In a lot of startups, we see founders working part time. The thinking is that they will build a prototype, get traction and join full time once they hit a certain milestone (like raising angel funding).
This model of starting up is not advisable and has a very low chance of sustaining. Reasons are
- If you cannot take a risk of leaving your job for your startup, it somewhere means that you are not fully convinced about it. If you are not convinced, you cannot convince anyone (including an investor).
- Since it's a competitive market, a lot of other teams would probably be working on the exact idea you are working on. Even if there aren't any companies currently, some will come up once your prototype goes live. To compete with them, since they are working full time, you need to go in full time as well.
- Since you are working part time, you will have other things on your mind. You cannot devote all your time and this hampers your focus and assessment of your startup.
So, Be Sure or Don't Start.
This model of starting up is not advisable and has a very low chance of sustaining. Reasons are
- If you cannot take a risk of leaving your job for your startup, it somewhere means that you are not fully convinced about it. If you are not convinced, you cannot convince anyone (including an investor).
- Since it's a competitive market, a lot of other teams would probably be working on the exact idea you are working on. Even if there aren't any companies currently, some will come up once your prototype goes live. To compete with them, since they are working full time, you need to go in full time as well.
- Since you are working part time, you will have other things on your mind. You cannot devote all your time and this hampers your focus and assessment of your startup.
So, Be Sure or Don't Start.
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