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  1. Y Combinator1 min

    How do you balance optimism and pessimism while building your company?

    Michael

    Successful founders must balance optimism and pessimism, as deviating toward either extreme leads to failure. Excessive pessimism triggers an urge to quit or pivot dramatically after a single negative event, while excessive optimism initially generates excitement before revealing a lack of tangible value or actionable insights. This imbalance results in a fundamental deficit of competence that ultimately convinces observers that the founder lacks direction.