We’re at an age when we really have nothing to lose. According to PaulGraham.com, why not do a startup now? Well here my perspective on why not. Its hard for people our age to start a venture finance-able company unless we are the inventor of the product. Unless you have the technical skills that make you an invaluable part of the management team, there is really not too much room for you in a start up. If you are an enthusiastic, passionate evangelist for your cause, once you convince VCs that you have a potential business, they will just boot you, keep the technical expertise pieces in play and invite their own management team to take over. People who have done it and have a track record of success. Remember, VCs have to consider what’s in the best interest of their limited partners, and an entrepreneurial internship experience for an inexperienced newly grad wanna-be CEO is not the best interest of the LPs.
If you want to start a company, make sure you have the passion (sales skills) and the technical skills (according to Tech Coast Angel/UCSD Professor Michael Lutz) . These two attributes will make you a vital part of the management team.
See Penelope Trunk’s take on entrepreneurship. Do it when your ready, but keep your day job!