4 ms·

How did your wife and kids take it when you lost your house and you all had in move in with your mother?

• lsc 9y ago
  you can start a family at 19, and you can start a family at 35. Either way, yes, it's going to change your entrepreneurial options. I personally see the question of how you have a business with children to be largely orthogonal to the question of what age it is optimal to have a business. Also, if I owned my home and had a million in stock (I'm 37 and got my first coding gig at 17, so a million in the bank is totally reasonable if I was frugal and invested in low-cost broad index funds, and there have been several points during that time where a bay-area abode could be had for very reasonable money.) Then maybe, I mean if the corporation was setup correctly so that liability didn't fall through to me, then maybe I wouldn't have to move back in mom's basement when my business fails. I chose not to have children, and I don't regret that choice, but let me tell you, if I did want children? it would be a lot easier to do had I used my 20s to build up resources rather than trying to compete outside of my field of expertise, outside the fields where my innate abilities help me.