26M living in western europe. I got around 75k euro saved up and earn approx 110-115k euro doing analytics in big tech.
I am getting comfortable in my work and not growing much. I am really interested in saving up 200k by 29-30 and taking a shot at creating my own startup. Worst case scenario I will learn a lot and may come back as analytics lead in whatever company with some managerial/entrepreneurial experience. Maybe this would even help me to come back straight into analytics manager role.
My logic is that I would have enough cash saved up not to worry, would have enough real life experience to navigate uncertainty, still young enough to work long hours and take risks, but old enough to be able to jump back into career if i fail.
Am i wrong thinking this is generally best timing career-wise to take a shot?
The right time to quit is when your start up is making more than your current job. You should start now and likely not quit unless you are making good money from your business. I did the whole save and quit to work on a startup but basically spent all my money, only worked on coding, and didn’t develop the sales skills needed to get it done. Startups are sales games, so don’t quit your job until you have proof you can win at sales (which likely won’t have a strong dependency on the quality of your product)
This should be the top comment.