ex-founder asks: what should I do next?

Question

My name is Dan and I recently quit the startup I founded almost 2 years ago. Previously I had several Senior Data roles in 4 startups.

I don't have a cofounder and an idea to start my new venture. All my personal savings will disappear in 3 months (I just moved from Russia to UK lol).

What should I do? Please give me an advice in the comments.

Daniil Okhlopkov · Accepted Answer

@kkavita Thanks! Yes, I was invited to join next EF cohort but not sure if I'd have enough cash to survive until it'll start in October. Have you been already in EF? Let's connect on Linkedin btw :)

Kavita · Answer

As someone in the UK too, it's expensive here :(

But, I'd say find a contracting or permanent role and build up a savings nest egg again. You can even find something more flexible which allows you to work for 4 days a week, so you have a day left to play around with ideas/side projects.

Alternatively, you can try something like Entrepreneur First (acclerator programme in the UK) where they match you with a co-founder based on your interests and you work on different ideas together during the 3 months. They also pay you a monthly stipend that can mean you don't have to dip into your savings!

Daniil Okhlopkov · Answer

In case you want to reach me to talk about your startup: https://linkedin.com/in/danokhlo...

Kavita · Answer

@okhlopkov Oh amazing! Congratulations on the acceptance. Are you able to do any contracting/consulting work until you start? I haven't personally done EF but I know a few people who have in the last few years. Let me know if you would like me to put you in touch with them.

ex-founder asks: what should I do next?

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