On: Rethinking 'Fuck You' money

[troygoode]

If you can make something that makes you $100k/yr why wait until you have already made your fuck you money?

[vaksel → troygoode]

because a lot of these niche $100K/yr products...hit the ceiling at 150-200K. So you have no security like you do when you have 5-6 million in the bank. Anything can happen...Google might slap your adwords account, someone might release a competing product etc.

And starting a lifestyle business with FU money, means that you can tough it out as it grows from 1 sale every other day, to 1-2-3-4-5-6 sales a day.

[lsc → vaksel]

If you can build a $100K/year product, why not do that, and then use that money as your runway while you build your five million dollar product?

building a company is /much/ easier if you don't have to worry about where rent is coming from three months from now.

[vaksel → lsc]

because at that point it's very easy to get complacent...and building up to $100K for a niche business still takes time and money.

[lsc → vaksel]

personally, I'd rather try to run a starup while fighting complacency than while either trying to wrangle investors or working a dayjob. I think complacency would be a lot less distracting.