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My experience is that to be a successful founder you have to be "on call" pretty much 24/7 as you never know when either a major opportunity or a major crisis w
by nugget 9y ago
My experience is that to be a successful founder you have to be "on call" pretty much 24/7 as you never know when either a major opportunity or a major crisis will arise. People handle situations and stress differently, so this may be more of a burden for some than others.
- ghostbrainalpha 9y agoThis was my experience. I had a relatively successful period as Startup founder, and was able to put away some retirement money. Then instead of doing another startup, I took a less stressful job for less money, and enjoyed my family time. As a founder I never really had a day off for 5 years. Even if I was "taking a vacation", my laptop was never always in a backpack within 20 feet from me for emergencies, and my mind was always focused on the consequences of failure. For me it was living in fear, even during success. Some people are more optimistic. They don't feel stress in the same way. I think that is a KEY ingredient in being a successful founder long term.
- BatFastard 9y agoBut even 24/7 does not guarantee success. Just a leading indicator. I did that for 9 years, and then economy tanked along with my chances at success for that company.