That kind of reasoning kept me away from taking the leap, but now I realize how flawed that kind of logic is. Yes, most startups fail, but it's not a lottery. The success depends on you. It's sort like saying "only 25% of students end up graduating from college, therefore going to college is a bad idea."
This resonates with me. Like you, I'm risk-averse but I still have hopes to create my own company one day. It'll start as a side project and then if I get enough traction, perhaps it'll be enough to convince me to take the leap.
My experience taught me that moonlighting is hard. If you are really convinced it's gonna work, try taking vacation or sabbatical leave for a month or so (if you can) and work full time, ship the damn thing, advertise the hell out of it, and start counting the money / since your life doesn't depend on it, you need some gratification to keep going.
This exactly. If you are committed to your project full time, then it's a lifestyle business and not the type of startup referenced here. Lifestyle businesses are great, but I've only met a handful of people who have had their life changed from a lifestyle business. If you are passionate about something, why won't you leap?
I'm mid 30s, married and kids and bills to pay, but I am still making the jump because I'm incredibly passionate about my idea.
