In today’s economy, many organization cultures suck and many managers perceive the dream of having their own startup just because they think their startup’s culture won’t.
Nothing is wrong in that thinking however they must know that they cannot underestimate the need of planning; analyzing and quantifying all the possible outcomes of their actions.
Dream full of passion, execution full of faults.
Peter had a dream to create a unique business.
He found an old friend who wanted to invest little thousand dollars. Peter believed more in passion than in planning.
He did not think about any exit strategy.
Peter is in debt and finding a job for last 3 months. Sigh.