They stand for what they believe in, even though it can play against them.
Look at what Nike did supporting Kaepernick potentially losing in sales and brand loyalty.
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In the 5th year of his professional career, Kaepernick began kneeling on the sideline at games during the national anthem to protest social injustice and police brutality.
First, he didn't get any attention. Then more player picked it up, and THAT guy said:
14 things I will do differently in my next startup.
We are in a great place now. Awesome team, all the numbers are going UP!
But during 5 years I've made a bunch of mistakes that delayed our growth.
Go ahead, learn from them πππ
1. Hunger
We started sales early, got initial traction that allowed me to hire a team. But then I got comfortable, distracted by unimportant things. We stagnated for over a year.
You should always be hungry for growth!
2. Funding
At year 2 we were not in a good place and took funding: $60k for 17% equity.
Horrible move. I could close a few clients or do consulting work and get the same cash.
Giving up equity in the early stages is very expensive. Try to delay it for as long as you can.