[happyfeet]

Great post.

When I quit my job in big services firm, I went for advice before moving out & also to say goodbye to one of the vice-presidents (who had run his own start-up which was eventually acquired by this big services company).

His specific message to me was: make sure you have enough money to last 3 years and make sure all your partners will also be able to stick together for 3 yrs. Because anywhere between 2 to 3 yrs is the inflection point when people are forced to quit due to whatever circumstances. If you guys can successfully see through 3 yrs I am sure you'll all figure out ways to make money with your business.

He advised me to start looking at alternate channels to generate revenue right from day one: network & find training / consulting opportunities even while you are building the product. Even one or two weeks of such work in 2 to 3 months will go a long way in sustaining the business was his advice.