The worst that can happen.

[Gray Blimp]

During high school and college I created little value, which is why I am where I am today (slowlane). The only thing I have to show for that period is good times with friends. I do value those memories. I did have fun. However, now, my friends have all moved or moved on. So I have little excuse to not start creating.

Even though my ventures aren't currently expensive, they are time consuming. I don't have much fun these days. If I wasn't trying to create something for the future, I would be having more fun, would travel more, could be making more personal connections, would have some more money to invest (in equities, etc.). Hell, I may even try to change careers.

The potential upside is greater than the guaranteed downside of trying to create a business. If I try and fail completely, I would be behind financially (didn't passively invest as much), and I risk not having the good times and memories (like I do now, for the time I wasted in my teens).

I don't see any other path, I'm not going to stop. I just worry that all of this will be for nothing, and I won't even have fun twenties to show for it. I'm basically looking for someone to tell me I'm doing the right thing. Or for someone to give me a kick in the a$$.

Thanks y'all!

 

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[Unknown]

We can't make your choice for you, but what if you had 2 choices. In choice number one you trade 50 years of your life. You wake up after making this choice, and you're now 70 years old. You have plenty of money in your IRA, but getting up off your couch to go spend it seems like a lot of work at your age.

In choice number two you decide to take a risk. Maybe you fail, but maybe you succeed. If you succeed you wake up each day happier than the last. If you fail you wake up, and you're now 70 years old. You have plenty of money in your IRA, but getting up off your couch to go spend it seems like a lot of work at your age.

 

[V8Bill]

The potential upside is greater than the guaranteed downside

There's your answer. Go for it. You only get one life at a time so you may as well take some risks to improve it.

Why does starting a business have to conflict with having fun in life? There's plenty of time every day to do both. Either way though you're taking a risk. What if you try and fail? Will your life be that bad? I fail hourly - I'm used to it. But what if you try and succeed? How awesome would that be? It's not that big a decision, just get something rolling in business, there's no long lasting personal failure if you tried. If you can think of a way to help people then it's worth a try. The worst thing that can happen is you lose some money and you helped some people.

I love risk! Go for it. You can always steer the ship once it's sailing.

 

[JDMfan13]

There are people who work a 9-5 and feel like that is their only option in life. They are wrong.

Likewise, there are people who spend their lives avoiding working 9-5 and feel like that is their only option. They are wrong as well.

If you're worried about the negatives, work a 9-5/part time job while doing your entrepreneurial gig. That way you'll still have an income but you will be working for a better cause and there will be a 'safety net' if things don't work out.

 

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[minivanman]

If you're worried about the negatives, work a 9-5/part time job while doing your entrepreneurial gig. That way you'll still have an income but you will be working for a better cause and there will be a 'safety net' if things don't work out.

That's what I was going to say. Why can't you work your J.O.B., have a side business (if it fails you get another side business. If it is a success you can build it to where you can quit your day job) and have fun all at the same time? Hell, I've had 5 businesses running at the same time, active in them all and had a hell of a time in my personal life. For that matter, I have fun even when I am 'working' so I usually have fun all day every day no matter what I do. So MY question is.... why can't you do it this way?

 

[crueldeceiver]

There's your answer. Go for it. You only get one life at a time so you may as well take some risks to improve it.

Why does starting a business have to conflict with having fun in life? There's plenty of time every day to do both. Either way though you're taking a risk. What if you try and fail? Will your life be that bad? I fail hourly - I'm used to it. But what if you try and succeed? How awesome would that be? It's not that big a decision, just get something rolling in business, there's no long lasting personal failure if you tried. If you can think of a way to help people then it's worth a try. The worst thing that can happen is you lose some money and you helped some people.

I love risk! Go for it. You can always steer the ship once it's sailing.

I totally agree...

The quote "Nothing worth having comes easy" can apply to all aspects of life, from your job to relationships. Anything worth havingtakes effort, so don't get discouraged when you're facing an uphill battle.Oct 2, 2013