A close friend of mine has been struggling with his startup for the past 2 years. He’s dropped out of school to work on it full time and is still working hard on gaining traction. He has recently moved back to his parents house so he could keep his expenses low and not have to take any funding. His diet primarily consists of Ramen Noodles and whatever fruit is on sale. His income is under $15k a year.
His lifestyle isn’t this way because he lacks options. He’s turned down Angel funding on 4 separate occasions. Within the past week he’s turned down two different jobs (which would have require him to quit his startup) where both companies were offering six figure salaries. Many of his friends called him foolish.
He isn’t looking at the startup world with rose-colored glasses. He knows that entrepreneurship is a bipolar existence. You can embrace his idea or dismiss it, but you can’t ever shake his faith that his startup will make it. Job security, comfort, and money paled in comparison to the thought of him building a startup.
As I’ve talked to more entrepreneurs about my friends experience, I’ve discovered his story isn’t unique. Many entrepreneurs are driven by an intrinsic belief that what they’re working on truly matters. Despite all the odds stacked against them, they believe their startup will succeed.
This sort of lifestyle can only come from a love of the game and belief in your startup. I absolutely love this about the startup community. Just remember, you’re not entitled to anything. Hustle for everything you’re worth.
Be foolish enough to believe you’ll make it.
For more startup news, please follow us on Twitter @startupfoundry.