Idea to Startup How to Build a "Skeptical Startup" - 8k per month in 10 hours per week
Jan 31, 2024
Struggling with when to leave your job for your startup? Discover the Skeptical Startup framework that emphasizes earning $8k monthly in just 10 hours a week. Learn how to focus on urgent customer problems and define clear goals. The discussion includes valuable insights on refining your business ideas and maintaining a strategic vision while still employed. Brian shares a practical example in the home AV improvement space, illustrating how to build customer relationships for success.
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Unclear Startup Readiness
- Entrepreneurs struggle to know when their startup is truly ready to quit their job for it.
- They wait for a clear moment of success that never comes, causing many startups to fail silently.
Know Your Financial Threshold
- Calculate your monthly expenses and savings to know your financial minimum for living.
- Use this figure to set clear boundaries for when your startup income can support quitting your job.
Skeptical Startup Rules
- Adopt the Skeptical Startup rules: make $8,000/month and work only 10 hours/week before quitting your job.
- If the startup can't meet these metrics, it's not strong enough to pursue full-time.
