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Thanks Ed. This really great. I'm in my mid 30's and looking to start a company.

There is a lot that can be done to mitigate risk. My biggest issue is that my time is limited and I don't have the luxury of taking a couple years off to make a go at it (not yet at least).

So I am trying to find a potential business (software related) that I can build on the side that gains enough traction that I need to devote full time to it.

I feel like under my circumstances, I shouldn't even try but I think its worth an effort.




Why do you think you shouldn't try? As long as you approach it as a side project unless things take off (don't bet the farm, don't sacrifice family), all you are left with risking is your time.


While every situation is unique, building on the side is a common precursor for failure.




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