Ask YComb: Should I quit to do a startup during a recession?

Re:Ask YComb: Should I quit to do a startup during a recession? by iamelgringo on Monday January 21, 2008 @02:12PM (#101735)

I'm 34 and finishing my degree in CS after being married for 10 years and having worked as a nurse for the last 15 years. Why was I a nurse? Because my parents didn't think that there was anything to the whole "computer craze", and they thought that nursing was a good, solid profession. I almost dropped out of nursing school to major in CS. And, I spent most of my free time in the computer lab, hanging out with the geeks. Go figure.

I know that parents get awfully nervous about this sort of stuff. But... sometimes they just don't understand. Especially when it comes to technology stuff and the tech biz.

If you have the money, and can give a startup a shot.. go for it. What's the worst case scenario? The worst thing that can happen is that you'll have learned a lot about starting your own business, and you will have learned a lot about new technologies, and your savings will be gone. That's it. That's the worst.

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Re:Ask YComb: Should I quit to do a startup during a recession? by boredguy8 on Tuesday January 22, 2008 @01:12AM (#102055)

Someone lacks imagination: there are far worse things that could happen. Also: am I the only one that finds it funny that you're leaving one of the more lucrative careers (nursing) as demand explodes in favor of a more blase job environment?

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Re:Ask YComb: Should I quit to do a startup during a recession? by iamelgringo on Tuesday January 22, 2008 @07:03AM (#102150)

Walk 3.5 miles a night in my shoes, and you won't have to wonder why I'm changing careers.

Nursing is only lucrative in California and Boston. If you're anywhere else in the country, the pay is generally abyssmal compared to the responsibility and the stress. In what other industry can you work 12 hours straight and barely have time to go urinate, much less eat a lunch. At one point in my career I could eat a Big Mac in under 45 seconds. Why? Because I had to. That's literally all the time I had to eat.

I'm not leaving nursing to go work in a cube farm. I'm leaving nursing to be a serial entrepreneur. I'll be able to work 2 or 3 days a week, and spend the rest of my time coding and starting a business until I can get paid enough to devote full time to the business.

So, what is the worst that can happen to this young man? Taking a year off to live off of savings to start a web app. Please, if I have no imagination, tell me what your worst case scenario is.

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Re:Ask YComb: Should I quit to do a startup during a recession? by cglee on Tuesday January 22, 2008 @01:35AM (#102060)

Being technical and having industry knowledge is a powerful combination. I don't think the past career in nursing is sunk cost at all...just the opposite.

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Re:Ask YComb: Should I quit to do a startup during a recession? by pchristensen on Tuesday January 22, 2008 @11:56AM (#102265)

I'd be shocked if iamelgringo didn't have 50 ideas of products/solutions that would make nursing work easier for nurses, cheaper for hospitals, and safer/more consistent for patients. The only question is if he has the stomach to try to sell to the medical industry... (don't know if I would)

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Re:Ask YComb: Should I quit to do a startup during a recession? by iamelgringo on Wednesday January 23, 2008 @04:11PM (#103049)

You're right. I do have about 50+ ideas. I would love to get out of the health care profession for a while, though. I think the key is in making Doctor's/nurses lives easier without having to sell to hospitals. Hospital budgets usually run on a 1-2% profit margin, so IT budgets are usually pretty thin, and their tolerance to failure is really very thin. We'll see what happens next year after I'm done with school, though.

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