...going back to school to study computer science (if my start-up succeeds before then).
That’s amusing. Usually I would say the value of the founder being present is much higher for a successful company than one that has failed. I would actually expect my freedom to pursue other avenues diminish as my success in my current avenue grows.
Do you mean that your start-up, if successful, will pretty much run itself? Or that if it hasn’t succeeded /yet/, then you will feel obligated to stay and keep working on it?
Schooling (for me) is as much consumption as investment. I’m merely saying that if my income significantly increases, then I will engage in more consumption (getting a degree in computer science, going on a pilgrimage in Europe, etc...). Is this really so strange?
A little. As your income increases, I expect your consumption to become more expensive in monetary terms, but as your business grows I expect the value of your time to increase and for your consumption patterns to become less expensive in terms of time. College is very expensive in terms of time.
I’m not saying this is a bad choice, but it is one that surprises me. I’m still interested in the answers to my questions. Do you intend to sell your start-up, have it run itself, or abandon it? It seems like those options cover the gamut (I might consider requiring < 40 hours a week of your time to be “running itself”; if you’re quite dedicated, you could probably fit being a full-time student in even with the start-up taking 40+ hours of your time, making that an alternative option).
A little. As your income increases, I expect your consumption to become more expensive in monetary terms, but as your business grows I expect the value of your time to increase and for your consumption patterns to become less expensive in terms of time. College is very expensive in terms of time.
Ah, I think I see the source of your confusion. If my start-up succeeds, then I plan to increase the time I spend doing it and schooling, since I currently work a full-time job and work on my start-up part-time.
The relevant options are full-time work/part-time entrepreneur or part-time school/full-time entrepreneur.
Indeed, I misinterpreted you in multiple ways. My model went something like “Jayson_Virissimo is currently working 60-80 hours a week on his start-up. Once it exceeds ramen-profitability, he intends to scale back his efforts to become a full-time student.” How very foolish of me!
That’s amusing. Usually I would say the value of the founder being present is much higher for a successful company than one that has failed. I would actually expect my freedom to pursue other avenues diminish as my success in my current avenue grows.
Do you mean that your start-up, if successful, will pretty much run itself? Or that if it hasn’t succeeded /yet/, then you will feel obligated to stay and keep working on it?
Schooling (for me) is as much consumption as investment. I’m merely saying that if my income significantly increases, then I will engage in more consumption (getting a degree in computer science, going on a pilgrimage in Europe, etc...). Is this really so strange?
A little. As your income increases, I expect your consumption to become more expensive in monetary terms, but as your business grows I expect the value of your time to increase and for your consumption patterns to become less expensive in terms of time. College is very expensive in terms of time.
I’m not saying this is a bad choice, but it is one that surprises me. I’m still interested in the answers to my questions. Do you intend to sell your start-up, have it run itself, or abandon it? It seems like those options cover the gamut (I might consider requiring < 40 hours a week of your time to be “running itself”; if you’re quite dedicated, you could probably fit being a full-time student in even with the start-up taking 40+ hours of your time, making that an alternative option).
Ah, I think I see the source of your confusion. If my start-up succeeds, then I plan to increase the time I spend doing it and schooling, since I currently work a full-time job and work on my start-up part-time.
The relevant options are full-time work/part-time entrepreneur or part-time school/full-time entrepreneur.
Indeed, I misinterpreted you in multiple ways. My model went something like “Jayson_Virissimo is currently working 60-80 hours a week on his start-up. Once it exceeds ramen-profitability, he intends to scale back his efforts to become a full-time student.” How very foolish of me!
No, but context and wording is sometimes everything. I assume that datadataeverywhere has imported some HN style startup discussion context here.