That was my strategy exactly after quitting my former job (I was working as developer in a consulting company). My plan was to start consulting on my own, get

That was my strategy exactly after quitting my former job (I was working as developer in a consulting company). My plan was to start consulting on my own, get the deal flow running, bootstrap the consulting company and offload my work to the new guys with time. Then I would use the profits from the consulting company to fund my own startup(s) OR do some angel investing PG style. But then while I have been slowly probing and negotiating some odd 7 gigs, on my third actual meeting I turned a potential customer into a co-founder and we're currently working on the project he wanted to hire me for. By September we will see if the project takes off. If not - I will have spent my nest-egg by then, find a Job (for a year or so), save as much as I can and start out with the original plan again. Why do I like this plan so much? For one I have similar view of capital as Niccollo Macchiavelli had of soldiers - I would rather fail with my own than succeed with borrowed money. The reason being that here in central Europe - typical "angel" investor expects a 50%+ share in your company for any money they commit. And if I wanted a boss I would keep my original job.