Re:Any recommendations on convincing wives to let their husb...
by webwright on Friday June 22, 2007 @01:40PM
(#30085)
Bwahahahahaah!
Financial security as a selling point? What percentage of founders do you think achieve financial security as a result of a startup? 80% of small biz's fail in the first 5 years. A big percentage of the rest are "walking wounded" - doing well enough to pay the grocery bills, but certainly not secure.
Startups are high-risk / high-gain bets.
The best way to sell it is, "It's what I want to do. It's what would make me happy."
Presumably you have a relationship where that's important to both parties, right?
Setting an expiration date and a personal investment cap is good, too. i.e. "I want to try this for two years, and then let's re-evaluate. I'd like us to take on no more than $100k in debt, which is considerably less than a mortgage." And, dazzling her with visions of fabulous wealth can't hurt either. Bury her in articles about geeks who have built stoopid little web apps and made zillions of dollars.
Financial security as a selling point? What percentage of founders do you think achieve financial security as a result of a startup? 80% of small biz's fail in the first 5 years. A big percentage of the rest are "walking wounded" - doing well enough to pay the grocery bills, but certainly not secure.
Startups are high-risk / high-gain bets.
The best way to sell it is, "It's what I want to do. It's what would make me happy."
Presumably you have a relationship where that's important to both parties, right?
Setting an expiration date and a personal investment cap is good, too. i.e. "I want to try this for two years, and then let's re-evaluate. I'd like us to take on no more than $100k in debt, which is considerably less than a mortgage." And, dazzling her with visions of fabulous wealth can't hurt either. Bury her in articles about geeks who have built stoopid little web apps and made zillions of dollars.