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Post YC Depression

bmaho.com

11–20 of 163 posts

Re: Post YC Depression

#11
I admire this post as an exception to the usual cheerful failure porn. Failing sucks.

But-I-learned-something is the very least you can achieve without being in a coma.

The time is lost.

Your waning bank account measures your (and maybe your families) prospects in an undeniably meaningful way.

The silver lining is...there isn’t one. The loss of time, energy, and money is something to grieve for. Every day is a reminder that it all could have been better spent.

When jumping into a startup, the question “why not” has very real and consequential answers. Beware and take this shit seriously.

Re: Post YC Depression

#12

Gary vee talks like he does something amazing while what he does can really be done by a good cold caller. I don't see what he has done to earn the recognition he has. I agree with the author. Selling a $90 poster that basically is the worst advice you can give to an entrepreneur.

> Gary vee talks like he does something amazing while what he does can really be done by a good cold caller. I don't see what he has done to earn the recognition he has. Gary Vee's main resume star is that he has become successful and well known. He has become more of a celebrity than an oracle, and many of his side-companies have not done well. Still, his main points that the internet has changed the way of doing bu…

He is a PR consultant, what would you expect him to sell? PR conultant's way of doing things: Spend the budget. If project was a win, claim own success. If the project was a failure, blame a business, never show results.

Re: Post YC Depression

#13
post #6

Great article. Working on my own startup ( https://encore.dev ) I also feel the urge to measure my progress in terms of output, not outcomes. I have to constantly remind myself that what matters is the outcome. Focus on producing a concrete, visible artifact every day and use that as your measure of progress instead. And make sure to stay sane; startups are not a balanced lifestyle but that just means we need to push…

This is actually very good advice. Making small concrete steps is great way to avoid depression. And stay away from entrepreneur porn.

Re: Post YC Depression

#14

Gary vee talks like he does something amazing while what he does can really be done by a good cold caller. I don't see what he has done to earn the recognition he has. I agree with the author. Selling a $90 poster that basically is the worst advice you can give to an entrepreneur.

I think the advice that the whole reason to be an entrepreneur is to become wealthy as opposed to having some sort of drive or care about your product or service is totally sound. i mean who doesn't want to be super rich? but i guess it's also stupid because if all you care about is being rich there are plenty of grinds you can do to get there. But i guess you have to be prestigious.

also caviar comes in a tube and people put it on crackers. i would prefer to eat other stuff.

Re: Post YC Depression

#15
This was a good article, but I want to briefly call out that `6X more likely to suffer from ADHD` is not a useful stat when trying to argue that being a founder causes health issues. ADHD is present from birth and cannot develop as the result of trauma.

It's still an interesting statistic, but for a different reason. People with ADHD are more likely to become founders, as they're more driven by passion, challenge, and novelty. Meanwhile, they're less driven by the security and consistency offered by traditional workplaces.

Re: Post YC Depression

#16
Glad the writer has written openly about this, and I hope he continues to get better and find more balance in his life.

Businesses are tough endeavours, and those who truly do it honestly and with love for their biz and their customers can seriously run the risk of draining themselves if they're not careful.

It's also tough because there is an entire industry of "hustle porn" out there, and the world is moving so fast it is easy to not feel like you're getting left behind when your business isn't moving forward the same as others.

VCs (like YC) and others are also in a numbers game. While I'm sure they're not planning for burnout and depression in their founders, their model practically requires whoever drinks from the cup to push until they either succeed or fail. A binary outcome is required, middling along is not allowed. Even pg himself has said a variation of the Vaynerchuk quote (can't remember if it was a blog post or tweet).

It's a complex topic, but if you're reading this, find some solace in the fact that there are many others out there who have similar ups and downs, but more importantly, work to find balance in your life. This means time for eating well, sleeping, and relaxing time (video games, walks, gym, spending time with family). By the way, "relaxing time" is separate from "sleeping time" -- don't pick one or the other.

This doesn't mean you shouldn't have strong work ethics or push hard when you need to, but constrain things and re-evaluate constantly. I sometimes have a hard week of 70-80 hours because of coding sprints or sales pushes, and then break for 2 days. Eg: Monday and Tuesday this week were chill days for me, as a break from the past 10 days.

Overall, try to plan out the trajectory of your business and the work you are doing. Don't just flit from one priority to another, take a step back, take a deep breath, and plan for a definite outcome in a short period of time (2-4 weeks). Do this constantly, and you're basically tinkering with the the trajectory of your startup based on your efforts.

If you can't do the above (maybe because you've got a few people already on the team, have customers and are just running about hair on fire every day dealing with operational and customer issues), I would recommend getting some professional coaching advice about how to eventually structure your biz to be more manageable.

Bottom line, none of the stresses should be permanent or long-term (despite what banks, VCs, or any other funders may say), so definitely work towards building smaller bite-sized sprints for yourself and your team.

Re: Post YC Depression

#17
> Farmgirl Flowers CEO Christina Stembel normally sleeps just 4 hours per night

Doing this for sustained periods of time will lead to reduced cognitive performance[0] and, eventually, severe fatigue and possibly depression. Sounds like optimal operating conditions for a CEO.

If the dotcom bubble taught me anything, it's that working all the time is neither cool nor a measure of success, but rather the opposite.

[0] https://www.ncbi.nlm.nih.gov/pubmed/12683469

Re: Post YC Depression

#18

Gary vee talks like he does something amazing while what he does can really be done by a good cold caller. I don't see what he has done to earn the recognition he has. I agree with the author. Selling a $90 poster that basically is the worst advice you can give to an entrepreneur.

Thats missing the point of the poster. Its not about self destructive behaviour. You're not going to make it to month 48 by running yourself into the ground.

It just means results are not instant.

Maybe we should all be focused more on delivering actual value, instead of obsessing over what other people think on the internet..

Re: Post YC Depression

#19

This article should be another datapoint in every entrepreneur's handbook that simply going through the YC and Silicon Valley VC community does not ensure good outcomes. Owning 100% of a company making $1M/year is far more rewarding and valuable than owning 1% of a company making $100M/year. Consider YC as a last resort if you have no other options.

For most people, owning 100% of a company making $1M/year would be preferable to owning 10% of a company making $1B. It's not just that money has decreasing marginal value. It's about what life you want to live. The ten percent life is... just not for everyone, and maybe not for anyone, which is why it needs to be incentivized so much to ever happen.

Re: Post YC Depression

#20

"Pineapple Pizzas from Dominos (plus cinna-stix cause we're not fucking heathens)" The author lost my interest here.

So, in front of us we have a very eloquent and well written article talking about very serious issues that take place in the entrepreneurial community... and you're going to dismiss it because the writer decided to have fun for a split second? Gimme a break.

Don't want to put words into the mouth of totalZero, but that clearly seems like a joke.
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