31–40 of 89 posts
This post actually makes me feel kind of grateful. I have kept my day job while working on my startup and am still single. I'm 27 & I work from home. The upside is that I have a place to live and work comfortably, I'm not broke and I can support my "startup habit". The downside is that I never get much sleep, my girlfriend hates it, almost everyone I know says that I should quit my startup and get married like a norm…
I have over $100k in student loan debt from undergrad, and have nearly run through savings for the startup I'm working on. My loan payments kick back in in two months. We're launching in 2-4 weeks, and the nature of the project is such that if it doesn't take off immediately then it may never take off. Talk about a fire under your ass! That said, I'm loving it. I'm actually living in India at the moment, working from…
I am in the same boat (except for living in SF not India). Been doing startups since I graduated 2 years ago. Near $100k loans from undergrad, needing to pay off the convertible note from my first startup that didn't convert to equity, car payment and a few months into working on current startup where I haven't taken salary yet. Though the best thing I did was cancel my credit card a year ago. On the "up" side, I hav…
I like your second point here. I still live basically like a college student which makes it easy to live off very little. Heck, you should see some of the shitholes I've slept in in India to save $5 for the night.
I made great money one summer working as a management consultant, but hated the work. The perks were great though: first-class international plane flights, no per diem and lots of extravagant meals, blahblahblah.
None of that stuff means anything though. I'm not an ounce happier for sleeping in a nice room, or having an extravagant meal. Those things fade away as soon as they're done.
But I've never been happier working for something that I care about and that's mine.
I'm broke and in a startup, been at it 1 month to the day, planning a launch in early Sept. I actually need to be code complete for the 28th of Aug as I'm going to Burning Man.
No I don't think it's going to be perfect and there are a lot more features I'd like to see going to launch but since I don't have a budget for a national media campaign I doubt it will make a difference and at least I will be getting feedback.
You're still going to be in debt whether you think about it or not. If you stopped now would it improve the situation? Probably not. So get ready to launch, launch it, talk your book, make some cash. You can still build those features with some paying customers. Stop coding, start cold calling. Thats what I will be doing come Sept whether it be potential clients for the startup or potential clients for contract work.
I get by, by not thinking about it. Spend 2 hours thinking about the worst possible outcome, you blow all your money/credit/etc, and have zero income. Then think about what you will do. Now you have a plan. Never think about it again until the day comes that you need to put your plan in action. Then execute your plan.
May I ask why you are not cutting features to hit your launch date? I'm broke and in a startup, been at it 1 month to the day, planning a launch in early Sept. I actually need to be code complete for the 28th of Aug as I'm going to Burning Man. No I don't think it's going to be perfect and there are a lot more features I'd like to see going to launch but since I don't have a budget for a national media campaign I dou…
That said, i have to think very hard about every purchase, because i have zero disposable income.
May I ask why you are not cutting features to hit your launch date? I'm broke and in a startup, been at it 1 month to the day, planning a launch in early Sept. I actually need to be code complete for the 28th of Aug as I'm going to Burning Man. No I don't think it's going to be perfect and there are a lot more features I'd like to see going to launch but since I don't have a budget for a national media campaign I dou…
why are you broke and still going to burning man?
Also tickets were on sale from Jan 2010, he could easily have bought them back then.
I've been in the bay area living off savings for a few months now. i have a website that has started to generate money, so I'm on my way out of being poor (hopefully). it's incredibly tempting to spend all the revenue on myself. the business won't grow if i do that, though. it's hard.
I've been in the bay area living off savings for a few months now. i have a website that has started to generate money, so I'm on my way out of being poor (hopefully). it's incredibly tempting to spend all the revenue on myself. the business won't grow if i do that, though. it's hard.
can we see your website?