Sam Parr  ⚪️

I agree

I have started (and mostly failed) as an entrepreneur and it stretched my wife & son. They see your strain and feel your success or failure. We have safety nets and I rebooted my career, but I have scars. I consider myself lucky. Most high growth startups fail. It’s just math.

I’m not talking about high growth startups. I’m talking anyone willing to start a business.

Any business better have a sharpe ratio worth pursuing (risk reward optimized). If it is a “passion” or low scale business it probably is not worth it.

I do not agree. So many smallish business out there that took 20 years to make. My immigrant in laws have a moving business that provides an AMAZING living. It’s not high growth and not scaling.

Depends on what they gave up. I was a kid free Vice President at Citigroup IB that wanted to do FinTech. Sometimes I regret leaving a very prestigious high paid profession to roll the dice. If you don’t have much to lose the decision is easier.

I agree

Though I’d likely own a small business that pays me 75% of a VP at a bank.