Startup, raise money, cash out, repeat. That’s the narrative that Silicon Valley feeds you.
Problem is, that approach is not only statistically rare, it’s rarely successful. Most venture-backed companies fail, plain and simple.
On the other hand, we have the narrative of the typical small business owner. Long hours for long years in order to create a meaningful business and an enduring legacy.
But what if you took a different approach? What if you started a business that supported you while you walk away to enjoy life?
And when the urge strikes you to start the next thing, you do it — simply because that’s what you want to do. Sounds liberating, right?
That’s the approach taken by serial entrepreneur Sol Orwell, co-founder of Examine.com. Rather than positioning himself as indispensable to the organizations he creates, Sol works to make himself redundant, and then trusts his second-in-command to run things while he pursues other adventures.
We’ve talked about this issue in the past Unemployable episode Why Freedom is More Important Than Money or Status. Today you’ll hear from another person who lives that attitude, with tips for making it happen for yourself.