Startups are an excellent way to make money — for everyone else.
We all love hearing the story about that super-successful Founder who made a billion dollars growing their startup. Those legends fuel the myth that we "rank and file" Founders must also be swimming in our Scrooge McDuck vaults of cash.
Yet, I speak to thousands of Founders and if there's one common thread when it comes to money — it's that most of them are beyond broke!
So how is it that we can spend so much time building a wealth engine that doesn't actually provide any wealth for us? Where is all that money going anyway?
The problem starts with us. When we launch our startup, we're wildly resource-constrained, so we start off by sacrificing our own ...