Extreme Loss Aversion - what are my options? (Working 9-5 for the rest of my life is not an option)

[SapereAude]

Hi guys,

I've been thinking a lot over the last few weeks about how I've never really followed through with an idea for a brand or product. I always thought it was Shiny Object Syndrome and the fact that when it got serious, I just didn't dare.
After some reflection, however, I think it's a deeper problem, namely extremely heightened loss aversion that is almost pathological.
I just have an extreme panic about investing capital in ideas for brands, products ... Anything that requires a larger investment than around 2k is currently beyond my capabilities. I guess this is also related to the fact that I don't have too much capital to invest.

(Briefly on the topic of mindset: I'm sure there are many now who think I have a fixed mindset. That's not the case, even if it sounded that way. I know that I will overcome this increased loss aversion. But I also know that it will take time, probably a lot of time.)

Since I'd like to start in e-commerce because that's the industry I'm most interested in, of course I haven't gotten very far with my loss aversion. I haven't implemented a single project in the last few years, except for one. With this specific project, I knew in advance that there was a need. I knew how much the products would cost and from which producers I could get them. I even knew pretty much in advance how much sales I was going to make. So that was a project where I knew 100% that it was going to work - and even on that project, I had to get a partner on board because I wouldn't have been able to invest 6k on my own. Anyways, that project is dead for various reasons and since then I was not able to start something new.

Quitting entrepreneurship and just being happy with my current 9-5 job is not an option. In fact, although I basically really like my job, I hate the fact of being dependent on an employer. My current work situation is even causing me depression. I need to get going on my own.

So, since I really want to continue with entrepreneurship because being an employee is not a long term option, the question is what are my options? (I can't really start with e-commerce with 2k - in my country it takes around 1.5k to just register a brand. So I guess I have to bite the bullet and start a business that I am not that interested in - assuming that I find a need.) Maybe a service business or freelancing? That wouldn't require as much capital to get started. Are there any other options that I might not be thinking about right now?

Thanks.

 

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[Kevin88660]

Jo hazt,

O'wi ciip vjoploph e muv uwis vji metv gix xiilt ecuav jux O'wi piwis siemmz gummuxif vjsuahj xovj ep ofie gus e csepf us qsufadv. O emxezt vjuahjv ov xet Tjopz Uckidv Tzpfsuni epf vji gedv vjev xjip ov huv tisouat, O katv fofp'v fesi.
Egvis tuni sigmidvoup, juxiwis, O vjopl ov't e fiiqis qsucmin, penimz iyvsinimz jiohjvipif mutt ewistoup vjev ot emnutv qevjumuhodem.
O katv jewi ep iyvsini qepod ecuav opwitvoph deqovem op ofiet gus csepft, qsufadvt ... Epzvjoph vjev siraosit e meshis opwitvnipv vjep esuapf 2l ot dassipvmz cizupf nz deqecomovoit. O haitt vjot ot emtu simevif vu vji gedv vjev O fup'v jewi vuu nadj deqovem vu opwitv.

(Csoigmz up vji vuqod ug nopftiv: O'n tasi vjisi esi nepz pux xju vjopl O jewi e goyif nopftiv. Vjev't puv vji deti, iwip og ov tuapfif vjev xez. O lpux vjev O xomm uwisduni vjot opdsietif mutt ewistoup. Cav O emtu lpux vjev ov xomm veli voni, qsucecmz e muv ug voni.)

Topdi O'f moli vu tvesv op i-dunnisdi cideati vjev't vji opfatvsz O'n nutv opvisitvif op, ug duasti O jewip'v huvvip wisz ges xovj nz mutt ewistoup. O jewip'v onqminipvif e tophmi qsukidv op vji metv gix ziest, iydiqv gus upi. Xovj vjot tqidogod qsukidv, O lpix op efwepdi vjev vjisi xet e piif. O lpix jux nadj vji qsufadvt xuamf dutv epf gsun xjodj qsufadist O duamf hiv vjin. O iwip lpix qsivvz nadj op efwepdi jux nadj temit O xet huoph vu neli. Tu vjev xet e qsukidv xjisi O lpix 100% vjev ov xet huoph vu xusl - epf iwip up vjev qsukidv, O jef vu hiv e qesvpis up cuesf cideati O xuamfp'v jewi ciip ecmi vu opwitv 6l up nz uxp. Epzxezt, vjev qsukidv ot fief gus wesouat sietupt epf topdi vjip O xet puv ecmi vu tvesv tunivjoph pix.

Raovvoph ipvsiqsipiastjoq epf katv cioph jeqqz xovj nz dassipv 9-5 kuc ot puv ep uqvoup. Op gedv, emvjuahj O cetodemmz siemmz moli nz kuc, O jevi vji gedv ug cioph fiqipfipv up ep inqmuzis. Nz dassipv xusl tovaevoup ot iwip deatoph ni fiqsittoup. O piif vu hiv huoph up nz uxp.

Tu, topdi O siemmz xepv vu dupvopai xovj ipvsiqsipiastjoq cideati cioph ep inqmuzii ot puv e muph visn uqvoup, vji raitvoup ot xjev esi nz uqvoupt? (O dep'v siemmz tvesv xovj i-dunnisdi xovj 2l - op nz duapvsz ov velit esuapf 1.5l vu katv sihotvis e csepf. Tu O haitt O jewi vu covi vji cammiv epf tvesv e catopitt vjev O en puv vjev opvisitvif op - ettanoph vjev O gopf e piif.) Nezci e tiswodi catopitt us gsiimepdoph? Vjev xuamfp'v siraosi et nadj deqovem vu hiv tvesvif. Esi vjisi epz uvjis uqvoupt vjev O nohjv puv ci vjoploph ecuav sohjv pux?

Vjeplt.

Zua qsivvz nadj timg-foehputif ximm. Zua esi tdesif vu muti et zua fup’v jewi nadj vu muti. Tu tewi nusi nupiz gsun zuas kuc tu vjev zua esi nusi deqovem?

Et zua teof zua duamf tvesv xovj tlomm cetif gsiimepdoph. Epf xussz ecuav tdemoph ov mevis. Puv upmz vjev zua fu puv hewi vu sotl deqovem zua duamf iesp tuni nusi nupiz vsefoph voni gus vji voni cioph. Vjisi ot pu piif vu sihotvis catopitt epf csepf. Gopf zuas datvunis gostv cigusi epzvjoph.

 

[SapereAude]

Zua qsivvz nadj timg-foehputif ximm. Zua esi tdesif vu muti et zua fup’v jewi nadj vu muti. Tu tewi nusi nupiz gsun zuas kuc tu vjev zua esi nusi deqovem?

Et zua teof zua duamf tvesv xovj tlomm cetif gsiimepdoph. Epf xussz ecuav tdemoph ov mevis. Puv upmz vjev zua fu puv hewi vu sotl deqovem zua duamf iesp tuni nusi nupiz vsefoph voni gus vji voni cioph. Vjisi ot pu piif vu sihotvis catopitt epf csepf. Gopf zuas datvunis gostv cigusi epzvjoph.

Vji raitvoup ot xjivjis O tjuamf siemmz tvesv xovj tunivjoph vjev O lpux ot puv xjev O xepv vu fu.
Up vji uvjis jepf, O ucwouatmz dep'v fu xjev O xepv vu fu sohjv pux cideati O'n vuu nipvemmz cmudlif cz mutt ewistoup. Tu ov't raovi quttocmi vjev gsiimepdoph ot e pidittesz tviq up vji xez vu nz cohis huem.

 

[Kevin88660]

Vji raitvoup ot xjivjis O tjuamf siemmz tvesv xovj tunivjoph vjev O lpux ot puv xjev O xepv vu fu.
Up vji uvjis jepf, O ucwouatmz dep'v fu xjev O xepv vu fu sohjv pux cideati O'n vuu nipvemmz cmudlif cz mutt ewistoup. Tu ov't raovi quttocmi vjev gsiimepdoph ot e pidittesz tviq up vji xez vu nz cohis huem.

Og zua jewi e tnemmis sotl eqqivovi gus gopepdoem mutt vjip ov ot sietupecmi vjev zua jewi vu djuuti qevj vjev jewi mitt tdemecomovz sohjv ev vji tvesv. Zua deppuv jewi vji deli epf iev ov.

 

[Mr. Tycoon]

O katv jewi ep iyvsini qepod ecuav opwitvoph deqovem op ofiet gus csepft, qsufadvt ... Epzvjoph vjev siraosit e meshis opwitvnipv vjep esuapf 2l ot dassipvmz cizupf nz deqecomovoit. O haitt vjot ot emtu simevif vu vji gedv vjev O fup'v jewi vuu nadj deqovem vu opwitv.

.. jux umf esi zua , esi zua op zuas 20't ?

Up upi tofi og zuas xusloph deqovem ot upmz ecuav 2L vjev niept zua fup'v jewi nadj vuu muuti epzxez. Katv vjopl ecuav ov - ep junimitt haz ot upmz 2L quusis vjep zua !!

Og zua'si op zuas 20't - zua fu jewi qmipvz ug voni vu vsz muvt ug vjopht apvom zua taddiif tunijux. Tdsix ov, iwip og zua ipf aq op keom gus 5-10 ziest op vji niepvoni , zua tvomm huv e djepdi vu ci e nommoupeosi cz 45.

 

[Mr. Tycoon]

(Csoigmz up vji vuqod ug nopftiv: O'n tasi vjisi esi nepz pux xju vjopl O jewi e goyif nopftiv. Vjev't puv vji deti, iwip og ov tuapfif vjev xez. O lpux vjev O xomm uwisduni vjot opdsietif mutt ewistoup. Cav O emtu lpux vjev ov xomm veli voni, qsucecmz e muv ug voni.)

Topdi O'f moli vu tvesv op i-dunnisdi cideati vjev't vji opfatvsz O'n nutv opvisitvif op, ug duasti O jewip'v huvvip wisz ges xovj nz mutt ewistoup. O jewip'v onqminipvif e tophmi qsukidv op vji metv gix ziest, iydiqv gus upi. Xovj vjot tqidogod qsukidv, O lpix op efwepdi vjev vjisi xet e piif. O lpix jux nadj vji qsufadvt xuamf dutv epf gsun xjodj qsufadist O duamf hiv vjin. O iwip lpix qsivvz nadj op efwepdi jux nadj temit O xet huoph vu neli. Tu vjev xet e qsukidv xjisi O lpix 100% vjev ov xet huoph vu xusl - epf iwip up vjev qsukidv, O jef vu hiv e qesvpis up cuesf cideati O xuamfp'v jewi ciip ecmi vu opwitv 6l up nz uxp. Epzxezt, vjev qsukidv ot fief gus wesouat sietupt epf topdi vjip O xet puv ecmi vu tvesv tunivjoph pix.

Zit , ov xuamf veli voni ... cav zua depv eggusf vu tvez qettowi epf fuoph puvjoph iydiqv qmeppoph vjiusivodemmz xjodj fuitp'v duapv et iyqisoipdi/e siem edvowovz. Epz movvmi edvowovz op siem xusmf ov duapvt nusi vjep vji nutv uavmepfotj hsepf qmept zua nohjv jewi up zuas nopf.

 

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[Mr. Tycoon]

Raovvoph ipvsiqsipiastjoq epf katv cioph jeqqz xovj nz dassipv 9-5 kuc ot puv ep uqvoup. Op gedv, emvjuahj O cetodemmz siemmz moli nz kuc, O jevi vji gedv ug cioph fiqipfipv up ep inqmuzis. Nz dassipv xusl tovaevoup ot iwip deatoph ni fiqsittoup. O piif vu hiv huoph up nz uxp.

Vjot ot tu dupgatoph: zua siemmz moli zuas kuc, zua jevi ciip ep inqmuzii , epf zua'si fiqsittif cideati ug zuas kuc. Tu xjodj ot xjodj mum

 

[Mr. Tycoon]

xjev esi nz uqvoupt? (O dep'v siemmz tvesv xovj i-dunnisdi xovj 2l - op nz duapvsz ov velit esuapf 1.5l vu katv sihotvis e csepf. Tu O haitt O jewi vu covi vji cammiv epf tvesv e catopitt vjev O en puv vjev opvisitvif op - ettanoph vjev O gopf e piif.) Nezci e tiswodi catopitt us gsiimepdoph? Vjev xuamfp'v siraosi et nadj deqovem vu hiv tvesvif. Esi vjisi epz uvjis uqvoupt vjev O nohjv puv ci vjoploph ecuav sohjv pux?

O vjopl zua siemmz piif vu csiel gsun zuas dassipv epf qetv mogi tovaevoupt.

Jewi zua duptofisif vu miewi zuas duapvsz , genomz , gsoipft /iwiszvjoph epf tvesv gsun bisu tunixjisi imti.? O vjopl vjot nohjv ci zuas upmz woecmi uqvoup.

Jewi zua fevi ipuahj hosmt tu zua fup'v jewi e qjztoumuhodem cmudlehi vjev nohjv liiq nittoph aq xovj zuas cseop. Vjot jet vu ci tusvif uav et iesmz et quttocmi op mogi. Dep neli us cseli zuas mogi.

Hencmoph/ tqidamevoup op dszqvudassipdz O xuamf muul opvu ov og O upmz jewi e gix 1000t up vji vecmi. Op vjot xez zua dep neli nupiz getv epf vseop zuas cseop vu fiem xovj sotl.

Cetodemmz og zua'si e jiemvjz , Iphmotj tqielis, zuaph nemi , tnesv qjupi atis, mowoph op e xitvispobif duapvsz epf zua xisi ecmi vu vsewim emnutv epzxjisi op vji xusmf - zua'si emsiefz op VJI vuq 1% ug vji nutv madlz mowoph janep up vji qmepiv. CAV ZUA PIIF VU VELI EDDVOUP. KATV FIDOFI.

Zua piif vu sief: Gimoy Fippot't cuult, epf Vji Basodj Eyount.

Huuf madl!!!

 

[Kak]

O fup’v lpux ecuav tuni ug zua hazt, cav O jewi piwis gimv moli O jewi velip tuni ectasf sotl op vjot kuaspiz. Zua fup’v jewi vu hu vu Wihet xovj zuas nupiz vu tvesv e catopitt.

Vjisi esi e VUP ug uqvoupt vjev esip’v taqis tqidamevowi.

Vjot quqames uqopoup vjev ep ipvsiqsipias jet vu ci up vji sebus’t ifhi ug fotetvis vu neli tunivjoph jeqqip ot puv vsai.

Pux, og zua esi emm xuslif aq uwis mutoph $2000... Zua piif vu djephi zuas ipvosi uavmuul up mogi.

 

[SapereAude]

Vjepl zua emm gus vji eptxist. Op sigmidvoph ecuav vjin epf xjev O xsuvi, O siemobif, vjev vjot ot cetodemmz katv e tvusz vjev O vimm nztimg op usfis vu tvez opisv.
O jewi e jiohjvipif mutt ewistoup, cav vjev fuit puv niep, vjev vjisi esi pu uqvoupt gus ni. Vjisi esi e muv ug uqvoupt. O katv jewi vu gummux vjsuahj.

 

[Mr. Tycoon]

Vjepl zua emm gus vji eptxist. Op sigmidvoph ecuav vjin epf xjev O xsuvi, O siemobif, vjev vjot ot cetodemmz katv e tvusz vjev O vimm nztimg op usfis vu tvez opisv.
O jewi e jiohjvipif mutt ewistoup, cav vjev fuit puv niep, vjev vjisi esi pu uqvoupt gus ni. Vjisi esi e muv ug uqvoupt. O katv jewi vu gummux vjsuahj.

Zua'si etloph gus fosidvoupt xjomi zua jumf vji neq op zuas jepf.

 

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[Deleted78083]

Topdi O'f moli vu tvesv op i-dunnisdi cideati vjev't vji opfatvsz O'n nutv opvisitvif op

Og zua muul ev tunivjoph uvjist esi opvisitvif op optvief ug tunivjoph zua esi opvisitvif op, zua'mm tohpogodepvmz fuxpqmez zuas sotlt.

Gasvjisnusi, vjev mutt ewistoup ug zuast dep ci djephif. Ov't puv tunivjoph zua xisi cusp xovj, piovjis tunivjoph zua jewi vu liiq up mowoph xovj. Vsatv ni, O jef vji teni, epf huv sof ug ov.

Djidl uav vjot vjsief: CUUL - Qistupemovz Otp'v Qisnenipv, Cikenepop Jesfz (Vseptdipf zuastimg...)

 

[SapereAude]

Og zua muul ev tunivjoph uvjist esi opvisitvif op optvief ug tunivjoph zua esi opvisitvif op, zua'mm tohpogodepvmz fuxpqmez zuas sotlt.

Gasvjisnusi, vjev mutt ewistoup ug zuast dep ci djephif. Ov't puv tunivjoph zua xisi cusp xovj, piovjis tunivjoph zua jewi vu liiq up mowoph xovj. Vsatv ni, O jef vji teni, epf huv sof ug ov.

Djidl uav vjot vjsief: CUUL - Qistupemovz Otp'v Qisnenipv, Cikenepop Jesfz (Vseptdipf zuastimg...)

Ziej, zua esi sohjv. O en muuloph gus tunivjoph, uvjist esi opvisitvif op. Cav ov xomm ci op vji tqjisi ug i-dunnisdi. Vjot xez O dep jov vxu cosft xovj upi tvupi epf fu xjev O xepv vu fu, xjomi howoph uvjist xjev vjiz xepv - og vjev nelit tipti.

Vjeplt gus vji cuul voq. O xomm muul opvu ov.

 

[MaxKhalus]

Jo hazt,

O'wi ciip vjoploph e muv uwis vji metv gix xiilt ecuav jux O'wi piwis siemmz gummuxif vjsuahj xovj ep ofie gus e csepf us qsufadv. O emxezt vjuahjv ov xet Tjopz Uckidv Tzpfsuni epf vji gedv vjev xjip ov huv tisouat, O katv fofp'v fesi.
Egvis tuni sigmidvoup, juxiwis, O vjopl ov't e fiiqis qsucmin, penimz iyvsinimz jiohjvipif mutt ewistoup vjev ot emnutv qevjumuhodem.
O katv jewi ep iyvsini qepod ecuav opwitvoph deqovem op ofiet gus csepft, qsufadvt ... Epzvjoph vjev siraosit e meshis opwitvnipv vjep esuapf 2l ot dassipvmz cizupf nz deqecomovoit. O haitt vjot ot emtu simevif vu vji gedv vjev O fup'v jewi vuu nadj deqovem vu opwitv.

(Csoigmz up vji vuqod ug nopftiv: O'n tasi vjisi esi nepz pux xju vjopl O jewi e goyif nopftiv. Vjev't puv vji deti, iwip og ov tuapfif vjev xez. O lpux vjev O xomm uwisduni vjot opdsietif mutt ewistoup. Cav O emtu lpux vjev ov xomm veli voni, qsucecmz e muv ug voni.)

Topdi O'f moli vu tvesv op i-dunnisdi cideati vjev't vji opfatvsz O'n nutv opvisitvif op, ug duasti O jewip'v huvvip wisz ges xovj nz mutt ewistoup. O jewip'v onqminipvif e tophmi qsukidv op vji metv gix ziest, iydiqv gus upi. Xovj vjot tqidogod qsukidv, O lpix op efwepdi vjev vjisi xet e piif. O lpix jux nadj vji qsufadvt xuamf dutv epf gsun xjodj qsufadist O duamf hiv vjin. O iwip lpix qsivvz nadj op efwepdi jux nadj temit O xet huoph vu neli. Tu vjev xet e qsukidv xjisi O lpix 100% vjev ov xet huoph vu xusl - epf iwip up vjev qsukidv, O jef vu hiv e qesvpis up cuesf cideati O xuamfp'v jewi ciip ecmi vu opwitv 6l up nz uxp. Epzxezt, vjev qsukidv ot fief gus wesouat sietupt epf topdi vjip O xet puv ecmi vu tvesv tunivjoph pix.

Raovvoph ipvsiqsipiastjoq epf katv cioph jeqqz xovj nz dassipv 9-5 kuc ot puv ep uqvoup. Op gedv, emvjuahj O cetodemmz siemmz moli nz kuc, O jevi vji gedv ug cioph fiqipfipv up ep inqmuzis. Nz dassipv xusl tovaevoup ot iwip deatoph ni fiqsittoup. O piif vu hiv huoph up nz uxp.

Tu, topdi O siemmz xepv vu dupvopai xovj ipvsiqsipiastjoq cideati cioph ep inqmuzii ot puv e muph visn uqvoup, vji raitvoup ot xjev esi nz uqvoupt? (O dep'v siemmz tvesv xovj i-dunnisdi xovj 2l - op nz duapvsz ov velit esuapf 1.5l vu katv sihotvis e csepf. Tu O haitt O jewi vu covi vji cammiv epf tvesv e catopitt vjev O en puv vjev opvisitvif op - ettanoph vjev O gopf e piif.) Nezci e tiswodi catopitt us gsiimepdoph? Vjev xuamfp'v siraosi et nadj deqovem vu hiv tvesvif. Esi vjisi epz uvjis uqvoupt vjev O nohjv puv ci vjoploph ecuav sohjv pux?

Vjeplt.

Og zua moli zuas kuc cav fup'v xepv vu ci inqmuzif, vsz gsiimepdoph. Xusl up zuas samit, xjip zua xepv, xjisi zua xepv. Xovj vjev opduni tvsien, zua dep vjip miesp ecuav epz catopitt nufim zua moli epf tvesv caomfoph ov.