21–29 of 29 posts
Yes - I already did once (do not regret it one bit) and would probably do it again! I would like to know when I am old that I did at least try to create something of my own!:)
and you never want to look back and say I should-a could-a would-a right?
No absolutely do not leave your six figure(!) job to do a startup. Your startup might fail and where will that leave you? Don't do it. Hang on to that job, get promoted, and increase your salary. Save your money very carefully and retire happy and well off in 30-40 years. You can always work on your startup in your off hours. That way you can still keep the dream alive, yet safely in the realm of a hobby. Just make s…
That said, if you DO have a six figure job where you only have to work 40 hours a week or less, staunch is actually right...you have lucked out and should hold on to that job until your side project takes off.
No absolutely do not leave your six figure(!) job to do a startup. Your startup might fail and where will that leave you? Don't do it. Hang on to that job, get promoted, and increase your salary. Save your money very carefully and retire happy and well off in 30-40 years. You can always work on your startup in your off hours. That way you can still keep the dream alive, yet safely in the realm of a hobby. Just make s…
I am leaving a six figure job at the end of the month. The issue with what you say is that six figure jobs are usually all encompassing. You work all the time. There just isn't enough time to work a six figure job and do much of significance on the side. Law, finance, medicine and even 6 figure hacking jobs... The one constant all of these share is: unpaid overtime. That said, if you DO have a six figure job where yo…
Earlier quoted context omitted.
I am leaving a six figure job at the end of the month. The issue with what you say is that six figure jobs are usually all encompassing. You work all the time. There just isn't enough time to work a six figure job and do much of significance on the side. Law, finance, medicine and even 6 figure hacking jobs... The one constant all of these share is: unpaid overtime. That said, if you DO have a six figure job where yo…
There are several reasons one may choose starting a startup over a corp job but "working all the time" is not one of them, in fact it's the other way around. If you hate the idea of working long hours and "unpaid overtime", forget about joining, let alone starting, a startup.
I am not sure why Jessica's post is in this discussion. She is pretty young, and I am not sure she has had a real job + startup experience to say what she is saying. While I agree that to do build a successful startup, that has to be your number one focus, and having a job will be really distracting. But, you can do some prototyping/idea vetting, while you are working full time, and quit only when you think you have…
No absolutely do not leave your six figure(!) job to do a startup. Your startup might fail and where will that leave you? Don't do it. Hang on to that job, get promoted, and increase your salary. Save your money very carefully and retire happy and well off in 30-40 years. You can always work on your startup in your off hours. That way you can still keep the dream alive, yet safely in the realm of a hobby. Just make s…
Regarding consulting, How would you pay your bills when your company is not profitable. I mean, see Twitter. Their valuation is way high but they don’t make money. So the only option to pay your bills and rent is to do consulting on the side or VC money (which I personally don’t believe in).
During school you have time to network, take advice from your professors (many of them are entrepreneurs themselves), and you have enough time to learn if your idea will work or not. I don’t say you will have tons of time to build a facebook while in school but you can build a prototype (version 0.1) and see if that will work.
I really like this idea “Join an early stage accelerator program like YCombinator or TechStars” because here you meet people who are also in the same state of mind as you are. You meet good mentors (probably best in industry). You get enough money to rent apartment. These programs are best for fresh college graduates. Try for 6 months. If it works, it excellent. if it doesn’t, no big deal. You learned something.