There is a difference between being entrepreneurial and being an entrepreneur.
If I were your coach, I would definitely be working with you to determine exactly which of those you are – and more importantly, which you want to be.
Based on what you’ve written here, I see that you value the certainty of tenure and like to mitigate risk, which is a huge red flag to me for being an entrepreneur/owner on your own, but you could look into a tech transfer partnership with entrepreneurs either locally in your town or in one that is set up to work with IP from people who are still in their main position.
For example, the City of Albuquerque has an Accelerator set up specifically for this purpose, the Startup Factory:
Your city or state may have something similar.
Originally Posted: https://www.quora.com/Is-a-university-spin-out-a-good-route-for-an-entrepreneurial-academic
Originally Posted On: 2015-11-29