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Ask HN: I don't want to be a founder anymore

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Re: Ask HN: I don't want to be a founder anymore

#51

Earlier quoted context omitted.

I'd say it's not fu money. We're talking total deal size of I do think I'd regret not following through, you're right. The question is whether that regret is worse than multiple years of hating work. I guess I'm probably the only one who can answer that. I just took a week off and went out of town. Although everyone did manage to leave me alone while I was gone, people tried to do my job because they didn't want to k…

That's $13 million each. If that doesn't count as FU money I don't know what does. Even what you'll get upfront might already be in the FU money bracket. Calculating that threshold actually is quite easy (as per Mr. Money Mustache): If you have more than 12 times your annual expenses in assets you never have to work again.

12 times annual expenses in assets is almost certainly too little. The usual number is 25 times (assuming a 4% safe withdrawal rate).

Re: Ask HN: I don't want to be a founder anymore

#52

Take a vacation, preferably to a beach. Use it to learn what processes at your company are dependent on you. Then when you get back, start documenting and delegating every process until you are no longer a critical dependency. Then take another, longer vacation. Sounds like you need one.

+1 for vacations. I used to vacation only when I burned out. Now I plan in advance several months ahead. It helps me pace myself so I don't burn myself out before the vacation shows up. Personally I try to schedule two week vacations, leaving the work laptop behind when I go. Letting people know you'll be traveling, so they can plan around it, also helps decouple you from the work. If everything catches on fire when you are gone, they will realize it's necessary to reduce their reliance on you.

Re: Ask HN: I don't want to be a founder anymore

#53

The problem you are experiencing is a result of the lack of systems and processes in your business. You need to make an important hire- you are missing a systematic. See, creatives like you are awesome at solving problems but hate to have structure and order because it doesn't allow you 100% freedom. But, as a result, you just have 100% creativity/problem solving- which is draining. The worst thing is, you can't even…

Reminds me of the e myth

Re: Ask HN: I don't want to be a founder anymore

#56
If you can find a psych/counselor that works for you, that's almost certainly a good idea - but when I hit a point of stress/burnout where I probably should have done that, I was also at the point where I was completely unable to actually make the call to set it up.

After six months of waffling back and forth stressing myself out even worse over the fact that I wasn't doing the obvious thing about it, I concluded that if I was going to manage to do it I'd've done it by now, looked for other options, and suddenly realised that Tianeptine is (a) entirely unscheduled and hence not actively illegal to posess in both the UK and US (b) easily mail orderable from Hong Kong.

Also Tianeptine is acute so if it works for you, you'll be able to tell by a few days in (three in my case). I've been deeply fond of it and far more productive since.

Note to anybody about to reply telling me that's a terrible idea for any of the obvious reasons it could be a terrible idea: Yes, I know, but I was incapable of doing any of the things I should have done to fix it and I had a company and team I was letting down and this worked for me. I am now slowly getting back to a point where I don't feel like I'm letting everybody down, and that's more important to me than pretty much anything else.

Re: Ask HN: I don't want to be a founder anymore

#58
Jason lemkin has a great post on this that might be helpful: https://www.saastr.com/is-burnout-especially-intensepervasiv...

and https://www.saastr.com/the-holidays-part-1-im-tired-of-runni...

Essentially it is about hiring managers to share the burden with you. It doesn't have to be expensive either cause you can find hungry guys with lots of brains that are fast learners and hard workers to take over the worst parts of your role relatively quickly.

I would recommend trying to remove yourself from the critical path and release control as different people make different mistakes.

Acquisitions sure look attractive at this point but they are outside your zone of control so they could wind up being major disappointments too.

Re: Ask HN: I don't want to be a founder anymore

#60

Take a vacation, preferably to a beach. Use it to learn what processes at your company are dependent on you. Then when you get back, start documenting and delegating every process until you are no longer a critical dependency. Then take another, longer vacation. Sounds like you need one.

This is very solid advice
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