I came across a blog post by an author Patrick Rothfuss. His fan asked him for a piece of advice for new writers. His answer, in my view, is candid and refreshing: live somewhere cheap.
Actually his answer rings true for anybody who wants to start their own business, be it writing a new novel, or a new piece of software. By controlling expenses carefully, you can survive longer and hopefully by that time, your competitors have all dead due to short of fundings, or your product has matured enough to be marketable.
Living costs in Singapore are getting more and more expensive. It's time for me to hunt for somewhere cheaper.