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Save your money, adjust your lifestyle to allow you to live on a lower spending rate. Make sure your wife is supportive of starting something. Take your time a
by skmurphy 17y ago
Save your money, adjust your lifestyle to allow you to live on a lower spending rate. Make sure your wife is supportive of starting something.
Take your time and find at least one partner. If you don't know them well do some smaller projects together first.
Older entrepreneurs bring social capital, commitment, and an ability to focus and persist (See http://www.skmurphy.com/blog/2009/10/02/three-advantages-of-older-entrepreneurs-in-b2b-startups/ http://www.skmurphy.com/blog/2009/10/02/three-advantages-of-... )
- alabut 17y agoThat's great advice, Sean. I'd also add going to local groups like the one you host, Bootstrapper's Breakfasts. I went to one last year when I started a side project with a friend and got a lot of great feedback. Semi-regular meetups are the kind of thing that can help keep up the momentum over the long haul.
- sireat 17y agoYou can be a great half(or third) of a startup team, but you would need at least a marketing guy/girl(and possibly a business process/accounting person). Finding one you can work with might be the hardest part.