Not Everybody Should Be A Founder
December 13, 2018
You have minimal baggage in your life, e.g. no oppositional spouse, no crushing mortgage, minimal debt, no drug habit, and relatively low current monetary needs; and you can exist for a while without a day job. You haven’t yet become a Porsche aficionado; your old Corolla is fine. Or, if you are in the lucky club that is born into family wealth that gives you financial freedom, be thankful. However, always keep in mind that your goal should be to expand what you have been entrusted and not to burn through your inheritance pursuing a dream for which you are ill suited. Even the richest people are well advised to set loss limits on any investment of money and time. At the onset of a venture, either frugal living or a fat bank account will buy you some time to pursue your ambition, but keep in mind that time is the one thing you can never recoup.