Start Now, No Funding needed

This is answer to startup related question from  Unni Krishnan Koroth  

1. Dont quit your job now.
2. Find a cofounder. If you are from a technical background(Hacker), find a person who can sell and collect money from your future customers(Pirate). If he doesnt have a job now, he can take care of the company formation and other works while you can support him continuing in your present job.
3. Talk to your family about this. Please note that the social status of entreprenurs are very low in India. They get high status only when they succeed. If you have financial commitments, finish it before resigning from your job. You should start your company with a clear and focused mind.
4. Make an emergency fund. 50,000 rupees per year for the next 3 years. It takes minimum 3 years to build a good company.
5. Don't take an office. Don't recruit employees. If you are doing a business it should be a scaling of what you can do alone. See this video 
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7. When you are quiting your job, dont burn the bridges. Keep good relation with your existing company.
8. Register the company and a good domain name. Start working and focus on giving value to your customers.
9. And remember "People overestimate what they can achieve in one year. But they underestimate what can be achieved in ten years."
10. Save every single rupee. Enjoy getting rejected from your potential customers