear fruit all year round, so we really have to adapt to the circumstances.

this is a great way to state this.

I've been a part of a few and the thing I learned that was most interesting is that those who don't take VC money have the best chance to succeed after a pivot. The money usually strips you of some of your control and you go into a forced burn of your capital. If you don't owe anyone you can do what you want.

This is extremely true

That’s why (among other reasons) I’ve never taken VC money for INLEO

We bootstrap everything and are now building a real business model with Premium + LeoDex

It's the hard, uncomfortable and scary way to do it but when you make it through you don't answer to investors, only customers. It's the best possible scenario.

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what I'm trying to say is if that if you have investors sometimes you can't pivot and are forced to fail slowly lol