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anomaloustho | 1 year ago

Started a business doing 1M annual recurring. I have plenty of reasons why it’s more advantageous.

• When times get tough, cofounders playing chicken to see who can take the lowest salary

• Giving yourself the lowest pay to prevent income loss of your employees

• Always having to hunt for sales to maintain your survival (which is typically nebulous and subject to when they feel like signing)

• HR and always trying to figure out how to not get sued

• Losing big customers or big customers going out of business

For any one of those bullet points there’s a coulda woulda shoulda, but again, just taking your 400k from a well established company that isn’t fighting for its survival every day is not inherently inferior to the heroics and cortisol required to operate a business.

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havefunbesafe|1 year ago

Just went through a lot of these, and can confidently say: way way more dangerous to own a company than be a part of one. Significantly less fun, however. I believe it comes down to personality type.