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by maxklein
5639 days ago
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The chances of you making more money with your startup are pretty low. The chances of you being very stressed out are pretty high. It makes little sense, what you're planning. You have a steady income now and a good skillset, and you want to throw that away and start something where you have no skills at all? You'll probably fail. The OBVIOUS choice is simply to spend an hour everyday designing your product. Then hire people to build it for you. You are under no time pressure, as you have already a lot of money. Think of it like writing a book - would you quit your job to write a book? Just do this in the evenings, if it will work, you will know the right time to quit your job. It will be obvious. But leaving a highly paid job to do something that has a > 90% chance of failing is silly. Even with > 1 million users a month, it's difficult to make $300.000 a year on the web. |
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1) If he keeps his high paying job he won't have the motivation to work on his startup. That's more likely to lead to failure than jumping in with both feet.
2) Why does he have >90% chance of failure? Who calculated that statistic?
3) Who cares about 1 million users? He doesn't need that. He needs paying customers. He can do very well with 500 customers or less.
4) Why does he have to make $300,000+ to be considered successful? Clearly he isn't happy and isn't driven by money. What's the exchange rate for taking pleasure in your work?