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by Mz 5508 days ago
I would ask how much of a runway that gives you and do you think you can get to profit in the time estimated? The answer depends in part on how much you spend each month and in part on how well developed your concept is, plus a few other factors. For example: Is $50K something you can live on for 2 years or is that six months living expenses? (etc)
1 comments

thanks mz...

the runway would likely be a year. id imagine that it should be doable.. to get a webapp running (im a great programmer) and profitable right?

i havent got a concept yet, although i have a lot of ideas (6+) that im starting to build the case for.

Whatever your estimates, usually double it or reduce it in half against your favor. Clearly that formula doesn't always work for everything but estimates are often off and things happen, you need to pivot, shit comes up and money runs dry, whatevers... So if you think it takes 3 months to launch, assume 6 but strive for 3 or sooner. If you think you got 12 months run way, assume 6 but strive for 12+. It'll help ground you in case shit happens. 6+ ideas is too many (but I think you already know that). Before jumping ship, I'd recommend getting somewhere with iteration, MVP, anything... that gives you indication that this is a good bet to jump ship for (to an extent). Run with it and hope for the best (READ: work your ass off). Good luck
Then I guess it depends on a) how risk tolerant you are b) how confident you are. If you can psychologically and practically tolerate the risk and rise to the occasion to earn money on the side if/when necessary (should your main gig not be adequately profitable in time), hey, jump. I would love to be in a position to jump.

Best of luck.