4 ms·
>how do I continue my current standard of living for my family while working on a startup? You can't You either have to save up for a year's worth of expenses
by yashg 4y ago
>how do I continue my current standard of living for my family while working on a startup?
You can't
You either have to save up for a year's worth of expenses and also downgrade the lifestyle and make sacrifices or convince a VC and raise a decent seed round but that too will come with conditions and you will probably not be able to pay yourself your market salary.
Entrepreneurship is hard. Very hard. Survivorship bias ensures that we only hear about successful ones where everything worked out. But as you already know, that happens in a tiny number of cases and that too after a lot of hardships.
Starting up something as a side hustle is the only viable option. You will have to put in after work hours and sacrifice some family time to fulfill your dream if you don't want to upset your marriage and lifestyle.