I've been in a similar situation. My advice is to work in parallel. Maintain a steady income with minimal time investment and leave enough time on the side to w

I've been in a similar situation. My advice is to work in parallel. Maintain a steady income with minimal time investment and leave enough time on the side to work on your Startup. The key of course is having enough time on the side to be effective with the Startup. For many people, this is why they prefer Freelance/Consulting. Much easier to schedule and make your own schedule. I found Freelancing/Consulting to be too inconsistent for me personally, so I found an 'Industry Job' that only takes up 3-4 days a Week (alternating). This provides steady income, and leaves me 3-4 days a week to work on my Startup. Once the Startup shows enough traction to generate funding, then I will move to the Startup full time. On my first Startup I made the mistake of going full time with no steady income. In hindsight, I should have maintained a lower steady income instead of having no steady income. With no income, I effectively put a limitation on my ability to work the Startup full time. Unless the Startup gains traction, you eventually run out of money and end up back at square one (or square zero depending on the situation). Some people may be in really good positions that afford them the opportunity to work on their Startup full time and not have to worry about income. That's great for them, but for everyone else, it's 90 hour work weeks.