Pros: I would be able to combine all of my current passions in a creative way: teaching, outreach, and educational games. There are several areas of opportunity, from consulting to application development.
Cons: Entrepreneurship takes a lot of time! From what I can see you have to be willing to put in many, many hours, and our lifestyle has been more about balance than working much more than a regular work week. Plus, there's that whole having a baby thing to throw into the mix.
Just for fun I took this Entrepreneurialist Culture Quotient Test that I found through a friend. I scored somewhere in between being suited for a regular job and entrepreneurialism - perhaps, it suggested, I should consider a partner. Hmm...
The pros, cons, and good characteristics to have (written by the same person as the test above) don't seem to make the picture any clearer. There are as many things that excite me as scare me on these lists.
Luckily, I don't have to decide yet. Over the next little while, I'm trying to make use of some of the great resources friends have shared to learn more and more about the possibilities. Before I'm done my PhD I'd like to take advantage of a program like Lead to Win, or perhaps a less "actually start a business when you're done" version of it. Maybe some business idea competitions (like the Nicol Challenge I participated in this year) would be a good place to test the waters.
Anyway, here are some of the resources I have found so far. If you have any others, or any advice you can give me, please do share in the comments!
- AVC: musings of a VC in NYC (blog)
- Lean Startup Wiki (online resource)
- LaunchBit Startup Guide (online resource)
- Startup Weekend (events and associated book)
- A Good Hard Kick in the Ass: Basic Training for Entrepreneurs (book)
- Startup from the Ground Up: Practical Insights for Transforming an Idea into a Business (book)