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> how to avoid getting into scrapes like this in the future? It seems that your intention was to use your investment as motivation to further your career, i.e.
by duopixel 8y ago
> how to avoid getting into scrapes like this in the future?
It seems that your intention was to use your investment as motivation to further your career, i.e. "Once I own a company I will get awesome stuff done".
I recognize the line of thinking (from being there!). It is not "hopelessly naive" it's more of a bias, the other side of the sunken costs fallacy. "If I invest in this I will find the motivation to perform". Same principle for paying an annual lump sum to the gym and then never attending.
Though it seems the lesson is "never use fear of loss as a motivator", fear of loss is simply a variable in a complex formula. You can't rely entirely on it to get things done.
- ownerthrowaway 8y agoI think you've hit the nail on the head here. I definitely think part of me was thinking "I can't get motivated but once I start the company all of it will fall into place."
- masonicb00m 8y agoIt can be helpful to find yourself a business partner. They provide a feeling of obligation and camaraderie that helps you to get going and keep going through the tough parts. がんばってね!