Startups For the Rest of Us Episode 612 | Balancing a Side Project and Going Full-time on Your Product
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Jul 19, 2022 Dave Rodenbaugh, a veteran entrepreneur and repeat guest, shares insights from his journey of balancing a side project with a day job. He discusses the pivotal moment of transitioning to full-time on his product, Recapture, and highlights the need to unlearn bad habits from previous roles. The conversation dives into the dangers of the arrival fallacy and the emotions tied to financial instability. Listeners can expect candid advice on prioritizing tasks and managing burnout while pursuing entrepreneurship.
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Dave's Delayed All-In
- Dave Rodenbaugh delayed going all-in on his products for a decade because he prioritized financial safety.
- He felt unable to quit until Recapture reached 80% of his freelance income.
Rob's Early All-In
- Rob Walling quit consulting when his products earned $8,000-$9,000/month, less than his $20,000-$25,000 consulting income.
- His motivation for freedom outweighed financial concerns, unlike Dave, whose childhood experiences influenced his risk aversion.
Unlearning Work Habits
- Unlearning ingrained work habits, like fixed desk hours, is surprisingly difficult after going independent.
- Embracing flexibility and owning your schedule is key to enjoying independence and avoiding burnout.