As someone wanting to start a company but has ZERO safety net, I think about this often. I grew up poor and don’t have a circle of wealthy Friends & Family. If I fail, no one can bail me out or help support my kids. Taking risk is a privilege.https://twitter.com/orangebook_/status/1236296122739691523 …
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Taking “bold” risks when you have the responsibility to clothe, feed, and shelter other people; you need to employ a much deeper calculus before you just jump off a cliff.
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If you fail you have a hard time finding a “normal” corporate job and your kids suffer mightily bc their parent is exhausted, distracted, underpaid, and stressed. My father was an entrepreneur (failed mostly) and my Mom worked two jobs. My brothers and I suffered tremendously.
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RAnd that’s the downside to taking a bold risk. Kudos to your dad for taking that swing. Unfortunate that it didn’t work.
End of conversation
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