Starting a startup is like going to Vegas: you absolutely need to give yourself a limit before hand of how much you're willing to lose, stick to it, and go in e

Starting a startup is like going to Vegas: you absolutely need to give yourself a limit before hand of how much you're willing to lose, stick to it, and go in expecting to lose it. If you have a family to feed and a mortgage to pay, you should not work at a startup. One of the reasons why we've had this latest recessions is because consumers have been financially irresponsable, taking out mortgages they can't afford, relying 100% on their salary for income and having no backup plan. If I were to lose my job tomorrow, I would be fine for the most part. I'd probably have to move out and get a cheaper apartment, but I'd be fine. I'm not shackled to a mortgage and have no debt of any kind. I'm working towards success, but I'm ready for whatever life decides to throw my way.