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by jeffreyrogers
695 days ago
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Why do you think building a business will fix the problem you feel? I don't mean that in a rude way, but I think answering that will help you figure out what you're looking for. If the goal is just to build a business you could start a business like a McDonald's franchise that is pretty much guaranteed to work if you work hard enough. But I suspect that succeeding at some already derisked business model isn't what is drawing you towards building a business. It's probably not money either since from a discounted cash flow perspective it probably pays better to get a FAANG job. You say you want freedom but in most businesses you don't have a huge amount of freedom since you are constrained by what the market wants and organizational structures have to meet employee needs. |
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> Why do you think building a business will fix the problem you feel?
It wont.
But it will solve one aspect of (lack of) independence -- the soul crashing 9-5 and working with people. I don't want to go length into my view of the tech industry and how I consider most of it an inefficient cog machine mixed with human psychology, but getting rid of it by creating a business which can be run on it's own -- will improve my quality of life significantly.
For example: there is no logical sense at all to work 9-5, 5 days a week from Mo-Fr, in an office. By having my business I can train in the morning and then work 12 to 8. I can take Monday off (without asking for permission). I can work from home or cafe, or a park. I get to build the lifestyle I want rather than conforming to some 1890s factory idea of the 9 to 5.
Another example: there is no need to have 15 people teams with idiotic daily standups. By building my own business, I get to work with only myself (yay), and some other people to whom I can outsource things I'm not good at, and not waste time on idiotic corporate rituals.
And as for McDonalnds, well, I been in the tech industry for over a decade now. That's what I know. I don't know anything about store locations, managing staff and stock. Sure I can learn, but it's smarter to leverage my existing knowledge rather than starting from 0. And also a physical business means more exposure to working with other people, and a more typical hierarchical structure.