What traction do you need to see from your product so you would consider quitting your big tech job?
Shawn Pang
2 replies
I know each person has a different risk tolerance profile... feel free to share the category you are in...
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Daniel Wasserlauf@daniel_wasserlauf
Paigo: SaaS Billing on Autopilot
I don't think that traction is necessarily the indicator that a person should be looking for to leave a comfy job. I left a good job for a startup with 0 customers, and no product built.
If you're able to make it work for 6 months or a year and doing a startup will enable you to go through significant professional growth, then I think its a worthwhile investment of energy and time. Most startups fail, and thats ok, many startups don't get any real traction either.
That being said, I think if you have a family or other dependents then starting a company should be a bit more considered, their opinions and needs matter and you leaving a stable job will effect them.
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For me, Shawn, it would be consistent revenue growth over six months that covers at least 50% of my current salary, coupled with a clear path to fully replace it. I fall into the cautious optimist category, where I need to see tangible signs of stability before making the leap.