While we took the route of quitting our jobs at HP and Microsoft to start our own business, this article I found on digg.com talks (link below) about 5 ways to use your current job to launch your new venture.
Since we decided to take the quitting route, I thought I’d comment on a few of our decision points (since they somewhat relate to the articles):
- Knowing how we work, we decided that doing something on the side would not give the venture the time it deserved. We figured, if you’re going to do it, then do it right and well.
- We figured that we had enough saved up to last enough time to determine if we have something worthwhile.
- We decided that with our venture, we didn’t need or want seed money. According to our analysis, we think we can launch it on our own funds and soliciting venture funding opens up a whole new bucket of things to deal with. We’d rather concentrate on building our product.
Of course there’s no right or wrong way to do it. If you’re thinking about doing it, just weigh all the options, do some planning, and have the confidence in yourself to follow through either way.