Live data from Hacker News

Ask HN: Founders, what's your lifestyle like?

news.ycombinator.com

51–60 of 100 posts

Re: Ask HN: Founders, what's your lifestyle like?

#53
I build and sell an enterprise software product. First 12 months--sales were low. Eventually, I saw sales in the $10-50K/mo range. I'm now seeing $50K-100K/mo. I work alone, I have no investors, and my overhead is minimal.

My main luxury is eating out. I don't sweat ordering what I want. I get that appetizer when I want it. I don't wince when a waiter reminds me that refills cost.

I live in a modest city apartment.

Last year, I took a few short vacations. Nothing extravagant. They were the same types of vacations I might take if I were employed as a developer.

I travel a lot to promote my business. When I travel on business, I make sure I'm in a nice hotel, eat nice meals, and I travel comfortably.

When I'm home, I wake up around 10am. I go through email and whatever other distractions I come up with . I go eat lunch and then I head to my office. I usually work until dinner time. Some days I work after dinner until I go to bed. Other days I don’t. I slow down, here and there, to avoid burn out.

My personal financial goal is to build a retirement account capable of supporting a modest life style. I don't know what the rest of this ride looks like, so I'm trying to capitalize on it and build some personal security.

I don’t have much of a social life right now. When I’m in a mental state to produce, I get quite stressed when I have to attend a party or otherwise disrupt my productive work to “hang out”. I have friends though and I get to spend some time with them. Usually it’s when we cross paths on our work travel or volunteer activities.

I'm pretty happy with my situation and have a lot of satisfaction from my work. Some of the things that I like the most:

1. I don't have to ask anyone for permission for anything. If I want to do something, I go and do it.

2. I don't have constant reminders about my low place in the organization's hierarchy. My customers and I enter into a business transaction as peers. This mutual respect is very important to me.

3. I have absolute control over my work. I like the freedom to pursue my product's vision without having to stop and justify it to others.

4. I like succeeding at business development. I’ve met a lot of “pure business” people who would like me to believe there’s something special to what they do. There isn’t. As a programmer, I find this very empowering.

5. I also like succeeding without investors. I started my entrepreneurial journey on HN and for a time believed I needed someone else's blessing to succeed. While I have friends who have done well with investors, I like knowing that my two hands made something from nothing and got me here.

Re: Ask HN: Founders, what's your lifestyle like?

#54

Mostly free time. Probably not much different than most retirees with money in the bank. I always wanted independence. I never wanted employees. SaaS is a wonderful business model for that. It took 10 years and a dozen ideas to find 2 businesses I could run on my own, be low-touch enough that I'd not have to be hands-on with every customer, and pay enough to be a viable alternative to employment. Most of my web app i…

How many relationships did you have before you found someone that was compatible with the lifestyle you had built up? I found it really hard to maintain a long-distance relationship while a CS undergrad, and I'm curious how that side of your life worked out.

I find it interesting that you found it harder to maintain a long-distance while an undergrad, especially because from personal experience, it would be easier that way (IMO of course).

I'm also an undergrad and what I largely find is that it would be easier to be in an LDR with regards to your workload because you don't have as many daily "commitments" if you want to call them that, i.e. you're not trying to balance your projects with going out to eat a few times a week. The expectation is that you're not going to be seeing each other all the time, so theoretically you would have more time to spend on your work. I'd be interested to hear why you've found the opposite to be true (aside from CS, I think my true passion is relationships ;-) ). Now, give me a non-LDR relationship any day and I'll find a way to make time.

Re: Ask HN: Founders, what's your lifestyle like?

#56
My lifestyle is pretty great right now, but it has changed and improved remarkably throughout the years.

I have found that at about $30K a month in spending money, is more money than I need, even in the most expensive cities (as long as I’m hanging out with normal people with normal jobs and don’t do anything to crazy that month).

Currently, I live between Aspen, CO and San Juan, PR. I live in Aspen, because it is my favorite place in the world. There are so many amazing outdoor activities and the girls there are the best in the world (for me, I'm kind-of and extreme sports person and there are a lot of girls like that up there). The party scene is hard to beat up in Aspen, in both the summer and the winter.

Mostly though, I dirt bike all summer in the mountains and ski and snowmobile all winter.

I just recently moved to Puerto Rico for a percentage of the year for the great tax benefits of living here. So far it has been really good. I live in Old San Juan, which is somewhat like living in the Mission in SF. Dirty, grimy, hispstery and fun.

I walk or get driven everywhere I go. I don't like driving at all and don't really need to either place I live. I am in walking distance to 20 great bars and restaurants in both places.

I try to work every weekday from 8am-4pm EST no matter what timezone I’m in. That doesn’t always happen, but the more I work, the better, more stable and more profitable my business gets.

What I have found to be most important, is to make sure that I get up and get emails out early, so that no matter what is really going on in my life, it signals to everyone who interacts with my business that, I’m up early and working hard every day, which is often the case anyway.

However, for example, on Friday me my employee and a girl from down here, took the day off and had an awesome drunken brunch on the beach.

My number one employee and best friend, lives and travels around with me. We are an awesome team together and get shit done in all parts of our lives. We eat out every meal and I literally pay for everything for him when we are together. It feels a lot like he is my kid in a lot of ways, lol.

I’ve had girlfriends throughout the years, but almost every one of them has been unemployed or working on something like acting or trying to start a business. It is really hard for me to date someone with a 9-5, I think because my lifestyle is so flexible (I also require a lot of attention). My last girlfriend was a consultant and worked at home, which was the best set up so far. We would just work next to each other from each others apartments.

It took a good amount of time to get here. I’ve been founding companies for about 6-7 years. This is my third entity. Back in the day I was living on the floor in the ghetto of Berkeley, CA without an extra dime to spend on anything other than Ramen.

I’m looking to the future right now. Hoping to grow my business, save some money, spend a lot of money and have a lot of fun.

My next big plan, is to get a harem of girls to simultaneously be my girlfriends and travel with me between Aspen, Puerto Rico and the rest of the world. I’ve been working on it, getting apartments set up in both places that will work for this. Also, I’ve been looking for super smart, super hot girls who would be down for this.

So far, you’d be surprised at the reactions of most of the girls who I tell my plan to. Very few have been negative about it. Most have been at minimum supportive and they think it is cool.

I know it is a ridiculous “goal” for the future, but there are no real rules and boundaries in my life and I am going to do my best to take full advantage of this one awesome life :)

So far I think I’m on a good track.

Re: Ask HN: Founders, what's your lifestyle like?

#57
I'm in the 2-person weeks-away-from-launch phase of a startup, and it can be fairly hectic. There are so many little things to do (make email templates, fix this bug, make that feature), that I use trello to keep track of a weekly plan. I split things up into a weekly to-do/doing/done and only keep on the board what I think I can accomplish throughout the week (and revisit it daily). It helps a lot with lining up tasks in the order I need to do them in.

The lifestyle part of it is that 7 days out of the week, I wake up whenever my body wakes up and pretty much roll over to the computer desk and start working. I'm married (with no children), and although it took her a bit to really buy in on giving me uninterrupted development time, I finally have that for most of the day. I pretty much do this until 9-10pm, and then my wife and I catch up on TV shows or watch a movie or two.

There are, of course, minor distractions throughout the day like reading HN, or playing a few iphone games. In order to combat that, I hold off on doing anything like that until I hit micro milestones on my current task.

As far as money goes, I left my full-time job in order to work on this idea, so there's absolutely no income until I start generating it from customers. I'm borrowing against my house to pay the bills, but that's how much I really believe in what I'm working on, and I've intentionally forced myself into this position because it makes me prioritize everything as if my life depended on it (which it does).

Re: Ask HN: Founders, what's your lifestyle like?

#58
I have a very small consulting firm. I spend 20 hours a week on a gig that I picked up 3 years ago, and I have two part-time people working for me about 10 hours a week each. I have a hands-off business partner who handles the billing. It's my mother, actually. She has her own consulting gigs, so about a year ago we just decided to combine our billing.

It pays pretty well--even though I'm nowhere near charging what I've been told would be the going rate for my skill set--well enough that my wife and I took three camping trips and three international trips last year, and took the entire December holiday season off.

I don't own a car anymore; we are a one-car household now. Well, I do own one, but it hasn't ran for three months now and I'm probably just going to donate it. I exclusively work remotely. I'll occasionally walk to a coffee shop or co-working space (I live just outside of DC in the Old Town district of Alexandria). It's kind of lonely, but it's a hell of a lot better than having a boss.

The rest of the time, I (try to) make things that interest me and try to develop them into salable products. But, I'm having some issues with self-doubt. I've had tons of side projects over the years and none of them have led to anything, mostly because I've never managed to put any of them up for sale, because I believed they weren't good enough to sell, because I tend to focus on big chunks of interesting, technical work rather than the long-tail of chore issues, both technical and non-technical.

But finally, after 10 years, I got one project up and running on its own site with a "buy" button. Nobody has bought it, and I still don't really feel like it's worth buying, but at least I've gotten over that one particular hangup.

I'm hoping I can just keep whittling away at the hangups and skill deficiencies, one by one, until I've got something with all the right parts and all the right moves. I'd just like to know how close I am, though.

Re: Ask HN: Founders, what's your lifestyle like?

#59

Mostly free time. Probably not much different than most retirees with money in the bank. I always wanted independence. I never wanted employees. SaaS is a wonderful business model for that. It took 10 years and a dozen ideas to find 2 businesses I could run on my own, be low-touch enough that I'd not have to be hands-on with every customer, and pay enough to be a viable alternative to employment. Most of my web app i…

That's really awesome to hear. Thanks for sharing. I'm curious, how is your tax structure set up? Are you an LLC, C-corp, etc...?
Post reply on HN