Who works full time at their own startup?
9 comments
Well... I am for at least a few days, since I got laid off from my previous day-job. I'd been doing the "nights and weekends" thing all along, and now I get a little while to work on this as much as I want. But the startup isn't funded yet and we don't have any revenue yet, so I'll be taking another day-job at some point. I've been chewing on the idea of just milking the unemployment benefit as long as it lasts while I work on the startup, but I already have some discussions underway about a new day-job, so we'll see.
In the meantime, it is nice to get up and spend all day working on my own thing; instead of working all day doing mind numbingly boring shit for a company that's not going anywhere. :-)
In the meantime, it is nice to get up and spend all day working on my own thing; instead of working all day doing mind numbingly boring shit for a company that's not going anywhere. :-)
I've recently quit my job to work on my startup full time. I do have some money saved up and am living cheaply. At some point you have to take a chance on yourself and do what you want. Life is too short to be working on things you don't want to do; that was the primary reason for me to devote myself full time. I also wrote about this in slightly longer prose, if you are interested:
http://www.akashkgarg.com/essay/therighttime.html
http://www.akashkgarg.com/essay/therighttime.html
I put way more time in my startup than my freelance and little part-time job (combined), so in essence, I try to have as little expenses as possible and live within my means with whatever money comes thru freelance channels until it runs out (rinse & repeat). My goal is to work full-time and earn more thru my own startup within the next six months.
Interesting. No one responded that does their startup fulltime without any other source of income or savings. I didn't even think about the fact that you could just be working on your startup living off your savings.
We've been working full-time with 2 co-founders, for almost a month now. We took a loan to finance it, and hope that we will start to make revenue soon to pay it back :)
The product: www.plumbr.eu
The product: www.plumbr.eu
We're doing it half and half. My co-founder has a day job and I'm working on the start-up full time while living off savings after working like crazy at my last job.
I've been working on my startup fulltime for close to 6 months now. I've been able to do it because of savings.
I've been working full-time on my own sites (I don't really think of them as startups), since 1997.
Does a 1-person company qualify as a startup? Because if yes i 've been doing it for 3 years
Are you able to do it because you make enough money or perhaps because you got funding?