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Quitting Your Job to Start a Business? Watch This First | TxO Start Up Hotline
@ a16z
04/22/25
Takeaways
KA
Kofi Ampadu
04/22/25
@ a16z
If you're constantly obsessing over how to grow and improve your business, it's a strong sign you're ready to take it to the next level. Being passionate about what you're working on will carry you through the inevitable challenges of building a company.
KA
Kofi Ampadu
04/22/25
@ a16z
Before leaving your job, ensure you've validated your idea. Market demand is crucial; do people actually want what you're offering? This validation can help you take the leap with confidence, knowing it's based on solid evidence rather than just a shot in the dark.
KA
Kofi Ampadu
04/22/25
@ a16z
Consider whether your business needs your full attention to grow. Startups thrive on momentum, and delays can mean missed opportunities. If your business could grow faster or perform better with your full-time commitment, it's worth considering the leap.
KA
Kofi Ampadu
04/22/25
@ a16z
Before quitting your job, be financially prepared. Having 6 to 12 months of living expenses saved up provides peace of mind. Without a financial cushion, the stress can be overwhelming and distract you from building your company.
KA
Kofi Ampadu
04/22/25
@ a16z
Ultimately, deciding to leave your job is a deeply personal decision. It's about balancing practical considerations like financial readiness and market validation with emotional readiness to fully commit. When you're all-in, you build momentum for your business and show potential investors and customers that you're serious about what you're building.