Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I know for a fact that I want to run my own business and attain financial freedom but I can't risk another startup at this moment because: 1. Startups are tough and I am afraid 2. I have a few financial responsibilities towards my family which I have to take care of.

I just turned 30 two weeks ago. I am married, have three children and a mortgage. I am leaving the government in December to build my start-up (visidraft.com) into a successful business.

The reality is, beyond a certain point your responsibilities will not shrink. The key questions once past that point are: Is your family on board; and is the risk probably worth the payoff? If you can answer yes to the first and maybe/yes to the second then your mind should be eased.

Beyond that though, it sounds like you need to figure out where you want to be and then set a path for how to get there. The fact that you had a positive in your favor liquidation event is massive and you should not spit at that. Maybe your path requires you slogging at a regular job for a little while, building up a war-chest to bootstrap the next project.

Bottom line is: you need to find a place that you want to be in the future and then determine what your vectors are to get there.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: