At the same time, if this $1-2m/y company has the typical 80% profit margin, I think it makes a great basis for starting the next company. Just hire a couple of

At the same time, if this $1-2m/y company has the typical 80% profit margin, I think it makes a great basis for starting the next company. Just hire a couple of people to keep the lights on, and get working on the next idea, now safe in the knowledge that you have the cash to pay for most things you want already, and you're doing the new idea for the fun and extra profit of it, not to put bread in your mouth.