Based on my two decades of doing this, I would strongly recommend NOT quit your job at this stage when there is more than a 90% probability that you will fail.
Here are my recommendations
* Spend some time identifying a problem worth solving.
* Find out people who have those problems
* Talk to those people and understand the problem better and how much they are already spending to address that problem
* Plan out how you will address it better.
* Inform them that you are building a solution for them, walk them through your proposed solution, and get their feedback
* If possible, take some advance payment from them (This is optional but try to get some level of commitment from them)
* THEN QUIT YOUR JOB.
Till that time, I strongly suggest that you do not quit your job.
Finding a good product to build along with users is a time-consuming process. A regular cash flow gives you the freedom of being patient and not make desperate decisions.
This will not be easy. You will have to work extra hours over your scheduled work hours, work on weekends, skip binge-watching Game of Thrones, and so on but this will be a less painful way to build a sustainable startup.
Based on my two decades of doing this, I would strongly recommend NOT quit your job at this stage when there is more than a 90% probability that you will fail.
Here are my recommendations
* Spend some time identifying a problem worth solving.
* Find out people who have those problems
* Talk to those people and understand the problem better and how much they are already spending to address that problem
* Plan out how you will address it better.
* Inform them that you are building a solution for them, walk them through your proposed solution, and get their feedback
* If possible, take some advance payment from them (This is optional but try to get some level of commitment from them)
* THEN QUIT YOUR JOB.
Till that time, I strongly suggest that you do not quit your job.
Finding a good product to build along with users is a time-consuming process. A regular cash flow gives you the freedom of being patient and not make desperate decisions.
This will not be easy. You will have to work extra hours over your scheduled work hours, work on weekends, skip binge-watching Game of Thrones, and so on but this will be a less painful way to build a sustainable startup.
@gunjankarun Thanks!