HOTB Software Solutions
HOTB is a highly experienced software development company that provides in-kind angel capital to startup entrepreneurs with a viable technology based business. HOTB helps startups bridge the gap between their friends and family round and their venture capital round by subsidizing expensive technology needs. HOTB specializes in building custom software platforms to provide certainty of execution, experience, credibility, security and compliance. Additionally, HOTB Ventures has been formed for instances of passive investment when software development is not needed.

Manatt
Manatt, Phelps & Phillips, LLP is known for quality, for extraordinary commitment to clients, for integrated, relationship-based services, and for a range of capabilities typically found only in boutique firms. We are progressive and entrepreneurial compared to other major firms, and we are deeply committed to diversity, to public service, to involvement in the communities we serve and to excellence in all we do.

TriNet
Tech companies partner with TriNet Passport to compete for top talent by using our bundled HR products that cover the core services of payroll, fortune 100 benefits, risk and compliance, a scalable HR team all on a cloud platform. TriNet reduces the time businesses spend managing HR and administrative issues while providing enterprise-grade cloud capabilities. This enables entrepreneurs and management to focus on what’s important from raising funds to driving revenue. Join hundreds of executives in high tech who have experienced the TriNet Passport difference, working for companies in hardware, software, SaaS and telecommunications. Contact choy.chew@trinet.com for more information.

Eureka
The Eureka Building is a 3-acre technology campus in Irvine, California designed to help accelerate innovation. Founded in 2014 by Peter Polydor, our goal is to support local entrepreneurship by giving innovative companies and entrepreneurs in Orange County a home that is centrally located and easy to access. Through partnerships we are more than just a home, but are a support network hosting startup events while fostering mentorship relationships with our partners all within one of the most creative spaces in the region.

CrashLabs
CRASHLABS IS A VIBRANT COWORKING AND EVENTS COMMUNITY THAT ENHANCES WORK/LIFE BALANCE FOR THE NEW ECONOMY OF UNTETHERED WORKERS. CRASHLABS OFFERS CREATIVE AND FLEXIBLE SPACES SUCH AS OPEN DESKS, DEDICATED DESKS, PRIVATE OFFICES, AND EVENTS SPACE THAT SERVE EVERYONE FROM THE INDIVIDUAL TO CORPORATIONS.

Real Office Centers
At ROC you’ll find a cohesive and progressive working environment with professional support for entrepreneurs, innovators, and today’s leaders. Beyond merely providing the physical workspace, we contribute to your capital growth by facilitating innovation, inspiration, and collaboration. With professional support services, educational events, and a stimulating environment, ROC is where you and your company will grow. Our open-source work environment and friendly staff complete with private receptionists keep business running smoothly. ROC handles day-to-day operations and facility management so your company can focus on what it does best.

How to Transition from Employee to Entrepreneur, by Daniel Arroyo

Posted by Jonathan Greechan on 2013-08-07

Founder Feedback gives you insights from the startup trenches. In a post on his blog, Daniel Arroyo, Co-Founder and CEO of Flaretag, shares advice on how a corporate employee can transition into being an entrepreneur. Daniel would know - he worked for 10+ years at Nokia before quitting his job and beginning the entrepreneurial journey. 

You can read the original post on his blog here, or read the excerpt below. 

To learn more about Making the Leap from Employee to Entrepreneur from people who have been there and done that, join us at an upcoming Founder Institute event.

"The purpose of this next post is two fold:

1. Are you really sure you want to be an entrepreneur?

2. Give yourself the best possible chance by preparing in advance.

The following activities are mostly risk-free (check with you employer and spouse first though) and achieve the two points stated above.

 

Moonlighting

There’s no better time to start working on your idea than now. Use weekends and nights and keep your day job or consulting gigs. Aside from the obvious benefit of trying something without having to start the “money clock”, it will test your ability to work insane hours and see if you are truly passionate about your idea.

The devil is always in the details, so the sooner you get started, the better you’ll find out if the idea (or the whole entrepreneurship thing) is for you.

 

Joining an Entrepreneurship Program

You need to start building your network, getting to know other successful entrepreneurs, and meeting like-minded people. If you have been in the corporate world for a long time, chances are most of your friends are corporate employees too. The startup community is different and you need to start appearing in their circles. Let them know you’re serious.

The best way I know for a first-time entrepreneur to effectively achieve this is to join an entrepreneurship program. I recommend The Founder Institute; they’re great and helpful, and as an added bonus, you can keep your day job while you’re part of it.

The pressure of having a day job, building you product during nights and weekends, and going through a demanding program like the Founder Institute makes you stronger and tests your persistence and time management skills -  features that you will need later as things get worse.

 

Preparing your Finances

You are making good money, right? Now it’s time to learn how to live without it. This is perhaps the hardest part of the transition.

Your goal is to put aside in a savings account all the money you make. You might not get there, but try to get as close as you can. Cut costs, learn to live on the cheap, and re-evaluate all your recurring expenses.

Once you make the decision to quit your job, the clock starts ticking and two main factors will determine your runway (available time before running out of money): Monthly expenses, and savings. There are no paychecks anymore.

Generally, the longer your runway is, the more you learn about your product and market, the more you can fail and learn, and the bigger your chances of success.

Start trimming now, don’t wait!

I hope this gives you ideas on how by the end of a 3-6 month trial period using these methods, you either know that entrepreneurship is not for you and you still have your job, or, you can take the entrepreneurial path with much more confidence, a bigger runway, and a network of people that can help."

Flaretag, a complete solution for Real Estate Mobile Marketing that allows you to create beautiful mobile pages, QR codes, sms, email and social marketing campaigns, has launched in private beta. Flaretag is a Graduate of the San Diego Founder Institute. Follow Daniel Arroyo on Twitter at @CoDanny.

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