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> At this point in my tech career, I could start a company, but how am I going to support myself while that company is getting off the ground? You're a develop
by csallen 7y ago
> At this point in my tech career, I could start a company, but how am I going to support myself while that company is getting off the ground?
You're a developer working at Bay Area tech companies? Move somewhere cheaper (or don't!) and take contract jobs. Set your own schedule, work 15 or 20 hours a week, and you'll be able to afford rent, even in expensive SF. Spend your free time starting your company.
Alternatively, save up your money and take a year or two off.
Source: I've successfully taken both approaches.
- iamleppert 7y agoIt’s not the point, the point is risk and opportunity cost. In order to “save up money” like you said means I need to make a lot of sacrifices in the here and now for a future risk. People with money don’t have to sacrifice. If the business fails, I’ll be out all that money and time that I can never get back. People with money may just have to trade in their Tesla for a Range Rover.
- csallen 7y agoOf course entrepreneurship requires risk-taking and sacrifices. I don't think anyone is surprised or upset by that. In fact, it'd be bizarre if there were any alternative to working full-time that we couldn't say the same about. It's not so different than, say, going back to college. But the fact is that many millions of average people can afford to make these sacrifices and take these risks. Your initial comment heavily implied that this is only something the rich can afford to do.