They just got started. For a salary you are exchanging time for money. Don’t show up to work, don’t get paid.
As a startup you are building a product that other people buy. You are exchanging a product for money. Building a product has a big first time cost but selling to 100 customers vs million customers has a much smaller marginal cost (at-least for software)
In 5 years he could be making 100X median salary or 10X while putting 10% of normal work and let it sit on cruise control. Obviously there is a risk to startups.
But I applaud them sharing the Journey. Owning means of production is a very satisfying feeling.
As a startup you are building a product that other people buy. You are exchanging a product for money. Building a product has a big first time cost but selling to 100 customers vs million customers has a much smaller marginal cost (at-least for software)
In 5 years he could be making 100X median salary or 10X while putting 10% of normal work and let it sit on cruise control. Obviously there is a risk to startups.
But I applaud them sharing the Journey. Owning means of production is a very satisfying feeling.