How bad of an idea is this?

I'm thinking that when my time comes to be laid off (and I'm assuming it'll happen sometime next year,) I use the severance as a starter for my own small business. Something small and completely unrelated to what I'm doing now. I'm so tired of big companies and their treatment of us that I'm ready to just have a go at it on my own.

I'm guessing no amount of stressing I can undergo in that process will come even close to what I've been going through for the past year.

Has anybody else made a transition like that? Any words of wisdom or warning?

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4 replies (most recent on top)

If you have free time now, network and research, and maybe register the company while still employed. Better to get a running start than wait to start after a lay-off.

Do you really think this is the best place to ask for such Business/ life advice ? With all the resources out there of entrepreneurship, meetups, blogs, books, seminars, other entrepreneurs in start-ups incubators ...

If your decision making progress towards this game changing idea brought you here. You need to check your ideas.

Just saying. Btw good luck

It's neither good nor bad. It entirely depends on you, your business acumen and good business idea. If you confident in yourself and have such an idea then good luck.

No bad Idea but risky

You have to choose VERY carefully the business.

Keep in mind you are trained to start business as restaurant, B&B and so on

BTW good luck :-)

Thread regarding CA Technologies (CA Inc.) layoffs

How bad of an idea is this?

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