Fence-Riding: Startupping while employed elsewhere

Without fail, when I mention that I’m a startup technology lawyer at an event with startup-folks, someone nearly always approaches me and asks, “So I work at [Insert Company Name here], but I’ve got this project or idea I’ve been working on. I’d really like to leave at some point and do that full-time, but I need my job at [Insert Company Name here] to pay the bills for now. How can I do both?

It is a great question and one that people really should be thinking about. Many very successful companies were spun from side-projects or part-time development work in a basement or garage. One of my favorite stories is about the founder of del.i.cious, that I write about in my book:

Joshua Schachter started his collaborative bookmarking website del.icio.us in 2003 as a personal project simply to allow him (and a few friends

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1 Comments For This Post

  1. Jason Cohen Says:

    Thanks for the great tips.

    I’d like to add one more tip — You can eliminate the fear of getting sued and possibly even open doors by telling your employer about your side project.

2 Trackbacks For This Post

  1. Fence-Riding: Startupping while employed elsewhere | nPost Blog Says:

    [...] Originally posted at MyHighTechStartup.com [...]

  2. Starting Up While Employed: Admit it! | The NWEN Blog Says:

    [...] but the current global recession makes this idea even more attractive. There’s plenty of good advice out there about how to do this, but the lists I’ve seen have left out something [...]

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