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STARTUP/BIZ

S1 ep.3 - Me v2

problem

It's sort of funny (well very funny) that I already have a different viewpoint in my life/career since the last time I wrote the first post about me. I guess 20s are really that dynamic. 

I think two things happened that made me change my mind.

  1. I was too focused on external factors, such as salary and other's people's perception of me. I felt a little bit insecure about myself. Some of my friends who are developers make a lot of money. Like, 6 figures fresh out of college a lot (given that the company is based in San Francisco, but still!). I made almost 50% of that, and they were younger than me. I felt pressured to make more money, since that's the most *objective* measurement that demonstrate my value (duh!). But then I realized, a 10k, 20k hell even 50k of difference in our 20s don't matter that much. We are still pretty young and have a lot of potential to change our future paths. Also I realized making more money by doing something that I don't enjoy is NOT WORTH IT AT ALL.
  2. I realized I'm not into programming. There are a lot of programming bootcamps that promise you 6 digit salary upon graduation. I mean, think about it. You spend 20k tops, and spend about 12 mo. doing this programming thing full time and this will let you change your career, probably into a much better paying one. And honestly, I was thinking a lot about signing up for one. But instead of blowing my nearly non-existent savings account and taking another debt, I did some online courses to see if I truly enjoy them. People say you need to be able to enjoy coding, otherwise it's going to be a huge pain in the ass. So I did that for a bit, and I realized I don't like programming at all. Hypothetically speaking, even if I controlled for my grit, my interest level would have been really low. So I decided it's not my path.

Solution

So I thought about some things I like and I don't based on different things I have done in my 24 years of life. I've reached to the following conclusion:

  1. Engineering: well. just no and finally, a firm NO to patent stuff.
  2. Bio/Medical relayed stuff: never found it interesting. AP Bio sucked (freakin B- in my transcript for the first time. screw you). Doctors are pricey, not cool
  3. Programming: No talent, no interest, I care about how I dress a bit too much lol.
  4. Video: I like this, and I don't plan to give up doing this as a hobby, so this is a triangle for now. Maybe if I'm lucky and consistent, I could flip this into a profession.
  5. Finance: I didn't realize back in college, but I think I like this. Wall Street has always been a mystery for me, and I'd find myself reading finance related books and other materials. Also, business finance terms I use everyday like NPV, IRR and business cases are pretty interesting to me.
  6. Startup: I love coming up with new ideas, just for the sake of it. This will always be part of my grand plan, hopefully.
  7. Money: $$$. doesn't need any further explanation.

From this list, I took a step further and made an extrapolation: I like Finance, Startup and Money and at the intersection of these three, there's venture capital. And venture capital is interesting for the following reasons:

  1. It's symbiotic: You are working with startup companies and are helping them grow. They need to be successful if you want to be successful. I find Private Equity and Hedge Fund are driven by greed, because all they care about is the exit value, not the future of the company (nothing wrong with this. After all this is one capitalistic world that we live in, but if you are on the other side, it could be quite detrimental). 
  2. It's fun: You get to interact with other people a lot, and listen to their exciting ideas. Like I said, i like coming up with ideas and listening to other ideas are interesting as well. Apparently, turning down their pitch is another side of the story, but anyways..
  3. You could make a lot of money: I'm not saying this happens all the time, but VCs, if you make a homerun, you will make a lot. I heard original facebook investor ended up with 4100% return on their investment. There might not be another FB, but it's still exciting to think about it.

Conclusion

To make this happen, I started studying Corporate Finance afterwork, and restarted this blog to share my ideas about startup companies. I eventually want to launch a product in a near future, but that'll be on another post related to startup. Then eventually, I'd have to go and get a MBA degree, which requires me to study GMAT (ugh). But yeah, it'll be much better than studying programming and hating myself for not being smart and not having a grit. At least I have something to look forward to after work and that's not wasting my time on binge watching new episodes of Prison Break!

 

 

 

 

 

 

Taeyang You