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Startups: What are some things I should consider before I decide to give up my day job and focus on my startup full time?
DS
DS
Dr. Shishir Gupta, Angel Investment, Venture Capital, Idea Validation answered:

You must have heard about many stories of startup failures that surround businesses. You know that 9 out of 10 startups fail and that almost half of all small businesses close down before their 5-year anniversary.

It is the passion that should drive you in your startup. If you feel that this is the right time, then go for it. This reminds me of Gene Caballero, Co-Founder of GreenPal. Before starting his business, he worked as a sales coach at a Fortune 50 tech company. Having done both jobs for 4 years, he knew that at some point he was going to have to quit my day job to pursue his startup full time.

His tipping point was when they hit 500 transactions per week with GreenPal, which has been described as the Uber for lawn care. What this did was prove that their concept was something that could scale and allow him to leave with a better peace of mind.

I will be happy to discuss and identify your tipping point. Go ahead, setup a call.

Thanks
Shishir

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