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Why Passion Is Overrated When It Comes To Starting Companies, Why VC Is Overrated As A Financing Mechanism & Why You Should Never Sell Your Company | Podboxer Skip to content

Why Passion Is Overrated When It Comes To Starting Companies, Why VC Is Overrated As A Financing Mechanism & Why You Should Never Sell Your Company

Waseem Daher is the co founder and CEO of the bookkeeping startup Pilot. He’s a a serial entrepreneur with 15 years experience and 2 prior companies (exited) under his belt.

In this interview on The Twenty Minute VC, Waseem shares his insights on entrepreneurship.

3 lessons…

  • Passion for the thing (accounting in Waseem’s current company) is not necessary. And passion alone won’t get you through the difficult times. Better to be passionate about talking to people, understanding their problems and building something to solve it.
  • Waseem sees a lot of entrepreneurs making the mistake that they think they know the market already. They plow ahead without talking to people first or running any experiments.
  • If you’re looking for funding, don’t think of it as transactional. You’re giving up a seat on the board so think of it as a long term relationship. You need to be able to work together.


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