Starting a software company, as an academic
May 24, 2014 1:20 PM Subscribe
I am an academic about to get tenure, but I'm thinking about an alternative career trajectory. In particular, I have an idea for software that (I believe) could be revolutionary, related to my field of study. I'm thinking of quitting my job to pursue this.
I would like to possibly start a company to make this software happen. I am a programmer, but not a professional programmer and I am not a professional designer. I would need help realizing this goal. Some possibly relevant information: My wife and I are Americans. My wife works in the UK, I work in the EU. If I were to quit, I'd move to the UK. I have about $100K saved up. I have no debt.
Here are some questions:
1. How does one get explore funding for this sort of thing?
2. How long does a startup process take, and what steps are there?
3. What complications are there of starting such a business in the UK?
4. Would I have any difficulties as an American national in the UK?
5. What should I consider when thinking about software patents?
6. Is this something I could pursue and keep my academic job, without my university having an intellectual property claim over the software?
Also, any general resources for prospective software entrepreneurs would be appreciated.