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I'm curious if you've ever been driven to start a business simply you had little or no alternative choice for making a living.
The business could be any kind of legitimate enterprise big or small. Doesn't need to necessarily be software or tech related, could be something from more traditional trades or disciplines.
I haven’t done so personally yet but it’s starting to look like I might consider this route.
Several years ago, I would have leaned toward a SaaS business targeting some super niche vertical, not to make 1000x VC style rocket-ship returns of course, but as a way to bootstrap into a nice business. I get the sense most verticals with a TAM worth going after are now very competitive.
Interested to see if people see opportunities in non-tech routes.
A famous anecdote along these lines are the whatsapp founders. I haven’t done so personally yet but it’s starting to look like I might consider this route. Several years ago, I would have leaned toward a SaaS business targeting some super niche vertical, not to make 1000x VC style rocket-ship returns of course, but as a way to bootstrap into a nice business. I get the sense most verticals with a TAM worth going after…
A famous anecdote along these lines are the whatsapp founders. I haven’t done so personally yet but it’s starting to look like I might consider this route. Several years ago, I would have leaned toward a SaaS business targeting some super niche vertical, not to make 1000x VC style rocket-ship returns of course, but as a way to bootstrap into a nice business. I get the sense most verticals with a TAM worth going after…
[1] https://www.cnbc.com/2018/06/18/how-elon-musk-tried-to-get-a...
It was 2012. I was kind of 33.000 USD in debt, wife pregnant with the first baby.
Trying to interview at significant companies (Dell, HP, Atlassian, etc.) none was given me nothing.
One friend of mine who had access to the HR feedback said I was too confident and I should try to appear less skilled as the manager was kind of afraid.
The situation was so bad I had a google spreadsheet with places I sent resume, results and etc. Kinda my personal job analytics.
(checked the spreadsheet now...that was depressing)
No money, no jobs, a kid on the way and wife declared:
--- "It is very disappointing having to pay the bills for you."
Then I got one call from a person willing to do consulting, they had some problems with their billing system.
Solved the problem and watched them work thinking about how I can help them more. I saw two employees matching online payments with the billing system.
That struck me... The whole process was old and archaic and prone to errors. So I propose to them do a payment processor.
They had that idea before, and another specialist told it will cost 300K and 1 year to make it, so they are not sure about all that investment.
Well, I offered: 1. I do for you in 2 months; 2. I want X% of payments 3. If I fail, you don't pay anything; 4. Honesty
Now we are on the 3 years going strong, and I think I will expand it more. I am not rich but I can pay some bills, and my customers are pleased.
Six months ago I asked my customer: "When was the last time you had a billing or payment problem?"
And he really paused and realized that it was long ago.
Got my Cheque and sent a cake to their team. Win-WIn
Tl-Dr; Being a loser is a TEMPORARY stage keep fighting and looking for opportunities to serve and help your customers make more money.
Now I get to do a bit of everything I enjoy.
I did. It was 2012. I was kind of 33.000 USD in debt, wife pregnant with the first baby. Trying to interview at significant companies (Dell, HP, Atlassian, etc.) none was given me nothing. One friend of mine who had access to the HR feedback said I was too confident and I should try to appear less skilled as the manager was kind of afraid. The situation was so bad I had a google spreadsheet with places I sent resume,…
I just got reject from an interview even though I passed multiple technical interviews. I was more annoyed because they found people more junior to interview me (the job was to be their team lead). The third interviewer was asking such a simple question, I didn’t even understand what he was asking for 10 minutes until I realise I was over thinking it (it was a poorly formulated question that wasn’t well thought out). It was a question I didn’t expect because at my level, they shouldn’t be asking those questions. I would have expected that question for a boot camp graduate. So I already knew, their level was below par. And the interviewer felt so smart for stumping me. Needless to say, I wasn’t disappointed when they rejected me, but more relieved I dodged a bullet.
I did. It was 2012. I was kind of 33.000 USD in debt, wife pregnant with the first baby. Trying to interview at significant companies (Dell, HP, Atlassian, etc.) none was given me nothing. One friend of mine who had access to the HR feedback said I was too confident and I should try to appear less skilled as the manager was kind of afraid. The situation was so bad I had a google spreadsheet with places I sent resume,…
I totally understand you. I had this experience in one interview. HR took me to the side after the interview and told me I was too confident. I was really passionate about web dev and their questions were good. They still schedule me for the next round, I ended up lying and saying that I have taken another offer. It felt like the HR was trying to lower my self esteem so they can pay me less or something. I have no idea why else they would do this. I was very respectful throughout the interview.
I did. It was 2012. I was kind of 33.000 USD in debt, wife pregnant with the first baby. Trying to interview at significant companies (Dell, HP, Atlassian, etc.) none was given me nothing. One friend of mine who had access to the HR feedback said I was too confident and I should try to appear less skilled as the manager was kind of afraid. The situation was so bad I had a google spreadsheet with places I sent resume,…
> One friend of mine who had access to the HR feedback said I was too confident and I should try to appear less skilled as the manager was kind of afraid. I just got reject from an interview even though I passed multiple technical interviews. I was more annoyed because they found people more junior to interview me (the job was to be their team lead). The third interviewer was asking such a simple question, I didn’t e…
I got 3 interviews like that. On the last one when I openned the door and there was two guys looking at their hipchat channels talking about our interview in the middle of the interview it was clear it was a fail.
I try no to blame others so I can be more on charge of my destiny.
So, I’m currently starting a tech business, but it is just going to take a bit to get started and it may not work. So in the mean time, I’m going to work on starting a plumbing company. I live in an affluent community and I think I can get the plumbing business to $400k-$500 a year, with just myself and a van. I’m going to just hire a plumber to take calls with me until I get comfortable going on calls on my own. I apprenticed this fall with a plumber; I like the work way more than programming and got an idea of how much I could expect to make. Which is way more than I could make programming for someone.
Thinking back on it, as my PhD was finishing up, I was having trouble finding a job, which was one of the things that pushed me to start my own thing anyway.
So I guess not being able to find a job and starting my own thing is something I have done a few times now. It is way more motivating to start something when you have no other good choice.