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I thought so too. Ego plays a huge part in this when it comes to business. Working less can help you with working more meaningfully in a small business in my ow
by spaginal 9y ago
I thought so too. Ego plays a huge part in this when it comes to business. Working less can help you with working more meaningfully in a small business in my own personal experience. For others it may not.
The thing that helped me with my small business, is the age old wisdom, the less I spent, the less I had to earn for the business and the more I could keep for myself. Instead of burning money on things that didn't help the business, or provided very small benefit financially but added more hours to grind out, I killed those things off and buried them.
Changed my life with owning a small business for myself. It went from spending money like it was going out of style to gain a few more on top, working insane hours everyday, literally almost killing myself with neglect to my health and sleep, to enjoyment again and restoring my health.
Frankly, some businesses and ideas won't scale, no matter how hard you try, and they won't exit for millions or billions at an IPO, but it doesn't make them failures if they give you the ability to provide for your home and find time to do other things that might down the road.
Just my two cents. I've been in your shoes as have most here. Starting a business is one of the most insane experiences I think anyone can go through.
- abalashov 9y agoFrankly, some businesses and ideas won't scale, no matter how hard you try, and they won't exit for millions or billions at an IPO, but it doesn't make them failures if they give you the ability to provide for your home and find time to do other things that might down the road. Oh, I agree with that. My business aspirations aren't much higher. But sometimes even getting to that point is a challenge. As you say, high personal or business expenses can be a major reason for that.