Constraints Breed Riches
Nothing kills young companies faster than wasting money.
You see it all the time in Silicon Valley. Entrepreneurs who burn through their cash. They rent office space with exposed brick walls. Buy expensive nut bars drizzled with dark chocolate.
Meanwhile, their scrappy counterparts move across the bay to Oakland. The rent is cheaper and they know every dollar they waste is stealing a dollar from building whatever needs to be built. Dollars are precious.
I once worked...