Woes of a hopeless entrepreneur.

4 replies
Not looking for a pity party in my honor, just venting a little bit. I hope that's ok.

I know there are probably thousands out there like me who have endless business and product ideas. Ideas that we are incredibly passionate about and ones we are confident would also probably make us a fair to above average living. My bigger ideas would make me a millionaire all while feeding my passions.

Most of my ideas are born of problem solving and not so much the financial side. That being the case, I'll have the brilliant idea, do a quick analysis in my mind, and realize all the reasons why it's a stupid idea.

I work a 9-5 that isn't bad and gets me right at the cusp of 100k a year. All my friends are jealous but the job is definitely slowly killing me and eating at my mental health. Not a bad job, but so insanely passion-less. I have my job to fund my passion which is working on old cars and trucks and bringing them back to life.

I just feel like there is some way that I could make what I make now (or more) and have it be in some way related to my interest. It's what I obsess over. I'm constantly thinking of things I could do to make it feasible to leave this job and work for myself. Seems all my ideas are killed immediately after birth for being to risky, to expensive, or for fear of my passion becoming as painful as my current 9-5. I don't want to ruin my passion/hobby.

Truth be told, what I really want is to live in a world where I have enough money where I don't have to have a "real job" so all I have to do is just do ultimate restorations on cars and trucks without fear of having to make my money back on them. It's my form of art. Some people paint, some write music. For me, I can see a crappy old car and instantly get a vision of the glory it could be brought back to. Making that vision a reality is what makes me tick.

I have so many ideas that I don't do anything with. I have been at this job for now over nine years and I'm 30 years old. The younger me always thought that a good paying job was my destiny and where I should hope to land and retire from. Now it's starting to feel moremore like a death sentence. This is it? For at least 30 more years?? I just get to come to work every day and pray for the sweet relief of death? God willing I'll make it a whole 20 years past retirement? Wtf kind of life is that?

My dreams seem so easy in mind until I analyze them. I want to open a business where I have around 10 employees and the business would be all about fixing up old cars and selling old car parts. I can imagine the work space and the warehouse area. But then, how do I hire qualified people? How do I pay them? How do I find the money to rent a place? How do I get competitive pricing from parts distributors? How do I even find parts distributors for the parts I want to sell? How do I figure out what laws I need to follow? How do I find the manufacturer of parts and have custom/improved ones made for me? If I can even find the manufacturer of the parts I want customized, how many cagilion dollars will they want, that I don't have, to produce them?

Those thoughts and fears kill all my ideas in similar fashion.

The worst part is, the only part of the grind that I'm any good at is actually working on the cars and trucks. I can't seem to be bothered to slow down to take pictures or document my process to post on my website to attract followers. How am I going to succeed if I can't even do a regular old blog?!

I keep telling myself it will happen when the time is right. But what if I just wait until I'm dead?

I don't know what I'm going to do but I hope I figure something out... Btw, this post doesn't require a response unless you feel compelled to. I'm really just venting my frustration with myself in a place where I think people will understand where I'm coming from.
#entrepreneur #hopeless #woes
  • Profile picture of the author AriCooper
    It took me 4 years (2006-2010) before I made any real money online, well enough to quit my corporate job anyways.

    I was like you, I made good money, 9-5, but it was draining me of my sanity and more importantly:

    My freedom.

    I'd work 40 hours a week in corporate world, and 80 hours a week on my business. I rarely slept. I kept plugging away.

    Today, is about 6 years without having a boss.

    Being an entrepreneur isn't easy... or everyone would do it, right?

    The ones who success, are the ones who have the most grit. If you're smart enough to make 100K a year in a corporate structure, I'd like to think you're smart enough to build a sustainable business.

    One quick tip: Try not to think so much on an idea with respect to how bad it sucks. I can go from idea, to finding a product, to running traffic within 45 minutes to know if I have a "winner" or not...

    It just took me a while to get to that point. Lots and lots of hot stoves were touched.

    Good luck & sending good vibes.
    {{ DiscussionBoard.errors[10904200].message }}
  • Profile picture of the author Odahh
    Originally Posted by y5mgisi View Post

    Truth be told, what I really want is to live in a world where I have enough money where I don't have to have a "real job" so all I have to do is just do ultimate restorations on cars and trucks without fear of having to make my money back on them. It's my form of art. Some people paint, some write music. For me, I can see a crappy old car and instantly get a vision of the glory it could be brought back to. Making that vision a reality is what makes me tick.

    I have so many ideas that I don't do anything with. I have been at this job for now over nine years and I'm 30 years old. The younger me always thought that a good paying job was my destiny and where I should hope to land and retire from. Now it's starting to feel moremore like a death sentence. This is it? For at least 30 more years?? I just get to come to work every day and pray for the sweet relief of death? God willing I'll make it a whole 20 years past retirement? Wtf kind of life is that?

    My dreams seem so easy in mind until I analyze them. I want to open a business where I have around 10 employees and the business would be all about fixing up old cars and selling old car parts. I can imagine the work space and the warehouse area. But then, how do I hire qualified people? How do I pay them? How do I find the money to rent a place? How do I get competitive pricing from parts distributors? How do I even find parts distributors for the parts I want to sell? How do I figure out what laws I need to follow? How do I find the manufacturer of parts and have custom/improved ones made for me? If I can even find the manufacturer of the parts I want customized, how many cagilion dollars will they want, that I don't have, to produce them?

    Those thoughts and fears kill all my ideas in similar fashion.

    The worst part is, the only part of the grind that I'm any good at is actually working on the cars and trucks. I can't seem to be bothered to slow down to take pictures or document my process to post on my website to attract followers. How am I going to succeed if I can't even do a regular old blog?!

    I keep telling myself it will happen when the time is right. But what if I just wait until I'm dead?

    I don't know what I'm going to do but I hope I figure something out... Btw, this post doesn't require a response unless you feel compelled to. I'm really just venting my frustration with myself in a place where I think people will understand where I'm coming from.
    you do not need to go all in ..if you have a job ..resotre cars in your spare time ..learn the skills you need and who has the skills you need ..who can do what you can not..and are not interested in a full time job but will work for a case of beer and pocket money ..

    track you cost learn the ropes ..see if you really like doing it..build your contacts ..put the money you make away until you either can go full time..or you get downsized, righted .. headcount reduced ..what ever companies deside to call cutting staff ..

    when you have a business with employees ..the government makes a lot more money from it than you do ...you can probably make 100k or close restoreing a few cars a month on your own and hiring people for spot jobs ..
    {{ DiscussionBoard.errors[10904229].message }}
    • Profile picture of the author y5mgisi
      Thanks guys! I would honestly just restore cars in my garage for a living but my biggie is how unsustainable that is. A full day of up and down and around a car already takes its toll on my body. It would be just about impossible as I get into my advanced years. So I really want to start something that ultimately I can either walk away from or that requires not so much physically demanding work. But you guys are totally right on what you have said so far.
      {{ DiscussionBoard.errors[10904251].message }}
      • Profile picture of the author Odahh
        Originally Posted by y5mgisi View Post

        Thanks guys! I would honestly just restore cars in my garage for a living but my biggie is how unsustainable that is. A full day of up and down and around a car already takes its toll on my body. It would be just about impossible as I get into my advanced years. So I really want to start something that ultimately I can either walk away from or that requires not so much physically demanding work. But you guys are totally right on what you have said so far.

        truthfully you are 30 years old you are in a far better financial position than most people your age .. you want the easy thing to do.. back down your lifstyle so you only live on about half your net income and get out of debt and run something small in your free time to make extra money ..so that you can save it ..and learn to invest it yourself in thing you are comfortable investing in ..

        so if you are making 100k a year .. learn to live on 30k a year .. hell buy a house .. get roomte to help pay the mortgage ..off fast ..or look for a house with a garage big enough to work in and a room on top of it .. live in the room and rent the house out so you get rental income and make money restoring cars while you are still working ..

        once you can live without needing a w2/1099 job.. you are free to build many skills that can earn money .. and if you have a huge pool of savings that you know how to invest to earn money .. no debt and a paid off house ..you can pretty much retire then ..

        or you can keep working until you get layed off.. living the lifestyle you can off 100 k a year..and dreaming about different businesses ..that may require little work ..

        there are a lot of options for you because you seem to be in a good position now .. but i think the whole work smarter not harder thing .is a mental block on your path . ..just get out of debt save money and learn to invest it .. you may even look at flipping mobile homes
        {{ DiscussionBoard.errors[10904310].message }}

Trending Topics