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A comment on Ask HN: If my startup fails, what are the impacts on my future career prospects?. Parent comment

Re:Ask HN: If my startup fails, what are the impacts on my f... by rpedela on Sunday June 19, 2016 @12:18AM (#11931757)
If you are going to be a CEO then it is important to wear many hats in the beginning. It is important to understand the basics of accounting, law, sales, etc so that you have some idea what is going on with those aspects of the business when you are able to delegate those jobs to experts.
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Re:Ask HN: If my startup fails, what are the impacts on my f... by beachstartup on Sunday June 19, 2016 @12:46AM (#11931810)
yeah, a lot of entrepreneurs learn this stuff through a bunch of failed businesses where they do everything themselves. keyword: failed.
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Re:Ask HN: If my startup fails, what are the impacts on my f... by rpedela on Sunday June 19, 2016 @02:41AM (#11932054)
It is not that hard to do the business side in the early days. That isn't even in the top 10 reasons companies fail.
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Re:Ask HN: If my startup fails, what are the impacts on my f... by beachstartup on Sunday June 19, 2016 @11:29AM (#11933278)
really? overspending and poor record keeping (accounting and control), terrible or non-existent sales and marketing, inability to recruit good people, etc.

these are 'business side' things, and are basically the most common reason companies fail.

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