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MS

Michael Seibel

09/10/22

@ Y Combinator

You need to be both optimistic and pessimistic about your startup; being too far on either extreme will lead to failure.

Video

YC

The Two Mindsets That Can KILL Your Startup

@ Y Combinator

The Two Mindsets That Can KILL Your Startup

09/10/22

Related Takeaways

YC

Y Combinator Cast

06/21/24

@ Y Combinator

It's crucial for founders to balance optimism with realism, especially in hype industries, to ensure their business can withstand various economic climates.

JB

Jeff Bezos

12/15/23

@ Lex Fridman

Every startup company is unlikely to work, and it's helpful to be in reality about that, but that doesn't mean you can't be optimistic.

YC

Y Combinator Cast

09/10/22

@ Y Combinator

To succeed, founders should be optimistic but remain grounded in reality, avoiding magical thinking that detaches them from the actual challenges and dynamics of their business environment.

PT

Peter Thiel

04/17/25

@ Joe Lonsdale

Both extreme optimism and extreme pessimism converge on laziness, leading to inaction. Moderate optimism is the correct approach to take.

MS

Michael Seibel

09/10/22

@ Y Combinator

If you're too pessimistic, you might give up too early or expect things to be easier than they are, which can drain the energy of those around you.

PT

Peter Thiel

04/02/15

@ Mercatus Center

Mild optimism or mild pessimism is a healthier attitude than extreme versions of either, as they both lead to inaction.

CW

Chris Williamson Cast

04/01/25

@ Chris Williamson

It's important to maintain a general optimism about the future while being skeptical of specific opportunities, as this balance can help navigate the uncertainties of life.

SA

Sam Altman

09/28/16

@ Y Combinator

Having strong opinions about the future is valuable, but it's also important to remain flexible in your approach. Successful entrepreneurs balance conviction with adaptability in their strategies.

CW

Chris Williamson Cast

04/01/25

@ Chris Williamson

Avoid partnering with cynics and pessimists, as their negativity can influence your outlook and hinder your progress.