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Should a parent with young kids try to bootstrap a new startup?

Podcast |: Build Your SaaS
Publisher |: Transistor.fm
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Management & Marketing,; Podcasting,; Podcasts,; SaaS,; Technology,; Web Development
Categories Via RSS |: Business,; Marketing,; Technology
Publication Date |: May 09, 2023
Episode Duration |: 01:05:43

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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Rewardful.com
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Mitchell Davis from RecruitKit.com.au
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Bill Condo (@mavrck)
Ward from MemberSpace.com
Evandro Sasse
Austin Loveless
Michael Sitver
Dan Buda
Colin Gray
Dave Giunta

🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast!

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