I am currently working on an AR platform with a partner. I also work full time as a full-stack dev at a large marketing company. Yet, each day that goes by I feel like I should make the leap. I am not quite sure how I would handle it financially but suffer from massive amounts of FOMO. Any thoughts?
I'd work on getting your cost of living as low as possible first, and try to have at least a year of living expenses saved up. The reality is that most startups don't succeed, it's kind of a numbers game, so be in it for the long haul.<p>Personally I'd stay at the job until your projects get some actual momentum. Leaving your job to work on your project is really exciting at first but it can be pretty disastrous if you don't have a 'plan b'
Make the leap when you have customers for your new AR software.<p>Financial stress while doing startups is very distracting and possibly deadly to the new company. Plus your income can help fund expected and unexpected expenditures.<p>I've done 8 startups, only one from my savings. I'm on #8 right now with a job and slowly building it on the side. It's 12-16 hour days sometimes but I have health insurance covered, paid time off/holidays, and significantly more revenue than I need with dual incomes.<p>I'm leaving once there's enough capital in the company to cover myself and my partner's payments for 1 year with no income and our first 5 clients.<p>If you feel you're not giving your customers the service they need, you can setup a small coloc office and hire a 15-20/hr employee to man the phones give customer support.<p>Good luck. I worked on AR products in Oil & Gas, some of the worst crap I've ever seen in my life. A good workflow will make your users love your product, so eat your own dogfood :-)