How is it like to manage your own startup while working for a big company?

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My answer to How is it like to manage your own startup while working for a big company?

Answer by Ken Larson:

It generally occur es slower.

Insure you do not have any non-compete or non-disclosure agreements with the big company that would keep you out of the market.

Many of my clients take the route you have questioned for stability and gradually cut over after carefully developing a business plan consisting of market research, competitive analysis and revenue and cost forecasting.

It is possible to make test runs, phase in gradually and then phase out of the larger company as the startup matures, but it is a fairly lengthy process and the conflict of interest must be astutely managed.

How is it like to manage your own startup while working for a big company?

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About rosecoveredglasses

2 Tours in US Army Vietnam. Retired from 36 Years in the Defense Industrial Complex after working on 25 major weapons systems, many of which are in use today in the Middle East. Volunteer MicroMentor. I specialize in Small, Veteran-owned, Minority-Owned and Woman-Owned Businesses beginning work for the Federal Government. MicroMentor is a non-profit organization offering free assistance to small business in business planning, operations, marketing and other aspects of starting and successfully operating a small enterprise. You can set up a case with me at MicroMentor by going to: http://www.micromentor.org/ key words: "Federal Government Contracting"

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