Looking for some suggestions from the experts here. I have been thinking about a project which I believe have a lot of potential. It will probably take me around 6mo - 1year to make it live(beta). I have a decent job and I have an infant, so even though my job is not so much stressful, because of the baby I can't put extra hours after work for my personal project. So I am thinking of leaving my job(a very good, comfortable one). Actually planning to target for 5 months to see if I can progress and then if I see I am failing I plan to start looking for full time job again.
However, this decision will put me in a tight position financially, my family can survive but will have to spend extremely carefully.
I believe in my idea, my project, and I want to give it a shot, will it be a big risk? Any suggestion/personal experiences are greatly appreciated! Thanks!
1. Validate your idea: It's great that YOU believe in your idea, but will others? Test it out, put up a landing page with your concept, see if people sign up to your mailing list. Talk to potential customers, are they willing to pay for your product? Can you get a paying customer before building the product? Some interesting links: http://thedannorris.com/is-startup-validation-bullshit/ http://www.startupsfortherestofus.com/episodes/episode-142-d...
2. Network with people who are successful: http://www.microconf.com/, tell them your idea and listen to their advice. Learn from all available resources such as: http://startupsfortherestofus.com/.
3. Learn about marketing, SEO and what it really takes to get the word out on your product. This is not trivial and successful founders on HN make it look easy, it's not. If you build it, they WILL NOT COME. Try to build a simple landing page that describes your product and start a blog. Don't start coding until you are able to get a steady stream of visitors to your site who are interested in your product. Start here: http://moz.com/learn/seo http://moz.com/blog/the-noob-guide-to-online-marketing-with-...
Don't quit your job until you are absolutely sure you can make this work.
Good luck!