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Ask HN: I don't want to be a founder anymore

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Re: Ask HN: I don't want to be a founder anymore

#41

You are out of your freakin mind. Just shut up, stop complaining, and get bought out. You can RETIRE and do what you want to after you work at your acquired company for two years. #1PercentProblems

Don't act like this. Literally become a different person before interacting online again.

If he can't suffer through two more years of work after coming this far then I have no sympathy for him. He should be ashamed of himself for even posting this question. Be a man!

Re: Ask HN: I don't want to be a founder anymore

#42
I think part of the problem is that being a founder of a profitable tech company is painted as the promise land, filled with riches and being the master of your own destiny.

The reality is that it's a job like any other, but with way more stress, hours, responsibility, and people's livelihood depending on you not fucking up.

A big part of the problem is that it is rather difficult to talk about burnout, depression, etc with others as people think you are living the dream. Not to mention, it's expected you keep up appearances as the person steering the ship.

The only way to survive this and keep going is to find people you open up to, to talk things out and work through the shit. It kind of sounds like you are keeping this from your wife, at least in part, which is a big red flag. If you don't feel comfortable sharing everything with your partner in life, who can you talk to for support?

Don't keep on trying to fix this on your own.

Re: Ask HN: I don't want to be a founder anymore

#43
post #26

There are professionals out there whose job it is to help out people in situations like yours. Before you make any life changing decisions I would talk to one. CEO's, Hedgefund Managers, Sport Stars, they all talk to psychologists. Give it a try.

I strongly second this suggestion. Unfortunately there is a stigma to speaking with mental health professionals, but I'm a strong proponent of doing so even when there is nothing necessarily "wrong" in your life. Speaking as someone who just recently experienced burnout for the first time in his career (along with losing several friends in the past year), and is now taking it easy for a while, you owe it to yourself…

The simplest analogy usually works here.

You take your car in for regular maintenance even if nothing is wrong. Is your car that much more important than your mental health?

Re: Ask HN: I don't want to be a founder anymore

#45

Earlier quoted context omitted.

I'd say it's not fu money. We're talking total deal size of I do think I'd regret not following through, you're right. The question is whether that regret is worse than multiple years of hating work. I guess I'm probably the only one who can answer that. I just took a week off and went out of town. Although everyone did manage to leave me alone while I was gone, people tried to do my job because they didn't want to k…

That's $13 million each. If that doesn't count as FU money I don't know what does. Even what you'll get upfront might already be in the FU money bracket. Calculating that threshold actually is quite easy (as per Mr. Money Mustache): If you have more than 12 times your annual expenses in assets you never have to work again.

It's more like 25 to 33x annual expenses.

Re: Ask HN: I don't want to be a founder anymore

#47

You're right: 1 person can't replace you. Can 3? Can 5? You must reorganize, if merely to save your sanity. Hire 1 person and start training them, then hire the next. For 1 week, write down everything that you do for your company, and then group the like tasks in order to figure out how many/what type of person(people) to hire/train. Start looking for that person, while writing down everything that you do the 2nd wee…

They already said "it's been hard to retain developers." One retention method is paying a fuckload of money.

Re: Ask HN: I don't want to be a founder anymore

#48

Take a vacation, preferably to a beach. Use it to learn what processes at your company are dependent on you. Then when you get back, start documenting and delegating every process until you are no longer a critical dependency. Then take another, longer vacation. Sounds like you need one.

I agree. It's your company so you should be able to do whatever you want with your time, now that the company is able to support you. Why not take a sabbatical, work remotely from anywhere on the world etc.? Basically find whatever you really want to do without giving up the responsibility as a CEO (yet)

Re: Ask HN: I don't want to be a founder anymore

#49

Go work on a contruction site for a few days. You'll be running back to your old 'miserable life', believe you me. What is it with this romantic view of supposedly stress free jobs of filling shelves with food or digging a hole for a garden tree ( the easiest thing in construction ). I feel your pain since I get similar feelings as you sometimes but then I remember 20 something me doing roofing and breaking ice on a…

I'll offer a counterpoint, as long as your management is effective there's plenty to love about those sorts of jobs. They are actually not bad at all other than the pay. No stress, no thinking, lots of moving around, no worry about the "bigger picture" as a founder must do. I've cleaned hotel rooms, stocked shelves at a discount store, worked the register at a grocery store, and unloaded trucks in a wearhouse. The only shitty "unskilled" job I had was due to mismanagement.

Call me lazy but I would never want the responsibility of being a founder. Seems like much too much to worry about.

Re: Ask HN: I don't want to be a founder anymore

#50
A crisis of meaning. Need to understand better the sources of unhappiness. Is just being tired or bored? is being close to burnout? is because you are alone too much on job tasks? All those areas are "workable". I wouldn't hesitate to have a session with a psyche professional to help to dig on those things in an manageable way. Maybe the best outcome is to be acquired, maybe you are close to reach something important and this is your inner resistance.
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