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Need Advice: Quitting Job to Learn to Code... (and start my business)

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Need Advice: Quitting Job to Learn to Code... (and start my business)

#1
Hey everyone.

So, I've been contemplating this for a while and really need some advice. I'll try to be brief, but I apologize if I drag this on.

I work full time at a job I hate. Although it pays pretty well... I work until 9+ PM 25% of my time (like this week). It will be like that throughout January and February, for instance. Additionally, my commute (which varies due to where I have to be) is often two hours a day.

Ultimately, all of this time kills my ability to really learn code and focus on my business. I lose out on hours AND on mental stamina. It sucks. I'm all for working hard and would easily work 10+ hours (and can stay focused fairly easily) per day on something I am passionate about (this would include coding as 1. I know it'll help me create my business and 2. I think I'll enjoy it)

Currently, I have designed a website mockup, landing page, reached out to potential customers, and now I know I need to create. I consider myself competent on both the business and design side of things. I've been making small attempts to find tech co-founder, but it's difficult with no real traction (and no friends who do any programming at all, although one who is willing to learn... but that's another story).

So, I am at a crossroads. I am incredibly dedicated when I want something. I love learning. And I really want my business to succeed, not just for my benefit even, but because I truly believe my vision can make a great impact.

At this point, it looks like it will be very difficult to find a tech co-founder. Most are already doing their own thing, working for a startup with traction, or looking to work for a startup with traction. Someone like me, understandably so, is last on the list. Even if I find someone interested, I will be a difficult judge of talent. Additionally, we will need to work well together, have visions that fall in line, and so on... the perfect match is probably impossible. Even finding a reasonable match is incredibly difficult. It could take weeks, months, over a year...

In all that time/effort spent looking for someone, I am confident I can learn to code and develop something. I don't expect to be incredibly proficient, but be able to create something useable I hope. My idea isn't rocket science here. It's taking common internet technologies and combining them together. Ultimately, it's an idea and business that hasn't really hit its stride yet. I'm betting on the fact that it will and I want to be the business that is a part of (or the reason for) that.

I just don't know what to do. Fortunately, I am living at home for now and stay put if need be. That eliminates some obvious costs. However, having an income is helpful. Additionally, I definitely don't want to "waste" time. I'm one of those people who is always moving and doing something... I account for all my time internally. I want to make sure if I do leave my job it's the right thing to do and that I don't spend months without an income and end up with nothing to show for it.

So, if you guys could give me your thoughts, suggestions, anything you want to say, I'd greatly appreciate it. I would approach advice regarding the decision itself (i.e. "Leave your job! Go for it!" or "Stay there! Don't leave!") or advice on how to approach the situation after a decision is made (i.e. "If you leave, approach learning to code by reading X, Y, Z..." or "If you stay, look for a tech co-founder by trying X, Y, Z or use your salary to outsource a minimum viable product"). Or anything else you want to say! Please!

Last thing... I just want to say this forum is awesome and I love reading through the threads and great news articles everyone posts. I'm glad I found it.

Re: Need Advice: Quitting Job to Learn to Code... (and start my business)

#2
you already know the answer. you just want us to give it to you in better sounding words.

we don't have crystal balls. fact of the matter is. if you have nothing to lose and everything to gain. go for it. calculate whats the most viable way and don't wast time .

Re: Need Advice: Quitting Job to Learn to Code... (and start my business)

#3
Sound like you are on the right track, and increasing your technical chops is definitely a good way to get to where you want to be or to at least give a better impression to potential future partners.

That said, sounds like from this line:

>I want to make sure if I do leave my job it's the right thing to do and that I don't spend months without an income and end up with nothing to show for it.

..that you are not ready to quit your job yet. It's a fairly high probability that this is exactly what will happen. If you aren't comfortable with that fact, then you don't have the risk tolerance necessary to go for this. At the least though, I can say that if you do go through with it, no matter the outcome, I highly doubt you will think you 'wasted your time'. If you look at the report-backs on HN of those who have failed, almost everyone has learned some skills and life lessons that made up for the experience.

Re: Need Advice: Quitting Job to Learn to Code... (and start my business)

#4

you already know the answer. you just want us to give it to you in better sounding words. we don't have crystal balls. fact of the matter is. if you have nothing to lose and everything to gain. go for it. calculate whats the most viable way and don't wast time .

by calculate i mean money wise. financials are scary but they have to be dealt with.

Re: Need Advice: Quitting Job to Learn to Code... (and start my business)

#5

Sound like you are on the right track, and increasing your technical chops is definitely a good way to get to where you want to be or to at least give a better impression to potential future partners. That said, sounds like from this line: >I want to make sure if I do leave my job it's the right thing to do and that I don't spend months without an income and end up with nothing to show for it. ..that you are not read…

Hmm... I guess I have to just think about what I meant by "nothing to show for it" to really think as to if I'll be okay leaving my job now and then looking back at what I accomplished. I think the way I worded it was too vague.

I realize I won't be raking in money or something. Hell, perhaps I won't even have my MVP close to implemented after those months. However, I'm completely content if I feel that I've made good progress in terms of my learning to code and being close to my goal of creating an MVP (which is really my main goal right now, learning to code being the path to that).

I guess I just want advice from you guys, as hackers, to someone who can just do HTML and CSS. Is it worthwhile to leave my job to learn code. Can I ever be proficient enough for a future tech co-founder or investor to care?

I guess if I learn enough to create MVP and gain traction, then that answers my question. Thanks for that reply, it helped me think that phrase through a little clearer. If I decide to leave, I'll have to keep my expectations on my accomplishments reasonable.

Re: Need Advice: Quitting Job to Learn to Code... (and start my business)

#6

you already know the answer. you just want us to give it to you in better sounding words. we don't have crystal balls. fact of the matter is. if you have nothing to lose and everything to gain. go for it. calculate whats the most viable way and don't wast time .

Ha. When I think about it... that is exactly what I want. It's just a tough decision. Even if I know I ultimately want to leave and pursue this full time, being that I've never done something like this before, it's nice to get some on it thoughts, whether reassuring or against what I'm thinking, just to help me.

Ultimately, what I have to lose is just potential income. My job is one that (especially in NYC) is in demand and I have the qualifications to get another job if things went south, so I'm not really afraid of being out of a job if I needed money.

To be honest, I really never want to go back to what I'm doing anyway. I don't know if anyone else feels like this at times, but every moment I slave away I think about how much I could be accomplishing if I could use my time how I wanted to use it. The job sucked before I had that nagging thought... now it becomes unbearable at times.

Re: Need Advice: Quitting Job to Learn to Code... (and start my business)

#7
- How many months of savings do you have?

- How much selling do you have to do to break even?

- How long do you have until you get that much selling?

That gives you the numbers.

Coding is not as easy as some make it sound (nor as hard as other make it sound). If you get the functionality working to a degree where customers are paying for it and sticking around, you probably can find a techie to revamp it.

Personally, I am sufficiently risk averse that for most products I've thought of, I'd have to see cash incoming before I quit my job.

Re: Need Advice: Quitting Job to Learn to Code... (and start my business)

#8
jaypreneur,

1) I wish you the best of luck. 2) As Buffett said, "Invest in what you know." 3) Hire the best you can afford to help you with the tech issues.

Regarding 3: You go and learn all you can, write some code, etc. The more you learn the more you will realize you are in over your head (I hope you learn that). Besides the security issues you have never heard of, or the scaling issues, or the caching issues, you are not a Developer!

To paraphrase Buffett, "Stick with what you know." If you have a good, marketable, revenue-generating idea then you are doing well. You can generate good ideas, that is great! Show your idea/attempt/mockup to potential tech co-founders. If the basics are sound any reasonable techie will see ways to improve it for you and take the bite.

I am sure that you did not mean to insult all of the techies out here by saying you can learn to code in a year a two, but there is much more to our craft than banging keys or struggling with memory leaks...we have experience that you will never have if you part-time half-ass it. Either become a "coder" full-time, or find someone that has. I am known to be a hard ass, so please forgive me, but you don't have to code the solution/vision yourself...in fact, please don't. Reading your post I see a lot of 'impossible' statements. jay, if you want your idea to move forward with realistic performance, hire someone. If you don't have the money, search for the money, if you can't do that, search for the talent. If you believe in your idea and can convince a techie to believe in your idea, well, your search is over. I am sure you have heard this before but "Ideas are a dime a dozen." It is true, even with mockups, but if you need a tech co-founder, I think you came to the right place.

Read 1) 2) 3) again.

FateCarver

Re: Need Advice: Quitting Job to Learn to Code... (and start my business)

#9
post #7

- How many months of savings do you have? - How much selling do you have to do to break even? - How long do you have until you get that much selling? That gives you the numbers. Coding is not as easy as some make it sound (nor as hard as other make it sound). If you get the functionality working to a degree where customers are paying for it and sticking around, you probably can find a techie to revamp it. Personally,…

Thanks for the questions. I will be asking myself those questions and analyzing the answers.

A question they bring up in my mind though would be the opportunity cost of creating it myself vs. outsourcing.

If I ultimately plan on finding a tech co-founder to come on board and revamp it, hopefully playing the part of CTO, then it seems wise to compare the costs of getting there via my own work vs. outsourcing, no?

DO IT MYSELF

Benefits

1. I learn skills that will help when doing simple iterations (before having tech partner on board), assessing future tech partner, and attracting tech partner.

2. I hate my job and would rather learn to code and build my business.

Costs

1. The time it takes to learn is time I can't be earning a salary. This could be up to 6 months or more. Let's say this costs me 30k.

OUTSOURCING

Benefits

1. I keep my salary (even though I hate my job) while MVP is created. This could be positive 30k+.

2. Outsourcing the MVP is likely far faster, let's say 2 months. This also means I can potentially get to customers faster and gain traction (maybe find partner faster as well)

Costs:

1. Of course, the outsourcing itself over those 2 months could very well be 250 hours of work. At 50 dollars an hour (reasonable?), that's 12.5k. Let's assume 10-15k range.

2. Unfortunately, I lose out in terms of learning, which helps in terms of iterating (before having tech partner) and finding and evaluating potential tech partner.

To me, it looks like outsourcing has the potential to save me in both time (a couple of months, at least) and money (15 - 20k). I guess I need to assess if learning to code myself extensively if worth that cost if I don't plan on really becoming incredibly proficient (as I recognize it takes years).

Any opinions on that analysis of the situation?

edit* I just wanted to mention I don't claim that my above analysis is accurate. It could very well take an entire year to develop a useable MVP myself, which would be 60k in opportunity cost. Additionally, the outsourcing estimate of 15k and 2 months could be 30k and 4 months, or more. I am not expert on the implementation and realize that. Please consider that and take the idea behind the analysis into consideration rather than the numbers themselves.

Re: Need Advice: Quitting Job to Learn to Code... (and start my business)

#10
post #7

- How many months of savings do you have? - How much selling do you have to do to break even? - How long do you have until you get that much selling? That gives you the numbers. Coding is not as easy as some make it sound (nor as hard as other make it sound). If you get the functionality working to a degree where customers are paying for it and sticking around, you probably can find a techie to revamp it. Personally,…

Thanks for the questions. I will be asking myself those questions and analyzing the answers. A question they bring up in my mind though would be the opportunity cost of creating it myself vs. outsourcing. If I ultimately plan on finding a tech co-founder to come on board and revamp it, hopefully playing the part of CTO, then it seems wise to compare the costs of getting there via my own work vs. outsourcing, no? DO I…

How old are you? Outsourcing? To where? Part of the problem is a "Tech Co-Founder" is already making $300k+ a year. If you want someone to throw a few hours your way, you need to sweeten the pot and step up the talk a bit. Some "Tech co-founders" would actually have to use their time spent on your idea as a write-off. jay, I'm not trying to smackdown on you but what do you have to offer your tech co-founder? Even if you learn to code, what can you offer? Will you need a Marketing VP too? Or legal advice? Or accounting help?
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