A lot of people are commenting on the feasibility of clearing all these hurdles, but I’ve got a different reason for steering clear. (It’s the same reason I avoid jobs on Capitol Hill, though I live in DC). Startups require a heckuva lot of time at their inception. The thing I’m buying instead is time with my friends.
I’m in my 20s, I make enough to have a reasonable standard of life and to save/give, but not enough to retire dramatically early, by any means. My work doesn’t follow me home after work, it’s not the main focus of my attention, and that’s just the way I like it.
I’ll also add that investing a lot of your 20s into a really time-consuming job (startups, i-banking, Capitol Hill) may really slow down your chance to date and discern marriage with a partner. Again, not a tradeoff I wanted to make.
I came to similar conclusions. Seriously attempting a startup would be very time-consuming and stressful. The original poster doesn’t understand why this is, because he miscalculates the execution, production, marketing, and team risks involved in his project. But unless he has a serious financial safety net, he will soon start burning through the limited resources of his money, time, and energy, which could hurt his social development.
Personally, working at an early-stage startup has a much higher expected value for me than trying to run my own thing.
A lot of people are commenting on the feasibility of clearing all these hurdles, but I’ve got a different reason for steering clear. (It’s the same reason I avoid jobs on Capitol Hill, though I live in DC). Startups require a heckuva lot of time at their inception. The thing I’m buying instead is time with my friends.
I’m in my 20s, I make enough to have a reasonable standard of life and to save/give, but not enough to retire dramatically early, by any means. My work doesn’t follow me home after work, it’s not the main focus of my attention, and that’s just the way I like it.
I’ll also add that investing a lot of your 20s into a really time-consuming job (startups, i-banking, Capitol Hill) may really slow down your chance to date and discern marriage with a partner. Again, not a tradeoff I wanted to make.
I came to similar conclusions. Seriously attempting a startup would be very time-consuming and stressful. The original poster doesn’t understand why this is, because he miscalculates the execution, production, marketing, and team risks involved in his project. But unless he has a serious financial safety net, he will soon start burning through the limited resources of his money, time, and energy, which could hurt his social development.
Personally, working at an early-stage startup has a much higher expected value for me than trying to run my own thing.