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by ian0
977 days ago
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Not from a FANG background but was in a high paying senior role before taking the plunge to start a startup ~6 years ago. Also sole earner. I made the decision to do it as I genuinely loved the problem space, building things and had enough savings to take a chance on building something big. I also am less risk adverse than average (and perhaps what is sensible). I think if your goal is financial independence at this stage, founding a startup is a poor strategy. Perhaps lowing your cost of living somehow and looking at traditional investments to bulk up savings would be a better option. To combat the boredom you could look for a high paid job in a more interesting large company. Or, experiment with side projects and see how you go. Obviously your chances of success are lower when you don't go "all-in", but it gives you a taste of entrepreneurship. |
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How did your risk turn out for you? What would you do differently if you were to do it again?