5 ms·
In 2009 I left my well-paying job at Google to start a startup. I wasn't terribly unhappy at Google - I just didn't want to spend my whole life there, so it see
by lacker 9y ago
In 2009 I left my well-paying job at Google to start a startup. I wasn't terribly unhappy at Google - I just didn't want to spend my whole life there, so it seemed like a good time to do something else. Over the next year and a half or so, that startup fizzled.
Psychologically that point of failure felt pretty bad. But it seemed pretty clear that I would be able to come back on the job market in a fine situation. Employers seemed to consider a year working on a startup as either a neutral or a positive item on my resume. And I had certainly learned a lot more about many different things than I would have in a few more years at Google.
Anyway, I felt like I had more fun working at the startup, and since my fizzled startup was actually able to pay me a bit I still had decent savings, so I did another startup. Investors thought the experience at the previous failed startup was a positive, and the experience from the first failed one really seemed like it was helpful to me too.
For you, if you have a high paying job at a FANG company and had prestigious positions in other companies then you are a pretty competent person. You are going to be able to find a job that pays you well enough to live a good lifestyle, even if you take some time on a failed venture, and even if you move to a different part of the country. You don't need to be afraid of a negative outcome.
You only have one life to live. Are you going to spend the rest of it in a well-paying job that you hate? Knowing that it might have worked out better if you had been willing to take a little risk?
TLDR Do it!
- justonepost 9y agoWrong advice. First live the life before doing it. Going to move somewhere? Rent first. Going to live a life with a lower living standard? Start living on a budget first. So when you are forced to do this, you and your family will be able to accept and adapt properly.
- tsetse 9y agoGood news on the living standard - I grew up in relative poverty, so that won't be as much of a problem. I still don't spend a lot these days...
- DubiousPusher 9y agoOh, I get you now. I grew up super poor and the thought of falling back into it keeps me up at night to this day. That's what's making this decision hard.
- kamaal 9y ago>>I grew up in relative poverty Not sure what you are trying to say here. Do you want to go back to those days?
- tsetse 9y agoI'm okay with that, yes.
- herbst 9y agoI agree with the buying/renting thing (I don't see a reason to buy except as investment anyway) However it is very easy to simply start from a lower standard and increase as you feel you need to than to start at the top and decrease to a lower standard gradually.
- shoulderfake 9y agoOverly cautious approach. The guy has a very nice cushion as it is. He doesn't need to live off a budget before switching to a startup. And obv he would rent something in a new place before straight up buying a place in a town he's not familiar with.