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I haven’t tried anything unfortunately. I understand that the money piece might seem irrational, but yeah, I will never spend more than a few thousands of my o

I haven’t tried anything unfortunately. I understand that the money piece might seem irrational, but yeah, I will never spend more than a few thousands of my own money (borrowed or not) on a risky venture. My portfolio is my lifeline, it makes me financially independent from corporate servitude, so I am going to treat it with the uttermost respect, which for me it means diversified index funds, and never run into the risk of squandering it. I do not see spending my time building tech as time that I cannot make back, because it would be a perfectly fulfilling use of my time. Thanks.

edmundsauto 3y ago
Hopefully this comes across as tough love, rather than meanness... but you're just going to have to take some risks. If you can't, you won't succeed. And if you think building a business will mostly be fulfilling because it's developing tech, you need to realize you are suffering from the Coffee Shop Fallacy. It's going to be even more of a grind than your current position - just different, answering angry customer support, finding ways people try to scam you, dealing with ad accounts and SEO and taxes and payroll. If you are unable or unwilling to make a mindset shift, stick with your day job because you are just seeing the greener side of the pasture. Now, if you can see the opportunity and want to take the risk - then go for it. But you can't be as risk-afraid as you sound in these messages.
gizmo 3y ago
If your total comp is 600k and spending a few thousand gives you cold sweat maybe your barriers are just psychological. Don’t be so afraid to take risks that you forget to live at all.
equilibrium 3y ago
- I am not afraid of taking risks I think you might want to really reflect on this. From what I've gathered from your other responses, are not willing to take a risk - be it a risk in starting to execute an idea and risk failing or a financial risk. Slightly off-topic, but do you consider yourself a perfectionist?
- deanmoriarty 3y ago
  > are not willing to take a risk - be it a risk in starting to execute an idea and risk failing I am totally willing to take that specific risk, I just need an idea to start tinkering with, that was the topic of the thread. > or a financial risk. That's not a risk in my book, spending your own money that you allocated for retirement and financial independence towards something else is a fool's errand. A couple of examples of random career-related risks I took in life: - Immigrated by myself to the US in my early 20s, with no money or family to support me, despite having a promised stable government job in my home country (with pension, etc). A lot of people in my home country told me they would have never taken that risk. Still to this day, more than a decade later, they tell me they envy the courage of that rural boy who took of for the USA. - Left highly paid 6-figure jobs, multiple times, to join early stages startups (seed-level early), making peanuts every time. Virtually all my coworkers at the time said how crazy and risky the moves were. > but do you consider yourself a perfectionist? Not at all. One of my strengths is actually that I tend to be very "lazy", meaning I do the minimum amount of work to ship something that satisfies the business requirement. You won't find me going above and beyond too many times. I have no problem leaving around a lot of tech debt if it's for a good reason.

edmundsauto 3y ago

Hopefully this comes across as tough love, rather than meanness... but you're just going to have to take some risks. If you can't, you won't succeed. And if you think building a business will mostly be fulfilling because it's developing tech, you need to realize you are suffering from the Coffee Shop Fallacy. It's going to be even more of a grind than your current position - just different, answering angry customer support, finding ways people try to scam you, dealing with ad accounts and SEO and taxes and payroll. If you are unable or unwilling to make a mindset shift, stick with your day job because you are just seeing the greener side of the pasture. Now, if you can see the opportunity and want to take the risk - then go for it. But you can't be as risk-afraid as you sound in these messages.

gizmo 3y ago

If your total comp is 600k and spending a few thousand gives you cold sweat maybe your barriers are just psychological. Don’t be so afraid to take risks that you forget to live at all.

equilibrium 3y ago

- I am not afraid of taking risks I think you might want to really reflect on this. From what I've gathered from your other responses, are not willing to take a risk - be it a risk in starting to execute an idea and risk failing or a financial risk. Slightly off-topic, but do you consider yourself a perfectionist?

deanmoriarty 3y ago
> are not willing to take a risk - be it a risk in starting to execute an idea and risk failing I am totally willing to take that specific risk, I just need an idea to start tinkering with, that was the topic of the thread. > or a financial risk. That's not a risk in my book, spending your own money that you allocated for retirement and financial independence towards something else is a fool's errand. A couple of examples of random career-related risks I took in life: - Immigrated by myself to the US in my early 20s, with no money or family to support me, despite having a promised stable government job in my home country (with pension, etc). A lot of people in my home country told me they would have never taken that risk. Still to this day, more than a decade later, they tell me they envy the courage of that rural boy who took of for the USA. - Left highly paid 6-figure jobs, multiple times, to join early stages startups (seed-level early), making peanuts every time. Virtually all my coworkers at the time said how crazy and risky the moves were. > but do you consider yourself a perfectionist? Not at all. One of my strengths is actually that I tend to be very "lazy", meaning I do the minimum amount of work to ship something that satisfies the business requirement. You won't find me going above and beyond too many times. I have no problem leaving around a lot of tech debt if it's for a good reason.