In today’s episode of The Startup Chat, Steli and Hiten talk about why your startup isn’t your baby.
In the startup world, it’s very common for some founders to compare their businesses to raising a child. And there’s a good reason for this as certain aspects of running a business does feel like raising a child and a founder can develop a level of attachment to that business. But doing so can be quite harmful and should not be encouraged.
In today’s episode, Steli and Hiten talk about Hiten’s thought on calling your startup your baby, why a lot of people think of their startup as their baby, the fundamental differences between a startup and a baby and much more.
Time Stamped Show Notes:
00:00 About today’s topic.
00:34 Why this topic was chosen.
01:24 Hiten’s thought on calling your startup your baby.
01:11 Why a lot of people think of their startup as their baby.
04:22 How a startup is not biological but mechanical.
06:18 How you might have to kill your startup at some stage.
06:41 The fundamental differences between a startup and a baby.
06:57 The harm in thinking of your startup like a baby.
12:15 How attachment can be a bad thing.
12:50 Hiten tip on how to avoid making running your business difficult.
3 Key Points:
With your kids, you have no choice but to deal with them. I feel like people create a false sense of attachment when they say their startup is their baby. A startup gets killed by the founders every day.