I am so lonely. I am strong enough that I don't consider killing myself or anything like that but I feel so lost right now.
I am considering selling EVERYTHING (including the business and my home) and going really minimal. I have not lived minimally since 2006 (started making 100K plus since then). I am worth 2 Million dollars but feel like a failure. I know you will say 1st world problem and all but I have worked my ass off to get here and nothing came to me handed. I had to earn every bit of it. I work 60-70 hours per week on the business.
I am just so tired of this race. Trying to grow the business (solo founder), customers bullshit, employees bullshit and what not. My wife and I fight about doing upgrades in the house which is never enough. The more money we make, the more we are trying to keep up with in this rat race of materialistic things.
Looking for advice from people like me who went minimal since I think that may be a possible option for me. Live a simpler life and then focus on doing things that may bring back that sense of happiness I used to have when I was in college. I know I cannot be caged in corporate jobs. What do I do ? I do have 2 kids and a wife so I am not sure what do but I feel stuck in this life style.
Keep the house. Keep a car. Sell off some excess stuff if you don't use it.
Try hire in help for your Saas to the point where your team run the show and you guide them a few hours a week via conference calls (even if it means earning less).
Buy a cheap cabin or beach house somewhere a few hours away from your home. (Can be run down place near a small town, do not go for a rich getaway.)
When you feel the desire to have some space or go minimal. Escape to the cabin or beach house. Keep it really basic. No TV, just power, water and take a mobile internet connection.
You'll find the limitations while being away from your home help your rest well and recover.
At times you'll desire to go back home, so pack up and head back to your house.
Aside from that, take a vacation once a year if you can. Travel away from home.
That's my thought on this problem.
Last piece of advice. Don't sell your home, unless you have arrangements for another. You have kids and a home is a stable foundation for generations to come.
I know people who sold up only to find they could not buy back later.
- Hire so you can get that 60-70 hours a week down to 20 or so. You want to stay involved, but less intensely and in the areas that you care about.
- Make sure you are working out consistently. If you are doing some yoga, add weights and vice-versa. Check your diet as well: inflammation is a huge health issue that affects our mental health dramatically.
- Sell off/throw out stuff you don't use, especially clothing. A good spring cleaning is always a healing experience.
- Accept that there is nothing in this world will make you happy permanantly. Even minimalism. Even a good family. Even a good dog. C.S. Lewis said that this is evidence that we are not of this world, and I think he may have been right.
You have ascended to the top of maslow's hierarchy of needs and emerged into the desert of the real. It's time to think.
Yet I'm also extremely lonely, miserable, depressed and tired.
I'm not a doctor, but I don't think your mental health is related to your finances.
I would rather be crying in a million dollar house rather than an apartment with paper-thin walls, where I can hear my neighbor sneeze.
Could you hire someone and delegate 40 hours’ worth of work to them?
Or go further: could you move the business to a structure where you’re only working ~4 hours a week?
The question that it sounds like you want to answer is, "What am I missing?" Going minimal may help, but it also may not. The first step is to identify the problem that is causing you to feel the way you do, and that will open up avenues for solving that problem.
Speaking with a well-trained neutral/impartial intermediary is likely the best and fastest way to identify where your misery is originating from.
Advice for what to do beyond that is kind of like taking shots in the dark, without knowing what you're really solving for. The suggestions in the rest of the thread might be good, but I'd save them for when you have a clearer picture of what the problem is. Then, it'll be more obvious which techniques are worth trying.
Good luck!
For us that's currently getting a fixer-upper house that's a lot more remote than we're currently living. Not sure what it will be for yourself, but I'm sure there's something you'd rather be learning, even if it's as simple as making your own furniture. Lot more pleasure to be had from furniture than there is from code though. :)
And 60-70h/week sounds like a lot. Spending some of that time doing something mindless like walking/painting/cooking. Move the active thinking to the subconscious mind in those moments. It might actually help you see things in a different light.
Take a look at simonsarris instagram, I believe he also has a blog post about building their house. That's the sort of stuff I'm talking about I guess.
> I don't know what is fun to me anymore. I have no hobbies
Maybe you practiced a sport long ago, try giving that a go again? Or browse a couple hours on YouTube to see what kind of things peak your interest. The algorithm (will waste some time but it) should get better over time at throwing things you didn't even consider your way.
A few weeks ago, I was feeling really low and asked for similar advice. It really helped writing down my thoughts and reading various comments.
Since then I am feeling really motivated and sort of high on life. I think having an achievable goal is really important in life.
I decided that I was not happy with my work, so I will definitely make a change. Which was a huge stress reliever.
Then I told my boss that I am not feeling motivated at work and I need to move into management. We will see what comes of it but that made everything concrete.
I also started doing leetcode daily, it is boring and pointless but gives me peace of mind since this is plan b.
Then in personal life I am really focused on getting 8 hours of sleep, and other relaxation related activities.
Anyways my suggestion would be start with relaxation. Fix sleep, get massages, hire nanny or housekeeper.
I was also minimalist before marriage, and my wife’s consumption habits are really stressful for me. It is not even about money. I hate stuff and give away things for free rather have them take up space in my house.
I realized I cannot change my wife’s habits, so I am just focused my reaction to her habits. I have all my minimalist gear in one backpack in the house. Working on reducing my wardrobe right now.
Since you have a successful business, Selling it would not be my first step. But if business is still making you feel miserable then sell it.
I think my main point is make a decision to change something and work towards it.
Go see a professional, get off the internet - and fix your problems.
A lot of us lose our direction in life, multiple times. You've been walking down a road you're not sure about for too long.
You might end up changing a lot, or nothing at all. But get some help.
If I was in your shoes I'd..
- Focus on getting business into "lifestyle" mode. The goal is to work max 10 hour weeks while remaining as profitable as you are now (or thereabouts). Once you free up those hours (even getting to 40 will be lifechanging, literally), you'll have room in your life for other things. Right now you're married to your job. You can't have more than one relationship (OK you can, but this is a metaphor or whatever).
- Stop comparing your problems to everyone else. Yes, people are worse off than you. Yes, others are better off than you. It's not relevant.
Until you address the amount of time you have - nothing will change.
I have a similar situation but make way less money and work for a big tech company. Even at my level I have started to minimize my materialistic / hedonic treadmill tendencies.
Happiness comes with balance. Balance is obtained by moderation. Moderation is saying no to more things or doing more with less. At least my thinking.
Having kids while doing startups was hard. Sometimes it feels like the responsibilities never end. When my kids got a little older I found more time for hobbies. Pouring myself into hobbies really helped me - satisfied the workaholic in me but in a fun and not stressful way.
Really, take a vacation and get out of town for bit. Not sure what you like, personally I find Barcelona quite refreshing. Go and rent an apartment for a month.
And then once you're in a spot where you spend 10-15 hours a week overseeing things for your business, find a cause that is of interest to you and spend some time with your sleeves rolled up making a difference in it.
This is what worked for me. It was astounding to see what a bottleneck I made myself and after burning out and ending up in the hospital with a forced break my business is now in better shape than ever and I have a very simple role just overseeing things. Getting out of my own way was huge and opened up a lot more time with my wife and kids, coaching their teams, doing art projects, etc
Overall for me, i found that it's incredibly fulfilling to simply give and help others.
What makes you lost, but in a positive sense? Playing or listening music, books? Riding bicycle, running? Hiking? Physical activities tend to help.
Scale down these 60-70 hours per week, that's ridiculous. There's no life/work balance there. You're running a SAAS, in theory it just keep bringing cash. I know it's not like that but still, see how long the business can coast with your minimal involvement. Use that to your advantage. Who says that business has to always grow? Even if it slows down but you end up happier that's a net positive.
I can only offer some “bio-hacks” (but really they’re key science-backed natural health habits) to master to optimize the mental well-being of humans.
As they say, health is wealth.
First thing: sleep well.
Lack of good quality sleep is known to drive up anxiety, depression, cravings, forgetfulness, irritability, and countless other negative things. It also (perhaps ironically) leaves us feeling empty and constantly unsatisfied.
I’d recommend getting a good sleep tracker (Apple Watch or Oura Ring), and to be diligent about treating your 8ish hours of sleep a night as sacred—though not to become too anal about. It’s important for your energy and spiritual bank account.
Moving on…
Go on a walk every morning in the AM for 30-60 minutes. It’s been demonstrated to have great positive effects on your mood, not to mention your learning ability. I get high from long walks. Maybe it’s due to the fact that I feel that I’m in control of my life when I can be at peace doing “nothing productive” for an hour a day while walking on sunshine, especially before I do any work. On that note, flex your abs when you walk, and walk strong and proud as the godly creator that you are. IMHO if one cannot make time to walk or exercise or otherwise do good things for oneself, then one is enslaved.
Walk periodically throughout the day and look into the distance. For every ~45 minutes of work, we should ideally get up to walk and look into the distance for 5 minutes. Lack of doing this is known to make us feel trapped and can lead to feelings of depression.
Diet is also very important. I won’t spend too much time talking about this, but the Whole30 diet plan is recommended to try out alongside a proper sleep and exercise routine to optimize your mood and cognitive function. Try it for 30 days and see for yourself!
Otherwise minimize excess carbs, processed foods, and foods made with industrial vegetable oils.
Finally…
As others have mentioned, find a good therapist.
Delegate and outsource as much as you can. Your time is infinitely more precious than the extra money that you make.
All the best.
Feel free to reach out.
Not anything saas related at all but a hyper local thing based on your own physical tangible infrastructure. Become an essential utility in your small local community.
I would speak to your wife about what _you_ want to do (go minimal and sell the business) and try to find togetherness there. You are building on sand if you are not aligned with your wife.
I do have this one weird habit, leftover from my van life in South America, Europe and Asia. I keep all my daily clothes in a suitcase on the floor of my closet. Folded and zipped up. I don't know why, I just can't hang them up. Everything you own is a weight. It keeps you from being yourself. Your true self is who you are weightless, on the road and just coping with tough situations, interacting with new people, seeing strange and amazing things. Better if you're with someone you can share that with. But OK by yourself. Certainly better that than being by yourself in a big house.
I'm not single either, or quite as free as before, but the strain of covid and the general decline of conversation and the rise of all this complete horseshit online, the anger of the world and the number of crank lunatics in it, the breakdown of my family into squads of ultra-left and ultra-right fanaticism, the general thoughtlessness and lack of courtesy, the homeless on my doorstep and the shots fired down the street every night, all make me wonder what the fuck I'm doing here.
I guess if I were you I'd be asking my wife about taking the kids and getting the fuck out for awhile. March 1st the truck drivers are probably going to take this country apart for awhile, it sounds like. It's hard to dodge a bullet between covid waves but this would probably be the time. My ex tells me (I call her drunk) that I need a vacation. But she lived on the road with me for ten years, so she knows it ain't just a vacation I need, not like people who just go to Hawaii for a week.
My personal advice given the lack of travel options and the hit and miss levels of covid now would be, you can rent a beach house near Cabo Polonio in Uruguay for eh, $200/wk if you're ok with rough wooden floors and don't care about fancy amenities, quite a bit more if you do. Get someone to house sit and take your family down there before the cold weather hits (it starts to get cheap now, it's dead and cold by end of March). If you spend a month there and don't feel like coming back, then buy a van and go to Brazil. Who the hell is qualified to judge you?