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A comment on You Don’t Need a Master Plan, You Just Need to Start.

Re:You Don’t Need a Master Plan, You Just Need to Start by mSparks on Monday November 14, 2016 @08:11AM (#12949558)
actually. imho. the most important thing you need is the motivation to just keep on going with the plan even when you only have $50 left in the bank and everyone thinks you are crazy.

Pure cash isnt enough of a motivation for those kind of hurdles. And they will come.

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Re:You Don’t Need a Master Plan, You Just Need to Start by scott_karana on Monday November 14, 2016 @02:57PM (#12952711)
Isn't that just survivorship bias? Almost all startups fail.
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Re:You Don’t Need a Master Plan, You Just Need to Start by mSparks on Monday November 14, 2016 @03:08PM (#12952825)
Not really survivorship bias? Although if you can be clearer what you mean.

IMHO "Almost all startups fail" - not because they don't have a good plan, a great idea, or "fail to start"

They fail because they don't have the motivation (or capability) to push through the inevitable hard times and come out the other side strong and profitable.

It takes a very special dedication to take an idea from start to profit.

And it seems most "Master Plans" are to cobble together a good idea then sell it for millions to a greater fool.

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