Entrepreneurs are worried, but some are not worried enough

Webware survey, 491 respondents. On the one hand, I agree with Dave McClure and his bombastic post, Fear is the Mind Killer. He's right. Start-ups are by nature risky. Even in good times, when venture capitalists are spreading money on entrepreneurs like farmers spread manure, they expect only a few roses to bloom. The rest of you? Weeds. You're going to get lopped off--by competitors, your investors, or your own incompetence. That's part of the fun. But a healthy amount of fear is a good motivator, and I have to part with McClure on one thing: there are some entrepreneurs out there who aren't afraid enough. And I have numbers. In a quick and admittedly unscientific poll on Webware, I asked entrepreneurs to answer two questions. The practical question: "How long will your cash last?" The state of mind question: "How freaked... [read full story]