I'm thinking of stopping my startup, not because its a bad 'idea' or i went ahead and made a rookie mistake with making tech. that no one wants, or any of that.<p>Plain and simple: I ran out of money .<p>I see a new potential career in a separate set of IT (IT Sec), but have always been a developer at heart - now 25, have been developing since age 15.<p>I wish it didn't have to end this way.
I am "kind of" in the same situation. I also have some savings and I dont want to use them, however, it seems it will be necessary.<p>You should consider it a bet. If you are convinced that your startup will fly, maybe you should bet everything?<p>Just ask yourself if you were willing to bet say 20k$ if you'd win 500k$ with a 50% chance and lose everything with a 50% chance.<p>Unless you already have family or other people to sustain you CAN take that risk. With 25 you still have decades to worry about your retirement...<p>Try to at least find one client paying something (which is the "market test" seeing whether they just find your product nice or whether they really want (as in $$$)it).<p>Also, check out <a href="http://www.cbinsights.com/blog/trends/startup-failure-post-mortem" rel="nofollow">http://www.cbinsights.com/blog/trends/startup-failure-post-m...</a> and make sure you're doing none of the mistakes over there...
Hi,<p>Your post is lacking a lot of details. For example, you're thinking of stopping your startup, but you don't mention what it is. You're worried about taking on other work, but that's fine. Lots of people do other work to pay the bills while making a startup. (Or you could sell your VW bus like Jobs...)<p>Did you release an MVP? Did you have traction at all? People sign up?<p>Have you pitched to any investors? Incubators? Accelerators? What about pitching to whatever-the-hip-new-buzzword-I-don't-know is?<p>Please don't be depressed, but please also fill us in on more details,<p>—e^1
You learned a valuable lesson about making sure that you invest time in building something that other people are willing to pay for.<p>Go get a job, make some cash, and try again later with the knowledge of how important the business side of things is.