Quitting Your Job to Start a Business? Watch This First | TxO Start Up Hotline
0Thinking about quitting your job to go full-time on your startup? You’re not alone. In this episode of the TxO Startup Hotline series, Kofi Ampadu, partner and head of Talent x Opportunity at Andreessen Horowitz answers the question:
"How do I know if I’m ready to quit my full-time job and take the plunge full-time into my business? Even though it doesn’t seem sustainable to keep this as a side hustle, I’m nervous about losing a consistent salary and paycheck."
Kofi breaks down how to know if it’s the right time to take the leap, including:
How to validate your idea before leaving your 9-5
The traction signals that actually matter
How much money you should save before quitting
And how to know if your startup needs you full-time
Check out more episodes of the TxO Startup Hotline Series here:
Want your question answered in the series? Call 1-844-DIAL-TXO and leave us a message.
Timestamps:
0:00 - Introducing the TxO Startup Hotline Series
1:12 - When is it the right time to quit?
1:49 - Is your passion all-consuming?
2:13 - Have you validated your idea?
2:33 - Does your business need your full attention?
2:58 - Are you financially prepared?
3:22 - Final thoughts on taking the leap
The Talent x Opportunity initiative at Andreessen Horowitz (a16z TxO) supports founders building cultural innovations through funding, training and ongoing mentorship.
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