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?
I believe that if you’re in a well-paying, low-stress job, it’s not the time to impulsively start a business. I don’t know how your work environment is so I’m not going to judge but,diving into a startup without a solid plan is risky and can hinder your ability to dream and strategize effectively. It’s often better to utilize the stability and resources of your current job to plan your entrepreneurial journey. Rushing into a startup, especially without a clear vision, can lead to unnecessary stress and challenges. In essence, a stable job can be a valuable platform for carefully planning a successful transition to entrepreneurship.