avatarLeo Guinan

Summary

An entrepreneur reflects on the tumultuous first week after leaving a stable job to pursue multiple startup ideas, experiencing a mix of emotions and challenges while making initial progress and seeking support from the startup community.

Abstract

The author of the article has embarked on a startup journey after quitting a well-paying job, driven by the vision of capitalizing on various opportunities. In the first week, the author grapples with the newfound freedom of managing personal time, along with the struggle to relax without feeling guilty. Despite making headway by discussing potential partnerships for a fintech venture and exploring other business avenues, the author faces self-doubt and skepticism from family and friends. The internal battle with negativity and the external pressure from loved ones have led to a sense of isolation, which the author is mitigating by engaging with fellow entrepreneurs through Y Combinator's Startup School. The author acknowledges a complex blend of emotions, including sadness, loneliness, excitement, and optimism, and remains committed to the long-term vision, aiming to demonstrate the value of hard work and sacrifice to their family.

Opinions

  • The author expresses both excitement and apprehension about the startup journey, highlighting the duality of emotions involved in such a significant life change.
  • There is a clear recognition of personal challenges, such as time management and the inability to relax, which are identified as areas for self-improvement.
  • The author's family, particularly the children, have reacted dramatically to the career shift, revealing the author's concern about the impact of their decision on the family dynamic.
  • Despite external doubts and internal fears, the author is optimistic about the potential of their startup ideas and the progress made in the initial stages.
  • The author values the support and camaraderie found within the startup community, particularly through Y Combinator's Startup School, as a means to combat feelings of loneliness and uncertainty.
  • The author's determination to succeed is linked to a desire to impart life lessons about hard work and dedication to their children, suggesting a deeper purpose behind their entrepreneurial pursuit.

Reflecting on My Startup Journey: Week One

What the Hell am I Doing?

Photo by Daniel Gonzalez on Unsplash

Last week, I quit my job. I decided to go all-in on my startup ideas. Yes, I have more than one. I see a bunch of opportunities and I plan on trying to take advantage of them.

Let’s look back on the week and see how it went.

Overall Impressions

It is interesting to control my own time for the first time in a long time. It is good and bad. I am not always the best at controlling my time, so this is something that I have to get used to.

One thing I have a very hard time doing right now is relaxing. I feel extremely guilty if I take any breaks. That sounds like a totally healthy attitude, right? Yeah, it needs some work. But I have identified it as a problem so I am at least getting better.

Progress

I have made a good deal of progress. I have started talking to a couple potential co-founders for a fintech company. I am pretty excited about the idea and I can see my work starting to bring this new idea to life. It is only about 24 hours old at this point, so still extremely early, but it shows promise.

I have also started exploring some other potential options. This has led me to have some really good conversations and it is exciting to see the potential.

The Bad

There is a lot of negativity around my projects, mostly from inside my own head. I hear a constant voice asking me what the hell I am doing. I regularly feel like I have absolutely no clue what I am doing.

Also, my family and friends think I am crazy. My wife is freaked out. My kids have had some lovely things to say about their dad who “quit his job because he is selfish and now we are going to be homeless.” Yeah, my kids are a bit dramatic, especially since I used this as an opportunity to show them the need to sacrifice a bit for the long-term good of the family. Maybe they don’t get that new toy they wanted or that Fortnite skin. I plan on showing them what hard work and dedication to your goal can accomplish. I want them to see that short-term sacrifice can be beneficial to longer-term plans.

This has all made for a pretty lonely time. I have been combatting this by talking to others online who are trying to start companies. The best source for me so far is Y Combinator’s Startup School. Their weekly progress meeting and forum have helped me meet a couple of founders who have similar issues to mine and a potential co-founder. I am having to build a new social network for myself and this has helped me greatly.

So to put it all together, I am sad, lonely, nervous, terrified, excited, energized, and optimistic. From everything I read about launching startups, it seems like I am off to a good start.

To another big week!

If you want to follow my journey from corporate software engineer to startup founder, sign up for my mailing list!

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