Before quitting, how were you able to generate enough savings to live for 6 months / one year for you and your family?
Are those savings on top of your other savings, such as your emergency fund and your retirement fund/401k?
I have always heard the saying "Don't quit your job until you have proven your model". What's your success criteria for this?
Startups fail at a 90% rate. Most often it is when it is the entrepreneur's first. Want to understand how you're making sure your family is covered and when you decide that you're reasonably certain your idea will succeed (short of just confidence/hoping for the best)
syntheticproduct3 karma
Before quitting, how were you able to generate enough savings to live for 6 months / one year for you and your family?
Are those savings on top of your other savings, such as your emergency fund and your retirement fund/401k?
I have always heard the saying "Don't quit your job until you have proven your model". What's your success criteria for this?
Startups fail at a 90% rate. Most often it is when it is the entrepreneur's first. Want to understand how you're making sure your family is covered and when you decide that you're reasonably certain your idea will succeed (short of just confidence/hoping for the best)
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