Can a dog with 3 legs walk? Yeah, but its more difficult than if it had 4 legs.
Ask YC: "Can a 40 year old, married with 3 children, start a start-up?"
41–50 of 77 posts
Re: Ask YC: "Can a 40 year old, married with 3 children, start a start-up?"
#42Earlier quoted context omitted.
"I can't remove the word fail from my vocabulary" You could start by removing the word "can't" from your vocabulary.
Are 'fail' and 'can't' words in your vocabulary? I assume so, as you clearly understand my comments. Something more thoughtful would help! ;)
But I don't want to be blindsided by potential problems; I want to catch them as quickly as possible so they can be fixed. My role in the startup has always been the engineer, and as an engineer, it's my job to be pessimistic. (I used to have a business-type cofounder who was much more gung-ho, but he left for B-school, and now I've gotta do both. Concentrating on the product first...)
One of my favorite quotes, though, is:
"Courage is not the absence of fear. Courage is being afraid and doing what you have to do anyway."
I'd much rather imagine everything that can go wrong now than be blindsided by it later.
Re: Ask YC: "Can a 40 year old, married with 3 children, start a start-up?"
#43Earlier quoted context omitted.
If you bring forth what is within you, what is within you will save you. If you do not bring forth what is within you, what is within you will destroy you. Wow, a quote from the Gnostic gospels. Very cool. Here is another: His disciples questioned him and said to him, "Do you want us to fast? How shall we pray? Shall we give alms? What diet shall we observe?" Jesus said, "Do not tell lies, and do not do what you hate…
And what did you do?
Re: Ask YC: "Can a 40 year old, married with 3 children, start a start-up?"
#44Earlier quoted context omitted.
Are 'fail' and 'can't' words in your vocabulary? I assume so, as you clearly understand my comments. Something more thoughtful would help! ;)
I can't speak for Ed, but "fail" and "can't" are still very much words in my vocabulary, and I worry almost daily that we can't build the product we'd want to use and will fail in the market. Maybe that's a problem for me. It does seem to be a negative when talking to people about my startup; they pick up cracks in the facade of perfect confidence fairly often. But I don't want to be blindsided by potential problems;…
"Disappoint early"
In other words, as soon as you are aware of a problem - Raise it. And then discuss it and work it out.
Re: Ask YC: "Can a 40 year old, married with 3 children, start a start-up?"
#45Re: Ask YC: "Can a 40 year old, married with 3 children, start a start-up?"
#46Re: Ask YC: "Can a 40 year old, married with 3 children, start a start-up?"
#47Earlier quoted context omitted.
Thank-you and good luck. My father also started a business (furniture manufacturer!), way back in 1977, when I was only 9. What I have noticed is that the phrase over here (in England - maybe applies in the US), 'You only get out what you put in'.
The US version might be "you reap what you sow," which I like because crops produce more than what they were planted with. Pick a venture that lets you get out more than you put in, eh?
Re: Ask YC: "Can a 40 year old, married with 3 children, start a start-up?"
#48Here's the advice: Its not just you starting the startup.
If I had a different kind of wife, someone timid, fearful or unwilling to adjust from a standard of living to which she had become accustomed, my startup would have been impossible.
Your wife has to have the bug as well even if shes not directly involved. If instead you get a "whatever you want dear as long as we still have enough money for X (soccer, preschool, shoe-shopping, cabletv... whatever), you are already done.
The two of you can do it together. You can't do it alone. The bright side? You've already got your co-founder. That might also be the downside.
Re: Ask YC: "Can a 40 year old, married with 3 children, start a start-up?"
#49Yes, of course you can. Sure, being younger allows for more time, but I'd imagine being that age has given you some maturity in handling finances, emotions, etc. I'm sure you'll have to make some sacrifices seeing that you have many commitments and responsibilities, but if it's something you truly want to do, go for it. At the very least, you'll enjoy the ride, and when things get tough, you'll have your wife and chi…
As far as having a family to support goes, I have 2 kids and I am pretty sure I can't leave my job even though my wife works. That just means I would have to do something part time, which in the end may be better. I read an article where an entrepreneur spoke about the fact that founders will put a lot of energy into their startup and not develop a balanced life from the outset. That only puts you in a mode where work will always consume a lot of your time and you will not be able to break that cycle. At least if you work 2 jobs for a short period of time, you know at some point you will quit one of them.
Re: Ask YC: "Can a 40 year old, married with 3 children, start a start-up?"
#50You can definitely do it. My story might help encourage you a bit.
Being a bit older when you start your business can work to your advantage. The reason? You've probably had time to work in another field and see real-world needs in some particular niche. These would be unmet needs that recent graduates might not be able to see. The younger guys do amazing things that blow my mind, but there are tons of opportunities that are overlooked because they are smaller (but still HIGHLY profitable) demographics that don't entice those who want to "change the world."
(I started writing this and then notice that nostrademons made virtually the same point, so I just want to "second" what nostrademons said.)
In my particular case, I worked at an art gallery and over the course of a decade learned the art business inside and out. I now have connections throughout the art industry. About seven years ago, I got the idea to build a little web application helps painters build websites and market their artwork online.
(BTW - I have been astounded at the similarities I, as an aspiring hacker, have with my painter customers, and just within the past few months I've learned of PG's book "Hackers and Painters.")
At first, I only had 5-6 hours ONE DAY A WEEK to devote to developing the application. I had to learn everything. I hadn't programmed seriously in over a decade, so progress was very slow at first. Still, within two months I had my first customer.
I continued to build the application following my one-day-a-week schedule for years. I wasn't willing to give up my job income, so I just kept my little web application going on the side and spent roughly 5 hours a week improving it on my days off.
At the end of year one I had 30 customers. At the end of year 2 I had 60. Year 3? 120 customers (see a pattern?). At the end of year 4 I had 240 customers and finally had the courage to go full-time.
That was three years ago and today I have 2,000 customers - enough to provide a good income for me and my employees . . . and still growing. And I finally get do do what all hackers want to do...code! I now code at least five hours a day (although when my wife is out of town, that number balloons to 36 hour marathons, BTW - thank God you have a wife.....it forces you to have a life too).
I highly respect the 37 Signals crew and I agree with them: Don't focus on building a STARTUP, focus on building a BUSINESS.
If there is a niche or industry that you have deep knowledge of....that will help you as nostrademons said above. You will have knowledge and hopefully, connections. It generally puts you in a situation where you have much less competition. And even the competition you do have isn't likely to be as knowledgeable about your customers' needs as you are. In my situation, I generally know how artists need to market their artwork better than they do (and providing that help to them is part of our service).
Is this route slower? Yes. Is it safer? Of course. But, it my case, I couldn't afford to simply quit my job, so it was the only route possible.
When I started I wasn't really even planning on it to become a full time venture, so chances are, you could start on the side and get profitable in a fraction of the time it took me. I knew nothing about building an online company. The fact that you are following and posting on "Hacker News" shows that you light-years ahead of where I was when I started out.