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alexnorman

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Tech entrepreneur. Digital strategist and CXO of digital marketing and product agencies for the past 7 years. www.mycoop.com

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Dont quit your job. I quit my job 2 years ago to start my company and feel very differently about this than most others on this YC message board. If you get in to YC or one of the top 3 then by all means quit as you will most likely be making enough money in a year to cover your expenses. However, if you are like the rest of us stay where you are for a few reasons. #1) Multiply the time you think it will take before you generate your first dollar of revenue by 2, your final product delivery by 2 and when you will see the first dollar that you will put towards your home rent by 3. #2) 6pm - 2am is still a decent amount of time to work on your startup especially if you are keeping the lights and heat on in the house with a proper salary. #3) If and when you run out of money you will probably take freelance jobs that will dictate your time even more than your day job so you will be back in the same situation but desperate. #4) If for some strange reason your startup fails, you dont lose out on a year of career advancement because frankly the cool app that compares women's breasts is not exactly transferrable experience in corporate america. Now it all depends of course on what your startup is and what it requires but if you realistically sit down and believe that you cant do 2 things at once and the startup is worth the risk then rock'n roll baby!

I am not a huge fan of this thread but I am compelled to comment being a native New Yorker. The 1% clearly refers to a "post-Guiliani" New York which has both positive and certainly negative sentiment from most who live here. However, to better understand the creative complexities of the city is to think of it as just that, a city... with 5 boroughs not just certain areas of Manhattan and certain areas of brooklyn but also Bronx, Queens, Washington heights and all the other areas that still blossom with creativity that once were clearly visible in the now over commercialized areas of soho and tribeca. Don't fret, creativity still abounds just not in plain-view, but in those areas that are less frequented by the "rag & bone" set...