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Terrible advice! Also, if your side-job is at _all_ related to your main job, be very careful, and lean towards quitting sooner rather than later. Talk to a lawyer to make sure you'll actually own your side-work and get your documents in order. Figure out a realistic assessment on how cheap you can actually live. This will be different for different folks. Examine your savings. See if you can get some Angel Investments (know any rich people you can convince that your idea is good?) This analysis will tell you how long you have until you need to find another job for someone else and give up. I'd be scared if this number came up as less than a year. If it is a money-making idea, and you can get some angel money (or VC, or have a nice nest-egg), don't hesitate to hire people with the skills you don't. Particularly sales, marketing, and CEO. Geeks think we can fake these, and I've faked sales better than a salesman can fake code, but it was a mistake. If you can do the math, see that you've given yourself enough time to develop a product and give it a chance in the marketplace, can hire the key personnel and afford them, have an actual business plan - go for it! Especially if you're under 30. The downside to a failed startup is actually rather small, and I've found people like it that I've founded a company on my resume, even if it didn't succeed. And if you create something people will actually pay for, hey, congrats! |