So the concern here is that it may be as hard (or very similar) to start something small vs trying for something big .. I will note that going for something big also likely means starting small (so again same effort)
So the concern here is that it may be as hard (or very similar) to start something small vs trying for something big .. I will note that going for something big also likely means starting small (so again same effort)
You can have a big idea that makes no money (like Quibi, a streaming service that raised 1.75 billion and shut down after 6 months). You can also start as a door to door salesman selling baking powder and accidentally create Wrigley's gum. You can also assemble custom computers as a side hustle and then scale the business to become Dell.
You have no clue what's going to become a big business. You have no clue what idea will require a lot of work, and what idea will just go viral. Candy Crush makes more money than No Man's Sky.
The thought that you can predict what idea will make it big is laughable. VC's invest in hundreds of companies because while they're pretty good at picking companies, they know it's largely a crapshoot.
>Some people's entire jobs is to find a track them (whole VC industry)
I mentioned this. What percentage of companies that a VC invests in actually go big?
I'm not denying that VC's are great at their jobs. But I'm pointing out that the best of the best at this have ~5% of the companies make more than a 3x return. 50% lose money.
Not in the sense that everyone should always aim for it, but simply as a "reality check". You won't be able to directly compete with large established players - so don't.
If you wanted to start a company like Zuckerberg's you had one place (Silicon Valley) and a time period of less than ten years in which things like that were getting funded (or alternately, a similar window in China that may or may not still be open)
You'll always be able to find people who want to be partners in a restaurant, whether or not they are out of their mind is another question.
If there was a recipe for Mark Zuckerberg's wealth there would be many of them. There's is no tried and true set of instructions that makes someone a billionaire, it feels dumb to even have to type that.
Only an extremely naive individual, perhaps an 8 yo kid, would believe such thing exists; particularly if it's on a book that costs $19.99, lmao.