Starting a Business When You Have Little Kids | Dimitar Ivanov on 0.1%

Simeon Ivanov:                    And how do you look at such failures now that you have two little boys? If you had them before and you had those two quite tough failures, would it have been different? Do you think that for people it's much easier and better to start early when they don't have kids?

Dimitar Ivanov:                   Of course it is, yeah. I mean, of course, it was easier for me to start to have these failures when I was 22, 23, 25, and to say, "Okay, fuck it. That was a mistake. Let's move on and do something else." Then it would have been now when I have a family, a house, a wife, two kids. I have 50 people working for one of the companies that ... I mean, 50 people, that's 50 families. And that's a lot of responsibility now and it would make it a lot tougher.

But also, let's not forget, that's a nice excuse for people. "Oh, it's much easier for you, yeah you started when you were 25." "Oh, it's much easier for you, you don't have kids." Yeah, okay, tough shit. You can decide if you want to do it, or you don't want to do it. Whether you can keep this comfort zone that you have with a nice job and with everything else that you've got.

So sure, it's easier. Would I do it again if I have to? Definitely. Would I do it today, tomorrow? Definitely. Because also that's another part. Now that I have the kids, I also have the responsibility not just to give them food and shelter, I have the responsibility to teach them. I have two boys, in case somebody besides our mother listens. One is three and one is one and eight months. One is three-years-old and one is one year and three months. So I have this responsibility to also teach them how to act and how to behave, and help to fight for what they want.

So, I would say I have even more reasons to do it, regardless of whatever situation I fall into.

Simeon Ivanov:                    I believe so too. The motivation is bigger now that I have two kids. I can definitely feel that and relate to that as well. And you also have much more experience, so you might have had a different advantage when you were 25 that you don't have now, but now you have different advantages that you didn't have when you were 25 because you had absolutely no experience. And to a big extent, maybe that's why you failed and that's why you failed big. Maybe you didn't start small, so now you know so much better not to do the mistakes that you did back then.

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