Questions

I'd love to have a full-time job to support myself while I build my music startup, but most of my potential employers in the area know that I am working on my own company as well. I completed a code bootcamp last year and have loved learning and becoming a better developer over the last year, so I'd love to work somewhere that I can continue learning, but I am also committed to taking a proper swing with my own startup. Do I look for jobs and let potential employers know I am working on my own startup? Perhaps shop for a short term contract? Or should I just try to find some investment and go full tilt at my startup? I have access to enough funding to get our MVP built so that I can demo and pitch potential investors. I am nearing the bottom of my savings, but don't have a family to support. I don't mind living on the bare minimum for a bit while I build this thing.

I would say that you need to get a job, and that job is your startup.

The key thing is that you say that you are at the point where you can get some cash. Based on the attitude I've seen from angel investors and incubators, once you start to raise money it's essential that you're full time on your startup. In fact, you need to have at least one co-founder who is also full time. If you have access to some capital, get it and use the minimum possible to support yourself while you create your MVP.

If the MVP fails, pull the plug and get a day job. Entrepreneurs are dedicated and therefore very employable. You can work on your next idea while you work a regular job, and then again, if you get to the point where you can raise money, go full time on the next startup.


Answered 10 years ago

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