Hi there – there are some choices to make there for you, well done for reaching out and I wish I could say ‘do this or do that’ but I can’t do that – all I can say is – times like this are not normal and there is always a level of uncertainty with startups around how long will it take before you have the income and certainty to know you have a good thing going and can fund your wages and also pay your mortgage. I am not aware of funding programmes for unemployed to start businesses – I think there should be, but right now, this is not part of any Government Programme that I am aware of.
Re your jobseeker – I don’t have clarity on this, I would say, you might be able to reach out to MSD and ask that question, they have in my experience been quite good with engagement.
The thing about startups is that most take 1-3 years to get into positive cash, and around 70% of them fail over 5 years – they are high risk, because they are new and because it always takes longer – my question to you – can you do the job and the startup on the side – at the same time – and then if the startup takes off and can fund you, then jump them? A bird in the hand and all that?