Should a parent with young kids try to bootstrap a new startup?
Update: 2023-05-09
Description
In this episode, Justin speaks with Aaron Francis about being a new parent and trying to bootstrap a startup. Aaron argued the other side of Justin's tweet thread: "Wait until your kids are older to start a company." Aaron is well-positioned to talk about this because he has twins and is also bootstrapping Hammerstone with his co-founder Colleen. The whole conversation is a nuanced take on the topic and full of important insights, especially on:
- the risks involved (especially if you're not working a full-time job)
- the kind of foundation (mentally, financially, emotionally, relationally) you need to be able to take the risk
Highlights from this episode:
- (00:12 ) - Welcome Aaron
- (01:10 ) - Topic introduction
- (02:22 ) - What's Aaron's story?
- (05:28 ) - What is a maximum effort era?
- (10:56 ) - What are you willing to sacrifice?
- (15:17 ) - What's your daily routine like?
- (17:30 ) - Context matters in all of this
- (28:01 ) - Are you sacrificing social connections?
- (30:53 ) - Blind spots can affect you on your journey
- (33:23 ) - Pain vs risk
- (37:43 ) - Being on the same page as your partner
- (41:47 ) - Going to therapy sooner
- (43:51 ) - Building a good foundation
- (48:51 ) - Strengths, weaknesses, opportunities, and threats
- (53:54 ) - Sometimes it's easier to try getting a better job
- (01:02:42 ) - Where can people reach Aaron?
Thanks to our monthly supporters
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- Mitchell Davis from RecruitKit.com.au
- Marcel Fahle, wearebold.af
- Bill Condo (@mavrck)
- Ward from MemberSpace.com
- Evandro Sasse
- Austin Loveless
- Michael Sitver
- Dan Buda
- Colin Gray
- Dave Giunta
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