Buying a House vs Starting a Company

When you consider buying a house for yourself, in most cases the price is already too high; most people can’t afford to buy it without a mortgage.

So if you visit a property site, in most cases you can easily see the mortgage calculator and check how much you could borrow a big chunk of money from banks and how long you need to pay it back. And if you do that, later you may have tax reliefs from the loan. Probably that is the only way we could buy our own home at this moment.

One funny thing is you can easily get a loan if you have enough income or savings than you don’t.

It is quite the same in our startup world. If you want to start a company, one of the most expensive costs would be your cloud bills. If you don’t manage well, you will see surprisingly high bills with no customer or usage at all. To cover this, you may need to apply for credits from AWS or Google. You can check all the time; they sometimes offer some nice accelerators.

One catch is that to get this, you need to join any startup program in your region and probably you also get investment from them, so again when you can pay your bills you will get free credits.

While it sounds reasonable, if you want to do your own thing and not pursue a VC-fundable business, it is quite impossible to get any support. Your idea or business model might then seem like a trend follower, not what you really want. That’s why some founders have more employee mindset than entrepreneur’s one.

If we really want to do our own thing, we have to do it without any other help, just like buying a house from your salary or income.

Probably that is why doing startups is not the same as it used to be.

#founders #entrepreneur