As a product manager, I meet a lot of interesting entrepreneurs and successful businessmen. I met a really interesting owner today. He has a really large penthouse on 5th Ave in New York and employed only 5 people. His company solves, what appears to be, a very simple problem. He has been doing this for the last 18 years and he is really good at it. So good that he is now solving completely different and far more profitable problems for his customers.
Then I remembered a two week ago meeting with another successful friend and then another plug-in developer doing really well for himself.
These meetings make me feel inadequate. I often wonder if I would do better on my own as a business owner. These guys don’t seem any smarter. They are different because they are more ambitious. They are willing to take risks or were in a situation that they had to take a chance and make it work. And so they did. Then I remember “survivorship bias“. I’m meeting the best that have made it. I do not see the many that tried and failed. Just because I see folks hat ave made it… I believe I can do it to.
Its hard to throw a big paycheck away now in the hope of making a larger payoff. Plus, for me, now.. money is not in the equation as much as it was before. Finding something really fulfilling. Starting a business just for the money does not seem that attractive. I’d rather work on something that I enjoy or believe in.