i have a question now, i have just started my corporate career and i have that entrepreneur in me...i know i can build good software or something new , what do i do...i am confused as i am kind of liking the new job ...wont this kill the entrepreneur in me ?
I would not necessarily take the blog post author's advice. He appears to be a big self-promoter that's more impressed with the perceived prestige of a management consulting job than the success of his actual startup.
"One day, I even found myself asking my girlfriend for a few cents because I had no money to buy bottled water [...] Get ready for a smaller apartment, smaller food portions, or counting your cents, which you never cared about in your life previously." This guy is presenting advice that is very specific to his life experience as though it is universal. Most people in this country do that all the time, and don't consider bottled water a necessity.
“It is good to have an end to journey toward; but it is the journey that matters, in the end.” I really like this Hemingway quote. If you are just doing a startup for the end result then you're probably in it for the wrong reasons. You're probably going to fail, so hopefully the journey is somewhat rewarding.
Most of the comments here are pretty harsh, but I think the author has some really good points. Maybe not everyone is impressed by his former management consulting job, but even if you aren't, quitting your job (or forgoing a regular salary) to do a startup is probably not going to be supported in everyone in your life. My personal experience has been that most people have been supportive, but I live in the Bay area. My parents try to be supportive, but I think they think I'm crazy/foolish and keep it to themselves. Social pressures can be a big hardship, having support from friends and family can make things a lot easier.
As far as money goes, he is totally right. Having savings to live off of for a year+ is a wise plan. (But so is living frugally from the first day you quit your job, and perhaps bringing a refillable water bottle).
Not getting a full night's sleep is not required for starting a company. Operating for a full day sleep deprived is like being drunk. But on the other hand, if everyone really is sleep deprived, not being sleep deprived is a competitive advantage.
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[ 3.4 ms ] story [ 29.1 ms ] threadIf you don't have a plan, money can quickly evaporate. Very quickly.
Most of the comments here are pretty harsh, but I think the author has some really good points. Maybe not everyone is impressed by his former management consulting job, but even if you aren't, quitting your job (or forgoing a regular salary) to do a startup is probably not going to be supported in everyone in your life. My personal experience has been that most people have been supportive, but I live in the Bay area. My parents try to be supportive, but I think they think I'm crazy/foolish and keep it to themselves. Social pressures can be a big hardship, having support from friends and family can make things a lot easier.
As far as money goes, he is totally right. Having savings to live off of for a year+ is a wise plan. (But so is living frugally from the first day you quit your job, and perhaps bringing a refillable water bottle).