Why I Walked Away from Millions of Dollars to Start a Business Over From Scratch | by Rachel Greenberg | Dec, 2023

And three indicators you need to too.

Enterprise shouldn’t be like playing, however typically if you bump into a method, mannequin, or product that appears to kick off ridiculously optimistic, profitable returns, an analogous addictive property can come up. In different phrases, when you knew that for each greenback you set right into a enterprise, you’d get $8 again out, why wouldn’t you retain reinvesting all of your earnings in perpetuity till or until these returns drastically waned?

That’s precisely what I did for years, till a eureka second had me cease all the things and stroll away in favor of a brand-new, uncharted pursuit.

For those who’ve allowed monetary returns, straightforward cash, or no-brainer logic to dictate which ventures you do — and don’t — put money into and pursue, this text simply could supply an unconventional viewpoint you hadn’t thought-about. I’m not suggesting you need to goal to make things better that aren’t damaged, however I’m additionally right here to remind you that you simply’re nonetheless allowed to stroll away — and I’ll offer you three good explanation why you in all probability ought to.

Again once I labored in finance, recruiters would brazenly speak in regards to the “golden handcuffs” of a well-paying 9-to-5. In different phrases, some jobs are simply too comfortable, prestigious, or profitable to willingly stroll away from — even when there is perhaps a extra intriguing, thrilling alternative elsewhere (albeit one with a riskier return or much less assured end result).

Whereas the thought of “golden handcuffs” is not any stranger to the company worker’s verbiage, it isn’t so usually related to one’s personal startup. Why? Nicely, merely put, startups sometimes evoke the ideas of danger, unsure returns, and much from assured straightforward cash. Nonetheless, that doesn’t imply a profitable startup can’t evolve to carry hostage its founder, and in my case, I used to be shackled by golden handcuffs of my very own creation.

I consider there are two sorts of founders:

The logics, like myself, could have had sufficient braveness to take the chance on beginning a enterprise, however we aren’t so brazen, carefree, or optimistic…