{"id":151023,"date":"2023-07-31T16:45:10","date_gmt":"2023-07-31T12:45:10","guid":{"rendered":"https:\/\/forbes.ge\/?p=151023"},"modified":"2023-07-31T16:45:10","modified_gmt":"2023-07-31T12:45:10","slug":"from-a-startup-founder-why-you-probably-shouldn-t-start-a-startup","status":"publish","type":"post","link":"https:\/\/dev.forbes.ge\/en\/from-a-startup-founder-why-you-probably-shouldn-t-start-a-startup\/","title":{"rendered":"From a Startup Founder: Why You Probably Shouldn\u2019t Start a Startup"},"content":{"rendered":"<p>There\u2019s this romantic vision of founding startup that doesn\u2019t hold up under close scrutiny. Sure, there are a few select cases where startup makes sense! But they are so rare, and it\u2019s so easy to fool yourself into thinking a bad opportunity is a good one, that it\u2019s really worth to slap yourself once or twice before jumping into a brewing volcano.<\/p>\n<p>One thing first though. This isn\u2019t a list of arguments about why startups suck, nope. This about what a startup CAN be like for MOST people.<\/p>\n<p>&nbsp;<\/p>\n<p>We live in a time where startups are the new Beatles &#8211; everybody loves them, everybody wants to be part of one and everybody wants to start one of their own.<\/p>\n<p>You can\u2019t escape the appeal. Startups promise a cocktail of innovation, camaraderie, and the ever-tempting prospect of making it big. It\u2019s as if we&#8217;re all stuck in a grand episode of \u201cShark Tank\u201d. You imagine walking into work, high-fiving your visionary colleagues, and casually changing the world before lunch.<\/p>\n<p>Yeah, no. When I think about startups I also think \u2014 chaos, uncertainty, permanent existential crisis and crippling dread.<\/p>\n<p>Like an iceberg, much of the startup reality is hidden beneath the surface of glamorous success stories.<\/p>\n<p>Today I want to talk about exactly that \u2014 the less-known dark side of startups.<\/p>\n<p><em>P.S. \u2014 I know, I\u2019m a hypocrite. I am a startup founder myself and wouldn\u2019t change it for the world but still, hear me out.<\/em><\/p>\n<h5><strong>Reason #1: The False Allure of Startup Stardom<\/strong><\/h5>\n<p>I get it. The startup world looks like a dazzling constellation of breakout stars, soaring stock options, and youthful CEOs. But the media&#8217;s shining startup narrative is largely an illusion, a pink mirage that hides the bleak reality of startup survival.<\/p>\n<p>Did you know that around 90% of startups go kaput? So much for the glamor.<\/p>\n<p>The Zucks and the Musks of the world, they\u2019re the exceptions, not the rule. The average startup saga is a grueling marathon, not a thrilling sprint to stardom.<\/p>\n<p>Sure, the headlines will tell you about those prodigious founders who went from zero to a billion in a heartbeat, but they won&#8217;t mention the graveyard of failed ventures, dreams turned to dust.<\/p>\n<p>Those dead startups? They&#8217;re the silent majority, the overlooked footnotes in the grand startup narrative.<\/p>\n<p>These hard working entrepreneurs don&#8217;t get their names mentioned. Instead, they&#8217;re confined to the catacombs of anonymity, becoming ghostly footnotes in the grand startup saga.<\/p>\n<p>Most of the time startups are more like a survival horror show and the elusive stardom is more phantom than fact.<\/p>\n<p>The overnight success story is about as common as finding a golden ticket in your chocolate bar.<\/p>\n<h5><strong>Reason #2: Say Goodbye to Your Free Time<\/strong><\/h5>\n<p>Ah, the sweet promise of &#8220;flexible work hours,&#8221; a euphemism in the startup world for &#8220;work until you drop.&#8221; Flexibility, in this context, is like a rubber band &#8211; sure it stretches, but remember it snaps back with a vengeance, usually at 2 AM.<\/p>\n<p>Startups operate on hustle culture steroids. Unlike established companies with 9-to-5 routines, startups run on &#8217;round-the-clock productivity spurts. So, if you&#8217;re picturing afternoon siestas and morning yoga sessions \u2014 just stop.<\/p>\n<p>Picture this instead: frantic Slack (or Discord in our case) messages at midnight, &#8216;quick&#8217; meetings that devour your Sundays, and, of course, the work-cations that are more work than &#8216;cation&#8217;.<\/p>\n<p>And this makes sense, because in a startup (especially as a founder) you\u2019re constantly in an emergency mode.<\/p>\n<p>While it\u2019s a myth that every startup requires you to work overtime every week, most startup employees put in 50-60 hours per week, and many founders put in 60-100 per week.<\/p>\n<p>Sure, Elon Musk might sing praises of his 100-hour work weeks, but then again, he&#8217;s a freak of nature who thrives on Martians dreams and Twitter wars.<\/p>\n<p>Your work doesn\u2019t just eat up your free time \u2014 the work becomes all the time there is.<\/p>\n<h5><strong>Reason #3: Emotional Turbulence, Anyone?<\/strong><\/h5>\n<p>&#8220;Embrace the chaos,&#8221; they say. It&#8217;s the startup mantra, the founder badge of honor. But let me tell you, it&#8217;s less of a gentle embrace and more of a chokehold. Here your emotions are the unsuspecting passengers of a rollercoaster designed by a maniac.<\/p>\n<p>One moment, you&#8217;re soaring high on the wings of a successful pitch, adrenaline rushing, dopamine pumping. The next, you&#8217;re plummeting into the abyss of a failed product launch, grappling with anxiety and staring existential dread in the face. It&#8217;s like living in a constant state of emotional whiplash.<\/p>\n<p>That\u2019s why I always say startup founders have only two modes:<\/p>\n<ul>\n<li>God complex &#8211; soaring high on vision.<\/li>\n<li>Existential crisis &#8211; getting slapped down by reality.<\/li>\n<\/ul>\n<p>A study from the University of San Francisco found that <a href=\"https:\/\/michaelafreemanmd.com\/Research_files\/Are%20Entrepreneurs%20Touched%20with%20Fire%20(pre-pub%20n)%204-17-15.pdf\">49% of entrepreneurs reported mental health conditions<\/a>. Emotional stability? What a joke.<\/p>\n<p>Professionals in these high-stress environments often find themselves facing alarming health issues before they even hit 40. You&#8217;re likely to end up in the ER before you make your first million.<\/p>\n<p>Startups may deliver an adrenaline rush but just like every \u201crush\u201d they leave you burnt out and utterly drained.<\/p>\n<p>Remember to put your well-being first. You can&#8217;t enjoy startup success if you&#8217;re too burnt out to appreciate it.<\/p>\n<p>Embrace your limits. Sometimes, saying &#8220;No thanks, I&#8217;ve had enough&#8221; could be the bravest decision you make.<\/p>\n<h5><strong>Reason #4: Job Security? Is That Some Kind of Joke?<\/strong><\/h5>\n<p>I\u2019ll be quick about this.<\/p>\n<p>Job security in startups is about as reliable as a politician\u2019s promises right before the elections.<\/p>\n<p>One moment you&#8217;re basking in the sun, celebrating a successful round of funding; the next, you&#8217;re on the verge of going bankrupt..<\/p>\n<p>Startups are like the Wild West: untamed, unpredictable, and not for the faint-hearted. A startup can be on top of the world today, only to be swept away in the tide of insolvency tomorrow.<\/p>\n<h5><strong>Reason #5: Equity, the Golden Carrot<\/strong><\/h5>\n<p>Ah, equity\u2014the golden carrot dangled before every potential startup employee, promising future riches beyond your wildest dreams. &#8220;Join us, and you could be the next startup millionaire!&#8221; they cry.<\/p>\n<p>Remember, 90% of startups \u2014 flop. So, for most, that golden carrot is just a mirage in the desert. And, even if your startup is among the lucky 10%, the road to cashing out is a long, winding marathon, not a breezy sprint.<\/p>\n<p>Then there&#8217;s dilution. Oh yes, every funding round eats a piece of your precious equity pie. By the time the payout comes, you might be left staring at a meager slice, wondering if all the blood, sweat, and tears were worth it.<\/p>\n<p>So, before you get hypnotized by the glitter of equity, even as a founder, remember: all that glitters is not gold.<\/p>\n<h5><strong>Reason #6: The Unsustainable &#8220;Hustle&#8221; Culture<\/strong><\/h5>\n<p>And last, but certainly not least, let&#8217;s chew on the infamous &#8220;hustle&#8221; culture of startups. I mean, who doesn&#8217;t love the image of caffeine-fueled coders hunched over keyboards, hacking away into the wee hours? The poster child for passion and dedication, right?<\/p>\n<p>This so-called &#8220;hustle&#8221; culture isn&#8217;t just about a little elbow grease. It&#8217;s an unhealthy obsession with work. It&#8217;s a marathon of overwork disguised as ambition, and it&#8217;s as sustainable as a boiling teapot.<\/p>\n<p>When we normalize this culture, we don&#8217;t just set unrealistic standards\u2014we build a time bomb ticking away at our health, relationships, and ultimately, our happiness.<\/p>\n<h5><strong>And&#8230; The One (BIG) Reason You Might Want to Start or Join a Startup Anyway<\/strong><\/h5>\n<p>Okay.<\/p>\n<p>That was depressive.<\/p>\n<p>There\u2019s a catch though. Despite the blood, sweat, and (yes, literally) tears that startups demand, I still think for the right kind of people (the fearless, the restless, and the downright stubborn) it\u2019s the best freaking environment for growth!<\/p>\n<p>One major reason? The chance of hitting the jackpot, of course. There&#8217;s nothing quite like seeing your fledgling idea morph into the next Google or Uber, turning you from pauper to prince overnight (okay, more like over many, many nights).<\/p>\n<p>But startup life isn&#8217;t just about the potential unicorn status. It&#8217;s also about growth\u2014rapid, intense, and sometimes painful. You&#8217;ll learn more in a year at a startup than you would in five years of cruising in a cushy corporate gig. You&#8217;ll pick up new skills, adapt, pivot, and evolve at breakneck speed, becoming a Swiss army knife of talent.<\/p>\n<p>And let&#8217;s not forget the thrill of creation. Building something from scratch, something that could potentially change lives\u2014well, that&#8217;s a high that no paycheck can match. There&#8217;s an undeniable charm in being the underdog, in fighting the good fight.<\/p>\n<p>Plus, startups can be the ultimate networking playground. You&#8217;ll rub shoulders with the industry&#8217;s brightest minds and may even stumble into a mentor or two.<\/p>\n<p>Fast-track career progression? Check. At startups, hierarchy takes a back seat to capability. Deliver results, and you&#8217;ll zoom up the ladder.<\/p>\n<p>So, in the sea of reasons why you shouldn&#8217;t, there&#8217;s one hefty, glittering reason why you might want to take the chance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s this romantic vision of founding startup that doesn\u2019t hold up under close scrutiny. Sure, there are a few select cases where startup makes sense! But they are so rare, and it\u2019s so easy to fool yourself into thinking a bad opportunity is a good one, that it\u2019s really worth to slap yourself once or [&hellip;]<\/p>\n","protected":false},"author":797,"featured_media":151027,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1747,1768,1756],"tags":[],"class_list":["post-151023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-opinions","category-tech","has-thumb"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>From a Startup Founder: Why You Probably Shouldn\u2019t Start a Startup &#8226; Forbes Georgia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.forbes.ge\/en\/from-a-startup-founder-why-you-probably-shouldn-t-start-a-startup\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"From a Startup Founder: Why You Probably Shouldn\u2019t Start a Startup &#8226; Forbes Georgia\" \/>\n<meta property=\"og:description\" content=\"There\u2019s this romantic vision of founding startup that doesn\u2019t hold up under close scrutiny. 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