4 ms·
I am in a pretty similar situation to you: founder, but no big FU money exit. Debt + stress slowly killing me. Wondering if I can make it, how embarrassing to g
by clay_the_ripper 3y ago
I am in a pretty similar situation to you: founder, but no big FU money exit. Debt + stress slowly killing me. Wondering if I can make it, how embarrassing to go back to getting a job, etc. Know that if i can stick it out, there's a few mill.
Well, I can only share what I did, which is call up a couple of friends of mine who I knew needed my skillset and did a couple consulting contracts for them, which then led to taking a full time position.
Do what you need to do to take care of your mental health and forget the rest.
Taking on side work doesn't necessarily spell the end of your business, but one thing is for sure (and this I also had to follow for myself): no more putting the business finances ahead of your own.
I had to get my business to a place where it wasn't losing money so it could continue without my everyday involvement. If you can't do that - then scrap it, take a job with a steady paycheck for a couple years, pay off your debt and, if it still sounds appealing, you can always start another company.
It's tough. Best of luck to you!