4 ms·
Started a business doing 1M annual recurring. I have plenty of reasons why it’s more advantageous. • When times get tough, cofounders playing chicken to see wh
by anomaloustho 2y ago
Started a business doing 1M annual recurring. I have plenty of reasons why it’s more advantageous.
• When times get tough, cofounders playing chicken to see who can take the lowest salary
• Giving yourself the lowest pay to prevent income loss of your employees
• Always having to hunt for sales to maintain your survival (which is typically nebulous and subject to when they feel like signing)
• HR and always trying to figure out how to not get sued
• Losing big customers or big customers going out of business
For any one of those bullet points there’s a coulda woulda shoulda, but again, just taking your 400k from a well established company that isn’t fighting for its survival every day is not inherently inferior to the heroics and cortisol required to operate a business.
- havefunbesafe 2y agoJust went through a lot of these, and can confidently say: way way more dangerous to own a company than be a part of one. Significantly less fun, however. I believe it comes down to personality type.