I was talking to one of my friends the other day and he had an interest in creating his own business mainly as he wanted the experience in doing so while at the same time generating an income that better fits to his lifestyle. Now he currently works for a company full time and so he hopes to use that as his safe net so that if his business fails he will always at least have something to fall on.
This is always an interesting topic as everyone has their own take on what is necessary to turn an idea into reality. In general, the most common thing is that people either say you shouldn’t quit your day job as the possibility for failure is high and on the other side you have people saying that by not going all the way you have failed already as you don’t have the necessary confidence in your own idea to do so and your full effort will never be there in that scenario either.
Everyone is different, but for myself I believe it is better to go full fledge assuming you have the right plan, attitude and strategy to cover basic living essentials. Because really, when it comes to the risk factor assuming you have a great plan, waiting it out too long while not giving your full effort on something is equally risky when you think about as you could be losing all that time by not making things happen now.
Guess it all depends if you are one of those “Go big or go home†type of people or a “Safe and steady†type of person along with what kind of expectations you have for yourself during a specific timeframe in your life.