Quitting Your Job to Start a Business? Listen First

Thinking about quitting your job to go full-time on your startup? You’re not alone. In this episode of the Talent x Opportunity 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

 

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. Learn more about a16z TxO and stay updated:

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The content here is for informational purposes only, should not be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security, and is not directed at any investors or potential investors in any a16z fund. Please note that a16z and its affiliates may maintain investments in the companies discussed in this product. For more details, including a link to our investments, please see a16z.com/disclosures