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Posted: 8/21/2017 11:54:33 AM EDT
[#1]
You have kids and a wife. Now is not a time to put it all on the line. Just my .2 cents.
Edit: Family first. You have responsibilities. If you didn't have kids I would say go for it. |
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Posted: 8/21/2017 12:08:55 PM EDT
[#2]
Yes.
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Posted: 8/21/2017 12:10:06 PM EDT
[#3]
Humblebrag thread
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Posted: 8/21/2017 12:11:01 PM EDT
[#4]
The nation is full of fathers who shuck their financial and moral obligation to their families.
Sounds like you're almost ready to become one of them. 
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Posted: 8/21/2017 12:14:07 PM EDT
[#5]
You make a danmed good wage and work a set schedule. Why give that up? When you become your own boss, your business becomes the newest addition to the family and gets most of your attention. Do you need to make more money to feel complete? Does your family need more money and less you? Can you guarantee that you will make more money as an business owner?
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Posted: 8/21/2017 12:14:49 PM EDT
[#6]
your choice
 Gnarls Barkley - Crazy  Failed To Load Title |
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Posted: 8/21/2017 12:15:09 PM EDT
[#7]
Dear Humblebrag,
Hire some overseas guys to do your software development. You would be unwise to leave your current position. The grass is not always greener, even though you may think it is. |
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Posted: 8/21/2017 12:16:23 PM EDT
[#8]
Why not just hire an hourly developer to build it for you?
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Posted: 8/21/2017 12:16:36 PM EDT
[#9]
so you have a PhD and you're only making in the low $100k?
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Posted: 8/21/2017 12:17:04 PM EDT
[#10]
Quoted:
I’m in my early 30s. I’m married to an amazing woman who has blessed me with 3 amazing kids and we have our 4th on the way. I have a terminal degree and will make between $115k-135k this year (depending on my performance). We own a very comfortable home with about $90-100k in equity. We live in a great little town where quality of life is amazing and the cost of living is relatively low. Life is very, very good. I’ve learned a tremendous amount about myself working for my employer over the past 4 years. I’m an idea guy and a prolific communicator. I’m constantly coming up with ideas and pushing on them. Luckily, I moved to a sales role about a year ago, and it’s been a lot of fun, a great outlet, and more money. And I’m good at selling our products and services, so there is a lot of job security in my current position. I also have an entrepreneurial bend. And I’ve found that even in my new sales role, where I can apply my skills and my responsibilities align with my propensities, I am constantly day dreaming about start-up ideas, side-hustles, etc. I still have this nagging feeling that I’m not doing what I’m supposed to be doing. I think I’ve come to realize that I’m just not wired to work for someone else. This is why I’m writing this post. Am I fucking crazy entertaining giving up the security and lifestyle we have just to assume a huge amount of risk and start all over from scratch? My biggest obstacle is all/most of my ideas involve software. And I don’t know/probably won’t have time to learn to build software. So I would need to recruit/partner with some developers/engineers. And we have some savings, but not really a “rainy day fund” to live off for a year or so. I really believe I could do it, but it would be rough. I mean like might have to sell our house, our cars, all my rifles, etc rough. Am I nuts? Anyone else go through this, give up a really comfortable life, and come out on top? |
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Posted: 8/21/2017 12:18:11 PM EDT
[#11]
Quote HistoryQuoted:
Humblebrag thread |
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Posted: 8/21/2017 12:23:52 PM EDT
[#12]
The endeavor sounds valid, your timing sucks. Sorry to say, you missed the boat. You now have responsibilities which greatly outweigh your desire to be your own boss and become the next self-made millionaire. If you raise the kids right they should be solidly on their own in about 20 years. You can revisit the idea then.
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Posted: 8/21/2017 12:24:58 PM EDT
[#13]
If you have to ask if you are crazy, you are crazy. I came here to say YES before I even read the post.
Try your startup as a side hustle if it takes off then run with it. You can make things happen without killing your money maker IE your current job. |
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Posted: 8/21/2017 12:24:59 PM EDT
[#14]
13er thread.
You have almost 4 kids.....you don't get to do what you want to do. Remember they will pick your nursing home. |
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Posted: 8/21/2017 12:25:17 PM EDT
[#15]
If you were actually a prolific communicator you would know your audience.
I suggest you may not be all that you think. But it's an internet forum, I know all of a few paragraphs about you. Good luck with your endeavors. Maybe work your dream on the side so you don't give up whatever actual security you have built for your family? |
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Posted: 8/21/2017 12:27:31 PM EDT
[#16]
Quote HistoryQuoted:
Dear Humblebrag, Hire some overseas guys to do your software development. You would be unwise to leave your current position. The grass is not always greener, even though you may think it is. They all speak english, it's really that simple. Pennys on the dollar. Make sure you don't give all the details to one person so you don't get your idea and work stolen. |
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Posted: 8/21/2017 12:27:51 PM EDT
[#17]
Don't quit your day job.
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Posted: 8/21/2017 12:28:35 PM EDT
[#18]
Try and make a go of it as a side-hustle. If it pulls too much time from your family, you do not have the time to start your own business.
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Posted: 8/21/2017 12:29:26 PM EDT
[#19]
Hire a decent coder in the US under a confidentiality agreement. Any idea sent overseas is going to get ripped off as other countries offer fuck-all for IP protections.
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Posted: 8/21/2017 12:29:55 PM EDT
[#20]
Go for it. You are a badass.
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Posted: 8/21/2017 12:30:41 PM EDT
[#21]
Quote HistoryQuoted:
so you have a PhD and you're only making in the low $100k? |
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Posted: 8/21/2017 12:33:18 PM EDT
[#22]
Quote HistoryQuoted:
Go for it. You are a badass. |
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Posted: 8/21/2017 12:38:31 PM EDT
[#23]
I'm totally open to the possibility that I'm just being selfish/prideful in my thinking. Family does come first. But one could make the argument that this is in the interest of serving them. Seems like general consensus is that it would be wise to explore it on the side rather than dive head first.
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Posted: 8/21/2017 12:43:44 PM EDT
[#24]
Quote HistoryQuoted:
Humblebrag thread OP, I say given you don't have a dedicated fallback financial reserve, perhaps you should keep your ideas logged as you get them and work toward saving more to allow you to make this leap. Your family should know what you're thinking about as well, so that they don't ask for unnecessary frivolities in addition to the necessities. Plan everything as you go, including how you intend to recruit a partner or two, and set a timeline of goals with target dates. Obviously, the planning would be your sideline for now. Research, research, research. Get back with us when you've got a better feeling about your position. Good luck to you! |
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Posted: 8/21/2017 12:44:23 PM EDT
[#25]
Besides the fact your plan will likely pull your family completely out of their comfort zone(selling house, cars, living very frugally), as an entrepreneur, you will likely be spending 18 hours or more a day, 7 days a week making this work.
The sacrifice will satisfy your itch, but at this point in your life you need to think of the family you decided to create. |
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Posted: 8/21/2017 12:46:26 PM EDT
[#26]
I really think 99.9% of us operate at less then 10% of our potential. If you want more, its yours for the taking.
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Posted: 8/21/2017 12:46:57 PM EDT
[#27]
Quoted:
I’m married Yep. |
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Posted: 8/21/2017 12:47:29 PM EDT
[#28]
Sidebiz but dont give up your day job. your wife and kids are depending on you
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Posted: 8/21/2017 1:02:51 PM EDT
[#29]
seen it many times, OP will fuck up a good thing and loose it all
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Posted: 8/21/2017 1:07:34 PM EDT
[#30]
Quote HistoryQuoted:
seen it many times, OP will fuck up a good thing and loose it all |
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Posted: 8/21/2017 1:08:09 PM EDT
[#31]
The grass is always greener on the other side of the fence.
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Posted: 8/21/2017 1:09:42 PM EDT
[#32]
Sports car?
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Posted: 8/21/2017 1:13:10 PM EDT
[#33]
Quote HistoryQuoted:
Sports car? |
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Posted: 8/21/2017 1:13:12 PM EDT
[#34]
Pics of wife
?
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Posted: 8/21/2017 1:15:25 PM EDT
[#35]
Quote HistoryQuoted:
Nope. I drive an 08 Frontier. Wife and kids drive a 2013 Tahoe. Quote HistoryQuoted:
Quoted:
Sports car? 
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Posted: 8/21/2017 1:15:49 PM EDT
[#36]
If you need to ask GD to help you decide if you're crazy.... keep your day job.
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Posted: 8/21/2017 1:21:48 PM EDT
[#37]
I would be more likely to live extremely frugally, and bank/invest every penny I can since you have a decent salary, and plan for an early retirement.
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Posted: 8/21/2017 1:26:15 PM EDT
[#38]
Well you could go for it and become another American success story or you could think about what might have been.
Not that easy I know, but if you have some ideas I am a great sounding board to tell you if there is a market for said idea. I am currently looking for a side hustle. To show you that I am not about stealing your ideas here is a free one of mine . Cars have parking lights on the left and right side of the car that don't do much but show you car is here. Much like the rear high break light, I believe cars should have side break lights. This way when approaching an intersection you could tell if that driver on your right or left is breaking or not. True you will not be able to tell if they are going to stop but at least you know they are on the break. Just that little bit of knowledge could have helped me avoid the 3 accidents I have been in. In every case the driver failed too yield and ran a stop sign or read light or just pulled out in front of me. |
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Posted: 8/21/2017 1:30:37 PM EDT
[#39]
Yet another "I make over 100k" thread by some dude who can't find $24 for a team membership.
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Posted: 8/21/2017 1:43:32 PM EDT
[#40]
Have a very good friend who was in a similar situation about 2000. Left his very secure job at a Fortune 25 company for a start up to chase the same type of dream you describe. It did not work out for him. The start up went bust and that led to a series of other jobs. He's always made ends meet but it he'd be much better off had he stay put. Would likely be able to retire now.
The biggest difference with his situation was that he was quite unhappy in his Fortune 25 job so he likely couldn't have rode it out that long One thing to really keep in mind. If your new venture doesn't succeed you may very well have difficulty returning to a situation as good as you have today. I do hiring for my team in a Fortune 75 company. If you are a middle age white male you are going to have a harder path back into the corporate world. I recently received an email that stated that for our more advanced jobs that HR would not even release a candidate pool until they had a diverse group of candidates. In my last hire I had to fight hard to hire the much better qualified middle aged white male over the much less qualified diverse candidate. Wish I was making this up as I feel like I'm living in Bizzaro World. |
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Posted: 8/21/2017 1:47:51 PM EDT
[#41]
Quote HistoryQuoted:
Pics of wife ?
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Posted: 8/21/2017 1:52:03 PM EDT
[#42]
Quote HistoryQuoted:
You have kids and a wife. Now is not a time to put it all on the line. Just my .2 cents. Edit: Family first. You have responsibilities. If you didn't have kids I would say go for it. |
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Posted: 8/21/2017 1:52:24 PM EDT
[#43]
Quote HistoryQuoted:
Yet another "I make over 100k" thread by some dude who can't find $24 for a team membership. |
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Posted: 8/21/2017 1:55:00 PM EDT
[#44]
Quote HistoryQuoted:
Have a very good friend who was in a similar situation about 2000. Left his very secure job at a Fortune 25 company for a start up to chase the same type of dream you describe. It did not work out for him. The start up went bust and that led to a series of other jobs. He's always made ends meet but it he'd be much better off had he stay put. Would likely be able to retire now. The biggest difference with his situation was that he was quite unhappy in his Fortune 25 job so he likely couldn't have rode it out that long One thing to really keep in mind. If your new venture doesn't succeed you may very well have difficulty returning to a situation as good as you have today. I do hiring for my team in a Fortune 75 company. If you are a middle age white male you are going to have a harder path back into the corporate world. I recently received an email that stated that for our more advanced jobs that HR would not even release a candidate pool until they had a diverse group of candidates. In my last hire I had to fight hard to hire the much better qualified middle aged white male over the much less qualified diverse candidate. Wish I was making this up as I feel like I'm living in Bizzaro World. |
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Posted: 8/21/2017 1:55:17 PM EDT
[#45]
Talk to this guy . . .
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Posted: 8/21/2017 1:56:36 PM EDT
[#46]
From a very young age I have known that I wanted to work for myself. Started 7 businesses over the years and 6 failed. When I got married I took a normal job because it provided security for me and my wife but hated every minute of it. Went from low level IT to Systems admin in the course of a few short years and still hated it.
The last business that I started I did it part time and worked on it until it cost me money to go to work. At that point I quit and have been full time for myself for a little over 3 years now. I make 4-6x what I would have been making at my last job and if I sold the business today could "retire" You never know until you do something. |
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Posted: 8/21/2017 1:56:51 PM EDT
[#47]
Quote HistoryQuoted:
I would be more likely to live extremely frugally, and bank/invest every penny I can since you have a decent salary, and plan for an early retirement. |
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Posted: 8/21/2017 2:24:13 PM EDT
[#48]
Quote HistoryQuoted:
Cars have parking lights on the left and right side of the car that don't do much but show you car is here. Much like the rear high break light, I believe cars should have side break lights. This way when approaching an intersection you could tell if that driver on your right or left is breaking or not. True you will not be able to tell if they are going to stop but at least you know they are on the break. Just that little bit of knowledge could have helped me avoid the 3 accidents I have been in. In every case the driver failed too yield and ran a stop sign or read light or just pulled out in front of me. FFS is you're going to implement this idea please learn how to spell BRAKE. |
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Posted: 8/21/2017 5:43:13 PM EDT
[#49]
Quote HistoryQuoted:
So having seen it many times, what did they do wrong? Aside from not trying anything, what would you have done differently? Quote HistoryQuoted:
Quoted:
seen it many times, OP will fuck up a good thing and loose it all both scenarios ended in divorce |
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Posted: 8/21/2017 5:49:55 PM EDT
[#50]
Quoted:
I’m in my early 30s. I’m married to an amazing woman who has blessed me with 3 amazing kids and we have our 4th on the way. I have a terminal degree and will make between $115k-135k this year (depending on my performance). We own a very comfortable home with about $90-100k in equity. We live in a great little town where quality of life is amazing and the cost of living is relatively low. Life is very, very good. I’ve learned a tremendous amount about myself working for my employer over the past 4 years. I’m an idea guy and a prolific communicator. I’m constantly coming up with ideas and pushing on them. Luckily, I moved to a sales role about a year ago, and it’s been a lot of fun, a great outlet, and more money. And I’m good at selling our products and services, so there is a lot of job security in my current position. I also have an entrepreneurial bend. And I’ve found that even in my new sales role, where I can apply my skills and my responsibilities align with my propensities, I am constantly day dreaming about start-up ideas, side-hustles, etc. I still have this nagging feeling that I’m not doing what I’m supposed to be doing. I think I’ve come to realize that I’m just not wired to work for someone else. This is why I’m writing this post. Am I fucking crazy entertaining giving up the security and lifestyle we have just to assume a huge amount of risk and start all over from scratch? My biggest obstacle is all/most of my ideas involve software. And I don’t know/probably won’t have time to learn to build software. So I would need to recruit/partner with some developers/engineers. And we have some savings, but not really a “rainy day fund” to live off for a year or so. I really believe I could do it, but it would be rough. I mean like might have to sell our house, our cars, all my rifles, etc rough. Am I nuts? Anyone else go through this, give up a really comfortable life, and come out on top? They called Bill Gates crazy! Try it part time OP let it build up then go all in when you have it making money for you. When you're rich, hire me! Deal? Fuck yeah. |
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