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by richpalmer2 5359 days ago
It's tough to overstate the amount of savings you should put aside. I'd say that even if you save for "18" months - there is a lot that can happen that you wouldn't even think to put on your expense plan, both in your personal and business forecasts.

My cofounder and I quit our jobs and had "12" months saved up according to our plan. 9 months in, and no revenue yet, we found ourselves with no runway left, and needed to get contracting jobs on the side. As Jacques mentions, when you take this approach, a lot of your "good time is spoken for".