3 ms·
Deeply consider your motivations. The typical reason to want to start a business is to chase status. In fact it seems like most goals people mention are to get
by robocat 3y ago
Deeply consider your motivations. The typical reason to want to start a business is to chase status.
In fact it seems like most goals people mention are to get status.
A business has one goal: to make money. Money is a poor substitute for status. Owning a small business does not really give you much status. Number of employees does give status: which is one reason some businesses implode by employing too many people.
Unfortunately it is very difficult to identify how much of what we do is status games.
Here's a previous comment I made on that topic: https://news.ycombinator.com/item?id=29912252 https://news.ycombinator.com/item?id=29912252
Meanwhile, find a job you mostly enjoy that pays okay.
The most important signal is that you are not inspired - that is a sign that you rationally think starting a business is a good idea. It isn't: you are just buying into the false startup narrative. If you actually believed in a business, you would have started one.
Additionally the median business costs their founder too much lifetime and all their money.
> should I just blow my savings on paying a random guy to code something for me
That's a recipe for disaster: there's a lot of grifters out there (intentional or not - I don't know).
Disclaimer: successful founder with opinions but suspicious that the opinions above are unuseful.
90% of startups fail and shut down: https://startupgenome.com/article/the-state-of-the-global-startup-economy https://startupgenome.com/article/the-state-of-the-global-st... I assume small businesses have similar or worse stats.
- Mauro333 3y agoThank you for your reply Robocat! My motivation is not financial but rather adding something historic and positive to the world. My time on this earth is limited. A company can outlive it's founders. I could care less about status or wealth, I got a good degree and will probably find a stable job in a law office in a few years - for what? I enjoy the thrill of taking chances and learning from mistakes. What is a full bank account worth if you won't use it? Some people my age buy cars etc but again - that seems very bland. I live by the motto of collecting things that can't be taken away from me - that is what I have in my brain. Take all the wealth away from Elon or Jeff Bezos and they'd be billionaires in no time again. How? Experience. 100x6 months = 50 years and then you die. Life is short. Why should I spend the little time I have working on another mans dream? We have a danish saying that "Things comes together in a higher unity" aka life is like a huge puzzle game. TLDR: Don't be a career. Life is not evolution. You don’t go step 1 -> 2 -> 3 and so on. You can go from step 3-> step 67. Ask the girl. Shoot the shot. Launch the business. Run the ad. Quit the job. Take the risk.