Ask HN: How much savings did you have before quitting your industry job?

Re:Ask HN: How much savings did you have before quitting you... by robertnealan on Thursday September 26, 2013 @11:35AM (#6451458)

I only had about $2000 (half a month's paycheck at the time), but the change in work was prompted by a multi-month consulting gig that was paying in the low five figures over the course of a few months.

My advice is to start looking for work before you leave your industry job - think if it as though you're doing lean testing on your product, except your product is yourself. If you can't find clients while at your day job, then iterate on yourself (website, services offered, your client pitch, how you're looking for clients, etc) and try again.

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Re:Ask HN: How much savings did you have before quitting you... by bwangsta on Thursday September 26, 2013 @09:48PM (#6454778)

I have a similar story. I only saved up about $2000 too, but I also had a 1-month consulting gig that would pay me about 5 months' salary. That was enough to spur me to quit my job and start working on my own. I earned over a year's salary in the past 3 months since I quit and haven't looked back since.

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Re:Ask HN: How much savings did you have before quitting you... by bwangsta on Thursday September 26, 2013 @09:50PM (#6454790)

Also, I'm 35 years old, so not just some kid who could afford to take risks. Just was never able to save up $ on a salary, went through a few periods of unemployment, and a few of my other startups failed. I'm finally on course to make some real dough and it never would've happened if I didn't quit.

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