I’m currently a 30yo software engineer making around 200k in Switzerland with 7 years of experience.
While I make good money I’m so tired of the promotions play and making money for someone else that I want to start my own business.
I have plenty of ideas that I started but never finished because I’m missing knowledge such as law, or how to execute them. How did you start your business and how did you find your partners in crime to make that nice startup.
You learn along the way. There’s no way, you’re going to gather all the knowledge and create a perfect execution plan. Fail fast, learn and do better. You’ll be surprised how much better you get every time.
This is going to sound Cliche, but I found a good partner who is a go getter and understands some finances who I trust, then we jumped in the deep end. Used an online service to file with the state (In the US), each three in a couple thousand and just started working through problems one at a time and using what I heard in other departments at my day jobs to know what to watch out for. I guarantee that in 7 years you’ve learned more business than you think.
That much! Are u the best in the country? I have more years of exp and cang reach that salary in USA
By just starting
I’ve bought 2 and started 4
I left corporate as a chief revenue officer then chief executive officer, with an accounting & finance background by education.
I wouldn’t let lack of knowledge hold you back. These are excuses, masking fear for most.
One thing worth doing is mentally mapping the downside and upsides. The downside is never as dire as it seems. Then, when you realize the upside is infinity, you’re comparing a temporary possible downside, to a fruitful upside. But it isn’t about $ imo. If you find something you can throw yourself at you may not think of the $, comes naturally.
Are you looking to start a business in switzerland or some other country?
you make 200k a year? What’s your current lifestyle? And will any business you start be Able to afford the upkeep of it?
Simply put, money is king, saving money to start a business properly will save you trouble and headache.
I recommend living below your means and investing and saving money to them start a simple business that you fully understand