• Was Mortgaging My Life Worth it?

  • Aug 26 2024
  • Length: 38 mins
  • Podcast

Was Mortgaging My Life Worth it?

  • Summary

  • In this episode of the Startup Therapy Podcast, hosts Ryan Rutan and Will Schroter delve into the sacrifices that come with building startup companies. They explore the dangerous ambiguity of not having specific goals and timelines, using personal anecdotes to illustrate the costly trade-offs. Will reflects on his milestone birthday and the realization that 'later' never seems to arrive, sparking a discussion about the true worth of deferred happiness and success. The conversation underscores the importance of quantifying goals and ensuring that sacrifices made today lead to genuinely rewarding outcomes. They emphasize that the journey must be carefully balanced with immediate gratification to avoid a future riddled with regret. Through vivid storytelling, they highlight the crucial lessons for founders on how to navigate the complex landscape of ambition, sacrifice, and personal fulfillment.

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    Resources:
    Startup Therapy Podcast
    https://www.startups.com/community/startup-therapy
    Website
    https://www.startups.com/begin
    LinkedIn
    https://www.linkedin.com/company/startups-co/

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    Wil Schroter
    https://www.linkedin.com/in/wilschroter/
    Ryan Rutan
    https://www.linkedin.com/in/ryan-rutan/

    What to listen for

    00:21 The Danger of Vague Goals

    00:57 Personal Reflections on Sacrifice

    02:16 Quantifying Sacrifices and Rewards

    04:03 The Reality of Sacrifice

    05:27 Anecdotes of Sacrifice

    15:08 The Moment of Truth

    18:04 The Grand Experiment in Beverly Hills

    18:36 The Struggles of Finding a Home in LA

    19:07 Realizing the Cost of Living in Bel Air

    20:34 Questioning the Move: A Moment of Clarity

    23:10 The Decision to Return to Columbus

    23:21 Reflecting on Sacrifices and Rewards

    25:42 The Founder's Paradox: Happiness vs. Sacrifice

    28:31 The Reality of Achieving Success

    35:27 Balancing Sacrifice and Returns

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