Tim Draper says don't start a company just to get rich. A startup solves a real problem and demands daily work. Most fail, but the ones that succeed can change the world and return exponential gains.
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If you're planning to start a startup, there are 3 things you should know. Number 1, don't think it's the easiest way to get rich. If you are starting a startup just to get rich, forget about it. To build a startup is to solve a real problem. You will have to push your limits every day, and you'll have to embrace the hustle. Number 2, a startup is a never-ending puzzle to resolve. Running your own startup means that there's always a challenge to tackle. It's a never-ending pursuit of solutions, and you'll have to grind every day to make it work. Number 3, high risk, high reward. It's very risky to start a startup. There are much more startups that fail than succeed. However, if you successful, you will be changing the world, and your return on investment will be exponential. Follow this and more insights on entrepreneurship and business.