I would also like to add one more. #6. It is not easy! Prepare to put in long hours especially in the beginning. Prepare for it to take a mental toll at times.

I would also like to add one more. #6. It is not easy! Prepare to put in long hours especially in the beginning. Prepare for it to take a mental toll at times. You will second guess yourself, feel insecure, be consumed oftentimes with your business. You will now have thousands of bosses rather than just 1 or 2. Your customers are now your bosses and many of them will be requesting different things. You will have to learn how to filter through all of that noise and decide which to listen to and what to implement into your software. That is harder than you think. I think a lot of people have un-realistic expectations on being your own boss. I am not saying the 4 hour work-week hasn't worked for some but it has never been a reality for me. Maybe someday ;) I don't want to make it sound bad because it is not. It is just not as easy as many make it out to be either.