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by rvz 2522 days ago
> 1) Start your business BEFORE you quit your job

I absolutely second this, but I would add a crucial section 1.5.

1.5) Also secure a seed-round to kick-start your company to test the for market fit. Then hire a few employees.

If after the seed-round it is either profitable or succeeds in the market and gets more investment, then it makes sense to quit your job and work full time for the startup.
2 comments
stingraycharles 2522 days ago
This assumes that OP wants to get VC money, which might not be everyone’s cup of tea. If anything, you’ll have much more leverage in negotiating a VC deal if you have actual paying customers.
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chasedehan 2522 days ago
No one is going to give you a seed round with you still in your current job. At that point you would be all-in if you raised a seed.
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LarryPage 2522 days ago
I got my seed round from acclaimed angel investor FF&S

Friends, Family & Savings

Don't let startup cash kill your idea before you give it a chance. Creative people can test an idea for next to nothing.

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