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I did the scariest thing I can imagine: I resigned

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Re: I did the scariest thing I can imagine: I resigned

#41

Post by mehulkar »

andrewljohnson wrote: post #36
untog wrote: post #20

Earlier quoted context omitted.

I was with you until: In a year, you won't be who you are now. Unless you mean "you will be the wrecked shell of the person you once were", I don't think that making a startup actually changes who you are. We glamorize it, but a lot of people set up their own business every day and don't change a bit.

A start-up changes a person in the same way a war does - trauma, triumph, battle, and blood. If you aren't changed after you start up, it probably wasn't your first time.

This sounds a bit like hyperbole. People don't die from startups.

Re: I did the scariest thing I can imagine: I resigned

#42

Post by zackyap »

Congratulations and good luck!! There's nothing better than to be working on something you can call your own, and to be building a company of your dreams.

It will be a tough journey ahead, but the courage to resign is a first step. There's a tonne of work that needs to be done so remember to stay FOCUSED. :)

Re: I did the scariest thing I can imagine: I resigned

#43

Post by bartonfink »

andrewljohnson wrote: post #36
untog wrote: post #20

Earlier quoted context omitted.

I was with you until: In a year, you won't be who you are now. Unless you mean "you will be the wrecked shell of the person you once were", I don't think that making a startup actually changes who you are. We glamorize it, but a lot of people set up their own business every day and don't change a bit.

A start-up changes a person in the same way a war does - trauma, triumph, battle, and blood. If you aren't changed after you start up, it probably wasn't your first time.

That's just insane. People working on start-ups do not, as a matter of course, risk their lives in the same way soldiers in a war do. I'd challenge you to point to anyone doing a tech startup who has lost a limb due to an IED.

A start-up may very well change a person more than spending the same time at a job would, but to compare it to going through war shows an incredible amount of naivety about how horrible war actually is.

Re: I did the scariest thing I can imagine: I resigned

#45

Post by wensheng »

One of the main things that prevents me from doing the same is health insurance. Will I be paying $2000 per month instead of $200 that I'm paying now for a good coverage.

What are my options? Can anyone shine some lights on this issue?

(I know it's a US thing, as those in EU have free health plan and all that.)

Re: I did the scariest thing I can imagine: I resigned

#46

Post by cptnobvious »

edw519 wrote: post #14

The good news: If you think you've done the right thing, then you have. Congratulations! The other news: - Your runway is probably 50% of what you think it is. - Your task is probably 200% of what you think it is. - It will take 200% of what you expect to get your first customer. - Your wife will get scared before you do. - Some customers will take forever to pay. - You'll probably have to backtrack on your design /…

Yawn, just link to the astrology column next time.

Re: I did the scariest thing I can imagine: I resigned

#48

Post by tarr11 »

wensheng wrote: post #45

One of the main things that prevents me from doing the same is health insurance. Will I be paying $2000 per month instead of $200 that I'm paying now for a good coverage. What are my options? Can anyone shine some lights on this issue? (I know it's a US thing, as those in EU have free health plan and all that.)

$2000 month is high (depends on your situation though). I've also done this, on Cobra, my payment is 1100 for a family of 4. If you have low deductibles, it would be higher.

You are probably also paying some part of your health insurance as it is (it will often come out of your paycheck pre-tax) You should check if that's going on.

In 2014, Health Insurance operations commence in each state due to the Patient Protection And Affordable Care act. So, if you resigned now, you could get Cobra for 18 months, and then switch to an individual plan.

Re: I did the scariest thing I can imagine: I resigned

#49

Post by sliverstorm »

bartonfink wrote: post #43
andrewljohnson wrote: post #36

Earlier quoted context omitted.

A start-up changes a person in the same way a war does - trauma, triumph, battle, and blood. If you aren't changed after you start up, it probably wasn't your first time.

That's just insane. People working on start-ups do not, as a matter of course, risk their lives in the same way soldiers in a war do. I'd challenge you to point to anyone doing a tech startup who has lost a limb due to an IED. A start-up may very well change a person more than spending the same time at a job would, but to compare it to going through war shows an incredible amount of naivety about how horrible war act…

Yeah, but it's so much more romantic to think of start-ups as literally comparable to being a foot soldier on the front lines.

Re: I did the scariest thing I can imagine: I resigned

#50

Post by robomartin »

edw519 wrote: post #14

The good news: If you think you've done the right thing, then you have. Congratulations! The other news: - Your runway is probably 50% of what you think it is. - Your task is probably 200% of what you think it is. - It will take 200% of what you expect to get your first customer. - Your wife will get scared before you do. - Some customers will take forever to pay. - You'll probably have to backtrack on your design /…

And, when you finally succeed, some asshole will tell you that you didn't actually build your business. That your success isn't due to having worked hard (because there are tons of people that work hard) or because you are smart (because lots of people are smart). No, you had nothing to do with building a successful business despite your sacrifices, risk, uncertainty, sleepless nights, good and bad decisions, family sacrifices, etc., etc. You don't matter.
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