> Don't start a startup if you have family that depends on your income.
This one deserves to be called out. You can make a perfectly respectable living starting a company (perhaps not saving as much), and if it doesn't work out and you're savvy you'll have a job in no-time. Especially if you're an engineer in the bay area.
This is indeed true, but your family might suffer from what you're ready to give away when they are not. This is what I experience right now and it's not always easy.
This one deserves to be called out. You can make a perfectly respectable living starting a company (perhaps not saving as much), and if it doesn't work out and you're savvy you'll have a job in no-time. Especially if you're an engineer in the bay area.