Ask YC: Where I can learn the basics of a startup.
HN has been shedding light on lot of startup related stuff which are really helpful. But if someone still wants to know about the basics like how to get in to the correct mindset, Howto know whether I'm actually ready to leap etc. it'll be great if the experienced folks here can share some ideas/sources. Care to share?
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Focus less on the legal side of things at this stage and more about the entrepreneurial mindset.
Good luck!
You see what works for you and what doesn't. You identify your strengths and whether you can handle stress or not. Consider it getting paid to learn about the things that interest you (startups, hacking, marketing, etc).
Other Tips: To get a basic overview of funding strategies, read http://www.venturehacks.com. Attend events like http://sf2.startupweekend.com and be in a room full of people you can ask questions to (let me know if you would like a discount code for this).
Step 2: Start with a project that would take less than a week to prototype, and then extend it gradually. Release early, release often. Apply feedback and improve. Evolve it into a startup.