this post was submitted on 30 Nov 2023
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Getting to your goal > achieving your goal. What you're going thru is pretty common., so you are not alone.
How long ago have you sold the company? And when does the non-compete ends? In what market? Maybe you can re-entree the market from another angle, so that you can build on your previous network and momentum.
Put 60% into savings and/or a safe investment heaven. And use 20% as starting money for your new venture. Identify honestly what made the first comp. successful, and what not.
Why did your previous projects fail? Too afraid to invest?
Was thinking similar. After non compete he can still build similar product. WhatsApp founder built Signal and there are many others I would think
This hits hard every time I beat the Mass Effect Trilogy... So I guess my advice to OP to fill the current void is to play the Mass Effect Trilogy. And then when they're done with that, start a new business to fill the void in their soul beating Mass Effect leaves. Sell that business. Rinse-repeat.
That's a really good point, I could invest 10k in the new project and see how it goes.
I think that my past projects failed because I was doing something totally different from the skills that I built with the previous project, and I wasn't giving them the necessary time to develop into profitable ventures.
Also fear of investing capital and wasting money.