I'm 29. I have a moderately successful lifestyle business. One day I'd like to either start a startup or become an angel investor. I'd like some advice on how best to get there. These jobs require either
1. Talent/experience
2. Money
3. A good network
And ideally all three. Right now I have sales experience with some self taught programming experience and a modest amount of money. I work alone so my network is pretty bad.
My business makes ~75k per year, but ties up $150k in equipment and inventory. It's a small business that will not scale too well. An increase in revenue requires an increase in capital and an increase in my time which I cannot outsource. I could probably double or triple the business max. Through my business I rarely meet interesting people to grow my network or grow much in terms of marketable skills besides sales.
I struggle a lot with how to spend my time. Maintaining my current level of income only takes ~10 hrs/week. Should I keep growing my business and just try to save and make as much money as possible or try to get more work experience and programming skills? Possibly go to grad school or a bootcamp code school and get a job programming for a few years?
I have a decent amount of money saved up, but not nearly accredited investor level($1M liquid). I have a BS in Industrial Engineering from a big ten school. I did not get a degree in CS. I've done a fair bit of self taught programming and side projects but that can only take you so far imo. I've never had a corporate job.
1. Talent/experience 2. Money 3. A good network
And ideally all three. Right now I have sales experience with some self taught programming experience and a modest amount of money. I work alone so my network is pretty bad.
My business makes ~75k per year, but ties up $150k in equipment and inventory. It's a small business that will not scale too well. An increase in revenue requires an increase in capital and an increase in my time which I cannot outsource. I could probably double or triple the business max. Through my business I rarely meet interesting people to grow my network or grow much in terms of marketable skills besides sales.
I struggle a lot with how to spend my time. Maintaining my current level of income only takes ~10 hrs/week. Should I keep growing my business and just try to save and make as much money as possible or try to get more work experience and programming skills? Possibly go to grad school or a bootcamp code school and get a job programming for a few years?
I have a decent amount of money saved up, but not nearly accredited investor level($1M liquid). I have a BS in Industrial Engineering from a big ten school. I did not get a degree in CS. I've done a fair bit of self taught programming and side projects but that can only take you so far imo. I've never had a corporate job.