Today I enjoyed meeting with Michael Tavani and talking about startups. In our conversation, I mentioned how I am working on two new venture ideas with new teams members. These new team members are new to startups. Essentially these new founders are enjoying a de-risked entry into startup life because my team and I are providing the idea, capital, and structure for starting up.
Michael explained how Switchyards, his new consumer startup launching pad, also de-risks startup entry for creative people in Atlanta. I think that is great. We also agreed that Atlanta Ventures companies also enjoy this de-risked entry into entrepreneurship and provide a great example for how that model can be successful.
There are so many people that would be great at doing startups. They are talented and would flourish if they were only willing to take the leap from their BigCo or from their safety net.
The cost of launching new startups is low enough today that a few hundred thousand dollars can easily enable co-founders to pursue a startup idea for 2-3 years in a bootstrapped organic growth mode, giving the startup time to get its legs.
I’m convinced that any substantial and meaningful idea pursued by competent people with enough persistence can be a successful venture.
What are your thoughts on the de-risking of startups through parallel entrepreneurship?
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