---
date: 2019-03-19
modified_at: 2019-03-19
tags: [entrepreneurship]
description: Why working at two startups simultaneously reduces risk, enables cross-learning, creates competition for better compensation, and increases chances of success.
---
# Why I think working at two startups is better than one

One StartupTwo StartupsFocusApplying things in both. Learning a valuable
lesson in one startup can help you
prevent mistakes in the other.Commitment EnforcedCommitment Still PossibleThe
one thing (book)One thing makes you blind, it's better to
see multiple viewpoints because
you work in different environmentsTricky. Startups have risk.
You can loose it all at onceDynamic. Lean. Possibilities.Your employee has you.
No authentic compensation requiredWorking at two startups at once
stimulates competition between your employees.
You can reward your best startup with 
working there more and harder.
This automatically makes your salary
closer to what you are worth80% failure. Success after 5 times on average64%
Failure. Success after <3 times on averageMost people do it.Elon Musk does it
These are all good reasons to go for two startups. So I do.