Why to not Not Start a Startup

Paul Graham’s essay Why to not Not Start a Startup argues that many people unnecessarily hesitate to start startups, and most objections are unfounded.

Success is Achievable

Y Combinator’s early data showed roughly 50% of their first batch succeeded, with founders becoming wealthy within two years. Long-term success rates around 25% are significantly better than commonly cited figures.

Failure Isn’t Catastrophic

Even unsuccessful founders report positive experiences. “0% of that first batch had a terrible experience.” Failed founders often transition successfully to new ventures or secure profitable exits.

Common Objections Are Overblown

Concerns about age, inexperience, intelligence, business knowledge, and lack of cofounders are systematically refuted. “Starting a startup just doesn’t require that much intelligence” for most ventures.

Ideas Evolve Naturally

Approximately 70% of startup ideas change within three months. This fluidity means initial ideas matter less than founder capability.

Real Constraints Are Few

Only legitimate barriers include family obligations and certain psychological traits. Most other concerns—fear, uncertainty, parental pressure, societal defaults—represent fixable mindsets rather than actual obstacles.

My Takeaway

Most reasons not to start a startup aren’t real reasons. They’re excuses. Examine what’s actually stopping you.

What’s holding you back? I’d love to hear at persdre@gmail.com.