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Old 08-15-2005, 08:08 AM  
liquidmoe
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Join Date: Mar 2002
Location: NY
Posts: 4,994
Without risk the chance for great rewards are small, but there is a difference between risk that is unavoidable, and risk that you simply havent thought about.

I would map out every part of your strategy, not just the business concept, but also of your life, right now you have a 1 month buffer if things go south, maybe spend a little more time planning how to integrate your business idea into your life and you can find the perfect middle ground, maybe the initial stages dont require as much attention as the later stages or vice-versa, giving you time to continue making money from your steady job, maybe you can cut back in your social life to focus on this new business, I dunno, maybe these arent possibilities, but when you approach a large decision like this, I think its best to have thought out all of the angles and to have more than just strategy A or B, make 3 or 4 routes, that can be taken at different times depending on certain results.
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Take Luck!
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