Full time since January. Still in dev phase and a while before going live. and it's not a pretty sight to see your savings declining steadily (we are bootstrapped on top of this). Yup, I am all in as much as I can go.
note: There is a poll option that might better suite this topic (instead of 4 comments being voted up and down).
How is it working for you? Mine it is my own startup. My cofounder still has his day job. Our progress is way too slow. I'm considering to save as much money and go full time soon.
I (Mohit Soni) and my 2 friends (Shashank Shekhar and Kalyan Chakravarthy) are working on Flare (A True WebOS). We were finalists in Google Product Prodigy 2009. Very soon we'll be launching Flare as a service.
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[ 7.7 ms ] story [ 61.9 ms ] threadnote: There is a poll option that might better suite this topic (instead of 4 comments being voted up and down).
It's much harder to be innovative.
If you want to make money, pick a product/service that already exists because:
1. It's been tested and hopefully proven.
2. Market is stable/mature (the pioneers have shelled out all the bringing-to-market-funds)
3. Low barrier to entry (prototypes already exist)
Now all your company has to do is either out-market, or out-serve your competition.
It's a big world; simple right! ;)
How is it working for you? Mine it is my own startup. My cofounder still has his day job. Our progress is way too slow. I'm considering to save as much money and go full time soon.
Thanks.
And - not working on a startup at the moment. Had one, it died, sold out to be a corporate whore. I like my pimp though.
Here you can take a look at the games I've been working on:
http://www.igummies.com
If you are interested in a joint venture let me know.
We won a business plan competition http://live.psu.edu/story/39616