4 ms·

As I said....it's not always as black and white as that. Perhaps you DID set aside the $50K + $10K separately but then something comes up that you didn't forsee

As I said....it's not always as black and white as that. Perhaps you DID set aside the $50K + $10K separately but then something comes up that you didn't forsee - which actually happens a lot (like one of your employees gets sick and needs surgery, their health insurance is blown through very quickly - or perhaps you didn't have health insurance for them - or one of a million other eventualities that happens when running your own business). It's easy to judge people when you have never been through it. As much as you are responsible, the very art of starting a company from scratch means you have to deal with things that come up that were unexpected - on a regular basis. i.e. you can't plan for EVERY. SINGLE. Eventuality. It's literally impossible. Yes, you may have gone through it and never had that issue - but not everybody has the same experience that you did. Don't assume because they don't have your exact experience that means they are irresponsible.

mgkimsal 14y ago
Someone getting sick might put you back on your schedule, but shouldn't be coming out of your own pocket. To the extent that delays in the project might mean delays in funding, I can accept that, but someone who can't judge expenditures out 4-6 weeks shouldn't be making financial commitments for 4-6 weeks in the future. I say this as someone who ran a business, lost a lot of money, had checks bouncing, and all that. It was not pretty, but I didn't for one minute try to pin the blame on anyone but myself - I made poor financial decisions. I was irresponsible. It didn't seem like it at the time, but it was.
ryguytilidie 14y ago
I am absolutely floored at your rationale here. Every single thing you describe is completely irresponsible. Didn't buy health insurance for your employees? You're not irresponsible, everyone else just "doesn't understand. I'm not asking anyone to plan for every eventuality, but if you can't afford to pay someone, and still hire them anyway, I frankly don't think you deserve to run a business ever again. I feel like these founders should be named and shamed every single time this happens.

mgkimsal 14y ago

Someone getting sick might put you back on your schedule, but shouldn't be coming out of your own pocket. To the extent that delays in the project might mean delays in funding, I can accept that, but someone who can't judge expenditures out 4-6 weeks shouldn't be making financial commitments for 4-6 weeks in the future. I say this as someone who ran a business, lost a lot of money, had checks bouncing, and all that. It was not pretty, but I didn't for one minute try to pin the blame on anyone but myself - I made poor financial decisions. I was irresponsible. It didn't seem like it at the time, but it was.

ryguytilidie 14y ago

I am absolutely floored at your rationale here. Every single thing you describe is completely irresponsible. Didn't buy health insurance for your employees? You're not irresponsible, everyone else just "doesn't understand. I'm not asking anyone to plan for every eventuality, but if you can't afford to pay someone, and still hire them anyway, I frankly don't think you deserve to run a business ever again. I feel like these founders should be named and shamed every single time this happens.