Entrepreneur

0 readers

1 users here now

Rules

No Personal Attacks - criticism of ideas is allowed, attacking people is not.
Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.

Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.

founded 2 years ago

MODERATORS

communick@indiehackers.space

How do founders who faced failure, and had to close their startup due to financial constraints, manage to cover their living expenses? (alien.top)

submitted 2 years ago by misfitzen@alien.top to c/entrepreneur@indiehackers.space

7 comments fedilink hide all child comments

How do founders who faced failure and had to close their startup financially support themselves? Usually, it takes a considerable amount of time to generate income from a new startup. Additionally, many employers are hesitant to hire former founders because they anticipate that these individuals might leave once their own startup stabilizes, or they may question the founders' skills, as perceived by recruiters.

you are viewing a single comment's thread
view the rest of the comments

[–] Nearby-Buffalo-6829@alien.top 1 points 2 years ago

Being an entrepreneur is tough as hell. There are a lot of successful stories out there, where they failed to mention all the downsides of entrepreneurship. It's tough as fuck. Sleepless nights, overtime work, no work-life balance. It's far what they perceive. I got close to burnout, and good thing I was able to redeem myself. Limited working works, and had activities. never went on therapy. Also, I used half my savings to get back on my feet. I'm in ecom since 2019. I can say, I made the right choice. Give this article a read, might be able to answer your questions too. https://www.cuppa.so/post/breaking-entrepreneurial-burnout-understanding-signs-and-recovery-strategies