Did your escape number scare you ?

[AnasHarn]

Hi everyone,

I've just started to work on this and in order to clarify things and be more motivated, I decided to calculate my escape number based on the book: Escape the rat race & my 1/5/10 Planasy.

As much as I saw the numbers in the book, my own number scared me a bit.
I came up with 21 million euros, which I know isn't incredible either, but still, it's a lot of money.

How did you manage this ? I went to read the stories of startups sold at that price and above, just to motivate myself and rationalize it.

 

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[MTF]

It's cool to dream big and I'm not saying you shouldn't do it.

At the same time, I'm pretty sure your number is way too high and the actual number is probably 4-5x lower.

 

[cm-devpreneur]

Mine scared me. I did my 1/5/10 Planasy in February this year. While I had an idea of all the things I wanted the total number seemed too big. But I am keeping an open mind. I think once you have some momentum it's easier to estimate a more realistic number. There are so many unknowns early on.

I am trying to be more realistic with the shorter term parts of the Planasy.

And I like your idea to look up exits that were at a similar value to what you need.