Someone told me their strategy is to work W2 until 50, bank a bunch of money, and then find a business to buy & operate.

I cannot stress this enough: get in the arena now, even if it's small. 

You may think you're learning a lot while working at a big company. You're not.

Reading Zero to One will not cut it.

Building IRL community at scale on River https://getriver.io (backed by @balajis.eth & @solanafoundation) | For fun:🚴🏻‍♀️💃🏻

I’ve heard this one as well. 

I get where people are coming but there’s two things they’re usually not considering:

1. Running a business will be harder than their last 30 years of a W-2. At that point of career there’s a good chance they’ll hate it.

2. Few businesses are bought 100% cash. If they wanted to, they likely could buy one today using debt. 

The only reason to wait is if you are gaining directly relevant technical and industry experience and relationships.

Building something new. Host: /venturecapital /adventures /theitinerant