Change the Rules of the Game for a Sustainable Entrepreneurship Ecosystem.
The photo you see below is from an academic article dated December 12.
We designed this ecosystem about a year ago. We designed much more. A year later, we said this would be the solution needed to improve healthcare. Many investors said it would never work. We told investors that we were designing the needs of the future, not the present. So did it work? No. They wanted proof of product/market fit. We said that the product could measure evidence of product/market fit in other ways besides revenue, traffic, and MVP. Still, they persisted in their status quo answer written in several blog posts using phrases thrown off dusty bookshelves.
Why do we enter discounted Pre-Seed valuations if the investor is not risk-taking? If we call angel investors “angels,” they should not act like investors. The difference between an investor and an angel investor is the angel investor’s courage to take more risks.
That’s why entrepreneurs reward their angels with a discounted SAFE. A farmer need not look for proof that it will rain next year when planting seeds in his field. The weather can’t tell you a year ahead. I grew up in a village far from the city until I was 7 years old. I can only go one month a year and help my family grow crops. We trust our land because we know it. Instead of looking for evidence for crops to sprout, we eliminate toxic plants that inhibit crop growth. So I think it’s the right idea to question “reasons preventing it from happening” instead of “looking for evidence that it should happen.” Because you cannot see the seed under the soil, we know which seed sprouts in which soil and what harvest that soil can give us.
The current entrepreneurial ecosystem is not only causing startups to fail but also poisoning the soil. When this happens, the lands of the entrepreneurial ecosystem that has made progress for humanity become dry, and over time you will not be able to get a yield from that soil.
You cannot invest in a sustainable future by adopting investor techniques that have been successful with investments that have harmed our planet in the past. Ask these investors, and they will tell you that emotion and empathy will make you a bad investor. This is absolute nonsense. Please let me explain and keep reading.
No business can be successful if you are free from your emotions and do not empathize. Two of the Nobel Prizes in Economics awarded in the last 20 years are in Behavioral Economics.
Please take a look at the list posted below the write. Especially the last 5 years should be enough for you to stop this madness. Instead of relying on a blog post or two, trust this list. Trust me; you will never regret it.
Today’s digital age is growing communities fast, and consumer behavior is constantly changing. This change took less than it used to because the internet is accelerating us to spread our ways of thinking to others. If you reject Behavioral economics, it is now the same fixed-mindedness of those who advocate flat earth today. The best thing you can do here is to seek help from a health consultant when we launch Healthmonde. Because if you continue with this persistence, you may lose many more important things besides failure.
1. It makes you a tyrant who lacks the virtues of being Human and blunts your empathy. A lack of empathy turns you into a more callous, grumpy unloved miser. You will make a conscientious explanation for the bullying you have done inside yourself, but remember that people will always find an excuse to silence their conscience before they do something terrible.
2. You continue normalizing the unethical aspects of the unfair entrepreneurial ecosystem that rewards theft and discredits success. This makes you paranoid about your founders at some point and makes it difficult to have a relaxing sleep activity. You become a stressed person, and you die early.
Invest your money in a healthy venture like any healthy person. GMO startup poisons you.
Decide what you are, who you are, and what kind of startup ecosystem you want. A GMO and hollow venture? Or an attempt where you will feel the pleasure of success or defeat when you eat the fruit full of vitamins, for which you take natural and logical risks for seeding?
GMO startups always shine brightly. For organic ventures, you need to look and touch more carefully.
Your choices reflect you. It shows what you are.
So the question is not “to be or not to be.” It’s also about what we are.
