| One Startup | Two Startups |
|---|---|
| Focus | Applying things in both. Learning a valuable lesson in one startup can help you prevent mistakes in the other. |
| Commitment Enforced | Commitment Still Possible |
| The one thing (book) | One thing makes you blind, it's better to see multiple viewpoints because you work in different environments |
| Tricky. Startups have risk. You can loose it all at once |
Dynamic. Lean. Possibilities. |
| Your employee has you. No authentic compensation required |
Working at two startups at once stimulates competition between your employees. You can reward your best startup with working there more and harder. This automatically makes your salary closer to what you are worth |
| 80% failure. Success after 5 times on average | 64% Failure. Success after <3 times on average |
| Most people do it. | Elon Musk does it |
These are all good reasons to go for two startups. So I do.
