11–13 of 13 posts
What-to-do = maximize w1p(failure)+w2p(safety)+w2*p(success), where wi are personal and family factors, and p are probabilities.
Is your experience something that a start-up need? or is experience only something to change for the future?
Hmmm... if it were me, it would mostly depend on how I want my life to be 5 from now or 10 years from now. (or in which direction i want it to be going) And then choose whichever option has a higher chance of delivering that. So do you know what you want 5 years from now? Also, it would partly depend on whats important right now? high excitement, high reward, high risk type of position or a safe comfy type of positio…
The most important thing for the next 5-10 years to me is a) be happy b) provide for my family (I do have two kids and a stable marriage). All my jobs until now were very good, but I was hardly happy at them. I worked at big, big name companies in tech and also in one start-up, albeit not as partner.
Hmmm... if it were me, it would mostly depend on how I want my life to be 5 from now or 10 years from now. (or in which direction i want it to be going) And then choose whichever option has a higher chance of delivering that. So do you know what you want 5 years from now? Also, it would partly depend on whats important right now? high excitement, high reward, high risk type of position or a safe comfy type of positio…
The most important thing for the next 5-10 years to me is a) be happy b) provide for my family (I do have two kids and a stable marriage). All my jobs until now were very good, but I was hardly happy at them. I worked at big, big name companies in tech and also in one start-up, albeit not as partner.
Same story here, I am sure I can have a decent career if I continue with a job, but I know I won't be happy with it.
If you have worked at big name companies, thats great. Thats a background thats readily marketable, you would know how the business world works better than most younger people would, also you may have a network you can try to using if you go for a start up.
The next bunch of questions would be:
1) Do you have an idea that you think that has potential?
If yes, then try to implement a dirty demo and check for feedback If no, then keep looking for one, no meaning in thinking of a start up if you have no idea
2) Do you have enough cash reserves to support your family (and the start up expenses)? if yes, then go for it If no, or its 'sort of', then try to get a job that would allow you to work on your start up and keep the cash flow coming in.
I am sure, your already know, but its tough to work full time and then try to build a start up. And with a family, thats super tough.
Cheers.