In a conversation with a friend of mine we discussed the importance of ambition and passion in our lives. As a current or aspiring entrepreneur you are probably in frequent contact with people that rely on one of these qualities. But in your quest for “the next big thing” did you ever pause to think which is superior?

Give up now. Your idea is terrible. You're not remotely qualified to lead a startup.  No one would fund that.  Your mom doesn't even like that idea.  You're wasting your time. Isn't someone else already doing that?  

Still with me? Good.  If that's enough to make you have second thoughts about your startup, then you may not be cut out for working on a startup. It's not easy and it takes a certain kind of person.  In the end though, there are some very good reasons to quit your startup right away...