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ukcto

1 karma · joined June 11, 2014

I'm a UK-based CTO with 4 startups under my belt.
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ukcto··on Our startup is failing, but we have a powerful team
randomflavor, we're in a very similar situation. Exceptional engineering team, but the business is still not quite there. We're still working on our product, but have spare resources that we don't want to see go to waste. If interested, let me know how I can reach you.
ukcto··on Ask HN: My Job or my startup?
I agree with this comment.

Very often founders underestimate how much hard work, resources, and calendar time are required to make their company successful. They also overestimate the absolute value of the return. Typically, building a revenue stream is a slow organic process that takes quite a while until it can support one, not to mention several, co-founders.

If you have a cash buffer, go ahead and quit your job. But even then, don't do it without a plan of how much time (or how much of that buffer) you're ready to spend on your startup. Be specific.

Unless you can already smell money, accept that you will make 0 for months to years. And then you'll be making chump change for more months to years. Can you afford this?