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If you had an entrepreneurial idea will you quit your job to focus and work on it?

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تم إضافة السؤال من قبل مستخدم محذوف‎
تاريخ النشر: 2013/09/25
مستخدم محذوف‎
من قبل مستخدم محذوف‎

Maybe if I were in a job I don't like, but most probably not. Too risky to quit, I think.

Zaid Rabab'a
من قبل Zaid Rabab'a , Software Development Team Leader , Al-Safa Co. Ltd.

In my side , No, I can't handle the risk of doing such an idea

I work in Jordan, business, here is so hard, compete with sharks hurts :)

Abrar Al Azem
من قبل Abrar Al Azem , Human Resources Manager , AramGulf

At the beginning no but maybe when the idea translates into real business.

Bara Hasaniya
من قبل Bara Hasaniya , Organizer , Startup Weekend Amman

Ideas don't start big so you have to work on your idea while you're working in your free-time when you think it's the right time to do such thing,quit your job and give your idea what it's really deserve of your effort and your time.

Mamdouh AlSharif
من قبل Mamdouh AlSharif , Freelance Data Manager, Manipulator and Analyst , Freelance

My answer is a group of steps:Step1 : Abstinence : imagine you've been fired from your job because you made a big mistake. What is the minimal amount of money you (and your family) need to cover your (essential) expenses? Live with this limit and save the rest to be used when quit your job.Step2 : triple your efforts :8 hours for your job and16 hours for your startup. Sleep minimal needed to stay focused.Step3 : Be patient : don't pay yourself a salary until your startup be capable to cover your minimal needed income (from step1 above) for at least3 continues months. Now YOU HAVE TO QAUIT TO FOCUS on your startup.While you are struggling to make your startup a success story; decide the exact function you are doing in the startup. Search for this function salary in the market and pay it for your self when your startup becomes capable to do so.Don't bleed your startup, on the other hand you have to be in your company as much as possible (focus role).So; stay employed until your startup generate enough revenue to cover your minimal required income to cover your (and your family) essential needs from step1 above.

Tarek Hamouda
من قبل Tarek Hamouda , Full Stack Developer , Truclet

no i will stay in my job and trying to find a time to make my idea come true

VIKAS CHANDRA SRIVASTAVA
من قبل VIKAS CHANDRA SRIVASTAVA , iOS Developer , Asky software training and development

can u help me about job related ???

Yasir Noaman
من قبل Yasir Noaman , CONSULTANT ELECTRICAL ENGINEER , AL-TERAZ KIKLOP

no just ideia is not enough for quit the jobs others matter are requred to befor quit the job risk is should b calculated.

Hany Sewilam Abdel Hamid
من قبل Hany Sewilam Abdel Hamid , Director of Sales and Marketing , Creative Sense

Dear Nour,

 

Idea is not enough to leave your job and start into the risk road, You must have a full future plan for your Idea, Or what we called (Business Plan) & (Fesibility Study).

 

Over the years, I’ve heard mixed opinions about this topic. Some people say keep your job and work on your idea on the side, because you need the income and you never know if your idea is good enough. Others say having a job will prevent you from giving your full attention to your idea, which might be the reason it fails or someone else beats you to it.

 

And I’ve seen friends who left their jobs pursuing an entrepreneurial dream, only to start looking for another job a few months later, and others who never regretted their decision to quit.

 

So when should you keep your full time job?

 

1- If you need a regular income to sustain your current lifestyle, pay your mortgage, put your kids through school, etc…

 

2- If your idea isn’t clear enough, or if it hasn’t been validated or tested with the market.

 

3- If your job is actually giving you the experience you need (business, marketing, design, development,…) to execute on your idea.

 

4- If you have enough time to work on your idea during the evenings and weekends, and you’re seeing good progress and results.

 

And when should you quit your job to pursue your idea?

 

1- If your job is draining you from the energy you need to work on your idea.

 

2- If you have enough savings, or another source of income, that can support you till you start generating money or secure some funding.

 

3- If you can consult or freelance for other companies to make some money while working on your idea. This is a great option because you’re in control of your own time, and you work only when you need to.

 

4- If you can quickly implement part of your idea that becomes profitable enough to support your work on expanding and improving the product. This is my favorite option because your idea has already been validated, and you no longer need to divide your time between making money and working on the product.

 

At the end, it doesn’t matter whether or not you quit your job. What matters is that you do work on your idea. If you’re passionate enough and you believe in it, you’ll make time either way.

 

Best Regards,

 

Hany Sewilam Abdel Hamid

Business Development Manager

Entrepreneurship Coach & Consultant              

 

- http://www.sewilam.com

- facebook.com /Orkanza

- twitter.com /HanySewilam

Mllicent Ochieng
من قبل Mllicent Ochieng , field officer , Geospatial Lincesed survey

No, until I put up all required for it to pick up. Their after I can resign in order to manage the businesses

مستخدم محذوف‎
من قبل مستخدم محذوف‎

nope i will not, till it totally establishes

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