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I am 23 M recent grad. Spent all my savings on doing a startup right after college. Had promised my dad that he need not worry and that I will be self-sustaining during my startup. My university's entrepreneurship department had promised me that they will support me for half a year by giving me roof over my head and small allowance for food. Therefore, I felt secure.
However, the startup did not perform as well as I thought. The university department decided to pull away the allowance. I ran out of my savings. I'm dead broke. I had to ask my dad for money to pay for food and shelter.
I feel ashamed of not being able to make it work, to not live upto everyone's expectations.
Most of all, I am ashamed of asking for money from my dad. He has spent most of his life in poverty and has very little savings. I plan to give my dad the money back as soon as I get a job. However, I still feel shame, anger, frustration -- all of that and stuck in this negative loop.
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- 5 years ago
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- reddit.com/r/startups/co...