#21 Why Michael Lynch Quit Google to Work for Himself as a Solo Founder
Today we interview Michael Lynch to talk more about why he decided to leave his job at Google to become a solo founder, launching "Hit the Front Page of Hacker News", and his quest to achieve financial independence.
We also talked about going solo founder, and his financial independence journey.
00:41 Who is Michael Lynch?
01:58 Hit the Front Page of Hacker News
03:04 Courses vs e-books
04:00 How many copies were sold
05:04 Beta-testing the course before launch day
07:19 Financial Independence and becoming an entrepreneur
08:16 Financial Independence and travelling
09:16 The shock of going back to a normal job
11:08 Planning for Financial Independence by building a business
12:37 Mr. Money Mustache, the 4% rule and Early Retirement
14:16 How much you make vs How much you save
14:33 What does he want to do when he retires early?
15:12 Life expenses and business expenses
15:49 Negotiating a big salary at Google by getting multiple job offers
18:30 Financial choices in your 20's and the optimum strategy
23:05 A good salary for boring work isn't fun
25:56 Bootstrapping is very different than the startup life
26:48 Having freedom and control over the direction of your product/business
28:40 Prioritizing and evaluating business ideas
31:05 How to do market research
32:57 Lessons after quitting Google: content strategy, marketing, and distribution
36:59 Keep yourself motivated and don't put too much pressure on yourself
39:49 Advice to anyone who wants to quit their job and start a business
42:36 Final remarks
Links from this episode
Hit The Front Page of Hacker News Course
Michael Lynch's Site
Michael Lynch's Twitter
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