Basically, I want to start a company. Its kind of dumb because if I just stay where I am and invest, then I would probably end up very well off in the long run. But I have this thing in the back of my mind that life is short and is quickly ending, even at the age of 30. What would you guys do?
Am I dumb for wanting to leave a 300k a year job?
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I'd ride it out for 5-10 years. Do research on your idea, how to get funding, etc. Right now the economy is too fragile/vulnerable, unless your company is COVID-related.
But then I will be 40 and married.
I'm confused. Why is marriage a barrier to owning a company?
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I'd ride it out for 5-10 years. Do research on your idea, how to get funding, etc. Right now the economy is too fragile/vulnerable, unless your company is COVID-related.
But then I will be 40 and married.
I'm confused. Why is marriage a barrier to owning a company?
Kids and wife need your $$$, cant take on that kind of risk
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What kind of company do you want to start? I’m 30 and my plan is to keep working my high paying job, but to start some small side businesses (e.g., coffee shop, ice cream shop) that I can have family members manage.
It would be based off of some recent machine learning research that has come out. I think there is significant opportunity to use NLP methods invented in the last six months to create products that never existed. But its pie in the sky. But at the same time I think just working for money is killing my soul
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IMO best to work and save until you are 40-45 and then pivot slowly to your own gig. That way you can build up a good cushion, have a good network, and gain high level experience. Especially now that everything is so uncertain it doesn't make a lot of sense to jump unless you have a 'golden' idea.
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IMO best to work and save until you are 40-45 and then pivot slowly to your own gig. That way you can build up a good cushion, have a good network, and gain high level experience. Especially now that everything is so uncertain it doesn't make a lot of sense to jump unless you have a 'golden' idea.
Yeah but then more than half of life has passed you by..
What kind of man would live a life without daring?
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What kind of company do you want to start? I’m 30 and my plan is to keep working my high paying job, but to start some small side businesses (e.g., coffee shop, ice cream shop) that I can have family members manage.
It would be based off of some recent machine learning research that has come out. I think there is significant opportunity to use NLP methods invented in the last six months to create products that never existed. But its pie in the sky. But at the same time I think just working for money is killing my soul
Get a hobby. Or spend free time developing your ideas and working on implementing something concrete... especially if you will need VC...
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IMO best to work and save until you are 40-45 and then pivot slowly to your own gig. That way you can build up a good cushion, have a good network, and gain high level experience. Especially now that everything is so uncertain it doesn't make a lot of sense to jump unless you have a 'golden' idea.
Yeah but then more than half of life has passed you by..
What kind of man would live a life without daring?Are you just looking for confirmation? You know yourself best, just do what works for you.