Episode 93
When is the sacrifice too much?
In this episode of Big Questions, Short Answers, I’m revisiting a topic I’ve discussed a few times on this podcast: the sacrifices I had to make to bootstrap and build my company. What’s “too much” varies by individual, but I talk through the choices I made and what worked for me and my family.
When I look back, I think the sacrifices were worth it, though some cutbacks were harder than others. Moving my family into a short-sale duplex and renting out the other half so we had no housing expenses? Worth it! Putting every penny I had into the company to make payroll? Sure, it worked out, but that might be too far.
At the end of the episode, I share some questions that can help you evaluate for yourself when a sacrifice is “too much.” Wherever you land, it’s critical to think about these questions before starting your business, and to evaluate as you go.
If you like this episode, check out these resources.
- Podcast: Bootstrapping
- Podcast: When should I quit my day job?
- Blog: Can we really have it all? Musings about sacrifice
More about the show: www.jackiehermes.com/podcast
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