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by atmb4u
1298 days ago
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I built and sold my first startup in my 20s and building another in my 30s with family and mortgage - I suppose I'm qualified to answer this question Short answer: yes, its possible 1. Find your niche and work 1-2 hours every day to create a strong pitch (a prototype and ideally a few early customers) - consistency is the key - EVERY DAY. Act with urgency here.
2. Raise a pre-seed round - this is when you quit your job. Yes, you are selling equity in your sweat. But there is no free lunch - you want to keep the living standards and also, stop working full-time for someone else - you need cash flow. There is a probability that you identify a really good problem and you grow customer base really quickly - that is very less likely in my opinion. Once you have some capital, you'll have a larger canvas to paint - it changes the mindset to be faithful to people who trusted you with their money and also, brings in so much of focus. There is the whole weekend hustler concept - I am not a big fan (I made more progress in 2 months full-time compared to what I could make in 2 years working on weekends) What's the worst that could happen? Just do it. Two mantras for you: Focus on intent; Always measure impact |
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