On: A Founder Salary Calculator

[Judgmentality]

> you can't execute a mediocre idea into a success

No, but great founders can realize this sooner, wasting less money and decide to either return what's left of the money or pivot.

Very few successful companies grew into their original vision - they changed along the way because they had great leadership (and luck).

[danieltillett → Judgmentality]

I would have thought great founders would have realised this before wasting time on a bad idea. I have never understood the logic behind working on something bad just on the hope you will pivot to something good later.

[baxtr → Judgmentality]

You mean like google, facebook and amazon?

[Judgmentality → baxtr]

Google initially didn't want to sell ads. Amazon was an online book store. Facebook, admittedly, seems to be the exception to the rule.

[CalChris → Judgmentality]

Amazon is still an online bookstore and Google did want to sell ads. But they just wanted to sell search first which they did, to Yahoo.

Oracle is still a database company. Apple still makes computers.

I’m blanking on a great founder who successfully pivoted, operative word being great. Successful is a lower bar.