[cellover]

I am in the process of creating a startup business with 2 partners.

Our ultimate goal is NOT to get rich, is NOT to be famous, is NOT to be valued billions of rubles.

We want to be free, we want to work on the projects that motivate us, we want to make our own decisions and decide when it's good to work and when it's not.

For me this is the most motivating part of this adventure. I can totally relate to this article and it even gives me hope in our way of doing things.

[MichaelGG]

I thought this was the general idea of starting a business. I think few people start a business thinking they're going to be worth billions. Hell, an acquaintance started a publishing business and is now selling millions of books in niches like "colouring books for adults". He is financially set and could sell for many millions, but few people would ever hear of him or his company. Yet this is fantastically beyond the success of most people.

Are founders actually so delusional that they're really buying into the whole billion+ idea at the outset instead of thinking of how to make a business? That seems rather silly. (Unless the real goal is to find a way to get a couple million personally out of the first few funding rounds. In that case, perhaps it's not a bad gamble.)

[cableshaft]

Coloring books for adults isn't so niche anymore. I'm seeing them everywhere lately.

[NoCulturalFit]

Make a living basically? Can work on both ends, like cutting your costs. I wonder how much you would have to be living on annually in order to have a decent idea work? Is $20k too high?

I've been working on that more than my startup recently.

We could live on $20k annually for at least 4 years. Now I am trying to figure out a SaaS that could generate that within a couple of months. I don't mind fighting with price even though that's what you're not supposed to do.

[cellover]

Maybe I should have added the 3 of us are still employed in companies. So we are in a somewhat comfortable position. we are already making a little bit of money that compensate for the administrative and infrastructure costs (which are ridiculously low at the moment).

We estimate that the company should earn around 25k € every month so we could quit our jobs but again our costs are very low so far.

I'm not sure to properly understand your question here ; you want to have a side business so you can concentrate on your main startup?

Anyway, good luck with your business(es)!

[NoCulturalFit]

Nah I actually have no employment (no cultural fit anywhere) - so I am focusing on (or figuring out) building something that could generate income pretty quickly, though I understand the size of the income wouldn't be big, so I've cut all my costs down for me and my family to $20k annually.

Living on savings for now, which runs out in a couple of weeks.

[scott_karana]

> We could live on $20k annually for at least 4 years.

Is this also accounting for retirement? If so, kudos! :-)

[NoCulturalFit]

No because it would be for four years only.