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There are some really good points in his article. It doesn't deter me from continuing to work on my startup but a lot of it hit pretty close to home. I had a h
by Readmore 19y ago
There are some really good points in his article. It doesn't deter me from continuing to work on my startup but a lot of it hit pretty close to home.
I had a high paying job, which I hated, and quit to do a startup last year. The problem was that while I was motivated and working night and day, the other 'founders' weren't nearly as devoted to it. As I went months and months without a paycheck, living off credit cards mostly, my new wife and I got further and further into debt (I quit my job 2 weeks before our wedding, that went over REAL well with the in-laws). After about 6 months I realized I was working all hours of the day for no money on a project that had a single digit chance of working out. At that point even if we did get the funding we were looking for I was still going to be paying off my credit card debt for years just to get back to the place I was before I started. So what could I do?
I got a real job, high paying enough that money isn't a problem anymore. We are still paying on the credit cards but we should have them taken care of in about 6 more months. The failure didn't stop me from working on startups though, I've seen what I'm capable of when I work for myself and after that I can't stand to spend my days working for someone else. In fact I'm already deep into a new startup, something that I'll hopefully be able to share with all of you in the next month or so.
Hopefully this time will turn out better than the last.