Start-up Lessons

[via Doc Searls] Paul Graham writes about his experience managing the first Summer Founders program. One of the many lessons for entrepreneurs to keep in mind:

Here’s a handy rule for startups: competitors are rarely as dangerous as they seem. Most will self-destruct before you can destroy them. And it certainly doesn’t matter how many of them there are, any more than it matters to the winner of a marathon how many runners are behind him.

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Rajesh Jain

An Entrepreneur based in Mumbai, India.