Only stake what you can afford to lose. Unfortunately this is somewhat dependent on your socioeconomic background.
Don’t YOLO your life savings on a business unless you have a fallback. Take Microsoft: if that company had flopped, Bill Gates had a prestigious and lucrative academic career to fall back on.
Not having the anxiety of failure==material insecurity will free up cycles to develop your endeavour.
Don’t YOLO your life savings on a business unless you have a fallback. Take Microsoft: if that company had flopped, Bill Gates had a prestigious and lucrative academic career to fall back on.
Not having the anxiety of failure==material insecurity will free up cycles to develop your endeavour.