“The problem with the Internet startup craze isn’t that too many people are starting companies; it’s that too many people aren’t sticking with it.”

Steve Jobs

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14 comments · Show

  • Jason

    Such an awesome quote

  • Aee

    The problem with the Internet startup craze isn’t that too many people are mcdermott cue companies??

  • Rob

    Remember he said this in 2000 – may not be entirely applicable 11 years after.

  • Patrick

    Wish it weren’t true but it is…

    Thanks Venture Hacks!

  • Dan Cornish

    This is very true. We started in 1999, lived thru the crash, kept plugging and we are now having our best year ever. I can not tell you how many people told me to hang it up, sell the company or do something different. Sometimes knowing you are right is the only thing the makes you different that everyone else.

  • Daniel

    I have 3 kids 2 boys and 1 startup…. wouldn’t give any of

    them up for adoption? Well maybe the 7 yr.old lol, And we

    haven’t even launched yet! I love what I do and how much of

    impact we will have in our space once we launch!

    The conversion rate will be crazy! Keep this post as a data point.

  • @michaelreyes1

    “The best way to predict the future is to invent it.” Alan Kay said it… Steve Jobs lived it.

  • Anthony Wang

    Many of life’s failures did not realize how close they were to success when they gave up.
    – Thomas Edison

  • Jeff Weiss

    I’m in the Orange County / LA startup scene and there is a lot of this. People come to startup events to learn and part of the problem (I believe) is a lack of mentors to providing a “critical path” for new startups to follow.

    They run from event to event trying to find that one event that will teach them how to do evenything, go from idea, to forming the company, to getting funded.

    Unfortunately without the right road map they burnout and give up.

  • Mike Hodgkinson

    Of course MY startup is worth never giving up, but I saw a guy on Dragons’ Den (the original Shark Tank) who had spent 20 years developing a complex new musical instrument, kind of a box covered in buttons…when asked to play a tune he couldn’t…HE should give up :)

  • Accountants in Kent

    Very true, not just of internet start ups, but any new business.

    You don’t get success overnight unless you are very good or very lucky.

    Persistence, persistence, persistence, thick skin.

  • machbio

    this is the story of life.. patience is king…