> trying to start your own company sounds a lot more appealing than ever.
It really isn't. Even if you get laid off from a large tech company, you probably didn't have to pay a cent to get the job there in the first place, and you started drawing a paycheck right away (after the initial delay due to the pay cycle). If you only work there for 6 months, you can save a really good amount of money if you have frugal habits.
Starting a company isn't nearly as easy, usually requires up-front investment, and there can be a long time before you generate any profit. Either you need some business idea that's going to generate profit (or at least enough revenue to give the founder(s) a paycheck), or a business loan or other funding, which means convincing someone to invest in your company somehow.
Starting your own company only sounds appealing if you ignore reality, or have the privilege of having plenty of cash saved up for such a venture.
If I was working a typical corp job, I would "quiet quit" and start using my excess savings to run small experiments. Maybe run like 3 in parallel a month and let them cook.
Example - start a niche blog based on my hobby, hire 3 writers and pay them up to $3k a month to write content for the blog. Let it cook for months. If it gets traffic, monetize with ads. If very profitable, quit job.
Starting an internet based business if fairly cheap nowadays, especially with cursor and ai.
It really isn't. Even if you get laid off from a large tech company, you probably didn't have to pay a cent to get the job there in the first place, and you started drawing a paycheck right away (after the initial delay due to the pay cycle). If you only work there for 6 months, you can save a really good amount of money if you have frugal habits.
Starting a company isn't nearly as easy, usually requires up-front investment, and there can be a long time before you generate any profit. Either you need some business idea that's going to generate profit (or at least enough revenue to give the founder(s) a paycheck), or a business loan or other funding, which means convincing someone to invest in your company somehow.
Starting your own company only sounds appealing if you ignore reality, or have the privilege of having plenty of cash saved up for such a venture.