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I read this and had a mix of emotions. First I kind of felt sorry for the guy, then I quickly realized there are much worse perdicaments to be in. I was livin
by zbruhnke 13y ago
I read this and had a mix of emotions.
First I kind of felt sorry for the guy, then I quickly realized there are much worse perdicaments to be in.
I was living in Louisiana as a college dropout who had sold one company and (fairly easily) making about 200k/year between one full time job and some side work.
In Louisiana that is good money, like REALLY good money, I could've easily lived for a very long time and saved a lot on that, my mortgage there is only about 1k month with all the utilities paid too.
But several months ago, I quit my job, stopped consulting and moved across the country to CA to work on my next startup.
after about 5 months I started to get very nervous, my accounts were seemingly dwindling and reveue still seemed a ways off for the startup.
So naturally we started looking for funding only coming to realize noone wants to fund a startup simply because they need the money.
Then I realized something far more important.
I have skills. I consistently made very good money before. I was capable of this again. I put a few feelers out and quickly got to help build out an awesome new product for a really great guy with deep connections.
Fast forward a few months and our little startup now has strong revenues, things are looking up on several fronts and that little consulting gig I took let me earn several thousand dollars, pay off bills and build a great relationship with someone who is sure to be a very successful first time entrepreneur (he's already had a successful career in finance).
All that to say if this guy was making 200k/year before chances are he has a good skill or set of skills and he should be looking to that to dig him out of this hole not to investors for funding for what sounds like a failing endeavor.
Most people aren't as fortunate as I was or as it sounds like this guy is. Many people in a similar situation to mine would not have had the skillset or network to pull of what I was able to and they would have likely had to get a regular job somewhere or move in with friends etc. When you have a skillset that allows you to generate large amounts of income your life just is not that hard.
Sorry for the rant, but someone should tell this guy to get over himself just a bit. Whether he believes it or not, he's a pretty lucky guy
- balls187 13y ago> In Louisiana that is good money, like REALLY good money 200k is really good money everywhere. But yeah, with the cost of living in LA, 200k/yr REALLY goes a long way.