Why can't I find a link or description to them anywhere in your post?
I’m the breadwinner with a wife and daughter to support, My wife is due to have our second child in 8 weeks, We’re currently building a house, and the builder’s bills will soon arrive
I may be the only person to say it, but I don't think quitting your day job at this time is a good idea.
* I have enough savings to last a few months if i sell my motorbike
* I'm reasonably well connected and, if all goes badly, getting an ios contract/job in a few months time won't be hard
* I already have a dozen apps on the app store, bringing in between $100-$150 daily
* Due to a recent house move, i'm unable to code on the train any more which used to be brilliant, so my part-time efforts have dwindled.
As for the apps, I really need to make a promo-page for them, the best i can currently give you is here: http://apps.splinter.com.au/
Congrats on the success of your apps on the app store and good luck with your upcoming venture.
Best to find out now if it's sustainable for you. Good luck.
i imagine the train ride would be full of interrupts, maybe you could convince me otherwise about your commute system
This is a scary scenario. If you are starting out with no revenue, a few months can come and go very quickly. I like to set a runway of 1 year of income for myself. That being said, I peg my income to the bare minimum I need my family to survive on. Everything after that is just profit and is saved.
Anything can happen in 3 months that will cost you a lot of unplanned money. It's really only one season in a year, and things change so quickly nowadays that you can't possibly prepare for every bad event.
If you need to sell your motorbike in order to give yourself some extra savings to live on, that's even worse. Get yourself some more money so that you don't have to consider cutting into flesh just to trim fat.
I'm a little less concerned now that I see he has actually made some apps, but it still kind of freaks me out just reading this post.
No big or crazy risk-taking here. It's always scary of course to go off on your own when you've spent your entire life in the comfortable employee universe so best of luck to the OP!
> I’m going to make, market, and hustle my iPhone apps like my life depends on it
Sounds like his child's life will quite literally depend on it.
the times when my kids were born (once when i was 20 years old, the other one when i was 30) were the most productive of my life (and i always quite my job when a new kid arrives). you always rise with your challenges, so it's a great idea to create some big challenges for yourself.
in 2 days i will be in the salar the uyuni (http://en.wikipedia.org/wiki/Salar_de_Uyuni) with my family, in 2 days i have a conf call with the CEO of an international top 500 website to talk about their content strategy. it's a challenge, i love challenges, keeps life interesting.
Also - you're building a house? If I was going to quit my consulting gig to do startups (which I'm strongly considering doing) I would (and do) keep my debt to a bare minimum.
Edit: Based on OP's answers in reply to the parent comment, it appears as though the situation is not quite as dire as it sounded at first read of the article.