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Wellness Wednesday for October 5, 2022

The Wednesday Wellness threads are meant to encourage users to ask for and provide advice and motivation to improve their lives. It isn't intended as a 'containment thread' and any content which could go here could instead be posted in its own thread. You could post:

Requests for advice and / or encouragement. On basically any topic and for any scale of problem.

Updates to let us know how you are doing. This provides valuable feedback on past advice / encouragement and will hopefully make people feel a little more motivated to follow through. If you want to be reminded to post your update, see the post titled 'update reminders', below.

Advice. This can be in response to a request for advice or just something that you think could be generally useful for many people here.

Encouragement. Probably best directed at specific users, but if you feel like just encouraging people in general I don't think anyone is going to object. I don't think I really need to say this, but just to be clear; encouragement should have a generally positive tone and not shame people (if people feel that shame might be an effective tool for motivating people, please discuss this so we can form a group consensus on how to use it rather than just trying it).

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Don't overcommit. Startups in most markets are gambles, people will often found 3-5 companies before successfully exiting, but if you have relevant experience, you already know this. Working 100 hour weeks for lower pay for a company that's worth 0 in 2 years won't feel good.

Roll with the punches and learn fast. You have outsize responsibility and accountability, a single (serious) mistake can be extremely costly for the entire company. It'll be harder because there's not an entire team to shift the blame around with.

Watch out for interpersonal strife. This is unfortunately fairly common in early stage startups, high stress, big egos and small teams can lead to explosive conditions. My heuristic is more than 2 months of continuous friction/misalignment and infighting is a huge red flag, and 6 is a signal that the investors/board should get involved to see if there's anything to salvage.

Learn to enjoy it. Startups aren't really the golden ticket we make them out to be (especially early stage ones). If you're not having fun, accept it and move on. There'll be other ways to make millions.