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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Replying to @AmandaMGoetz
I also think if you’re not willing to risk it, maybe you shouldn’t do it. Being bold isn’t for most and that’s ok.
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Replying to @theSamParr
not willing to risk not having healthcare and a home for my children makes me not “bold”?
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Replying to @AmandaMGoetz @theSamParr
Big difference between being bold and taking lifelong career damaging risks when you have a family. When startups fail if they are in high tech they might get a rescue but usually everyone takes years unless they are a great coder to find decent corporate jobs.
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Replying to @jbaksht @AmandaMGoetz
Uh, no, it’s literally the exact same thing.
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Replying to @theSamParr @AmandaMGoetz
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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Replying to @jbaksht @AmandaMGoetz
What if you don’t have a fall back and you take the risk?
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Replying to @theSamParr @AmandaMGoetz
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.
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