In today’s Startup Therapy Podcast, Wil and Ryan talk about the disadvantages of having wealth. People are drawn to Founders who are successful, who have money to spare. Most of the time, people, including family, expect you to settle their financial issues just because you have the money. It reaches a point where you’re expected to spend your money and not expect anything in return. The toxicity is just too much when it happens too often.

Sign up for the Startups Newsletter

https://www.startups.com/newsletter

Resources:

• Startup Therapy Podcast
• https://www.startups.com/begin

What to Listen For

• 00:00 Intro
• 00:26 Relationships and wealth
• 05:38 When people is all about wanting something from you
• 07:51 Some family members expect more from you
• 13:38 Founders are being judged by their wealth
• 16:41 Once you give something, you’re expected to give more
• 19:10 People tend to want to have your money too
• 23:24 Either way, you’ll be judged by how much cash you have
• 26:32 Assumptions are made when you have the means and resources
• 29:45 People with money can’t just give away what they have
• 33:29 The calls are now about financial matters, no more sincere connections
• 36:31 Everyone just wants to take from you but not willing to give back