Considering starting a consulting company with ex-analysts in SF

So I did the IB thing for the past year, and decided it wasn't for me. Despite what all the college kids will tell you on this board, its not all it is cracked up to be. I happen to enjoy beer, life, girls, and downtime, none of which are compatible with IB. Current analysts or other ex-analysts will appreciate this.

So since I left in early March, I have been testing the Bay Area job market. I dont really want to do traditional corporate finance, and I am not crazy about going back into IB. I have picked up a few part-time gigs (both FP&A and M&A/Investment related) to pay the bills, and have really enjoyed it. I am able to essentially set my own hours, only take projects that I like, and it pays quite well hourly. So essentially I am thinking of making a go at starting a mini-business with ex-analysts for hire.

The reason for my post is two-fold. First, I am looking for advice. Has anyone tried to do this? There have to be some other people who were either burnt out or laid off who picked up some part time gigs to pay the bills. Did you consider making it more permanent? Where do you see my biggest problems arising?

Second, I am shamelessly looking to network with ex-analysts in the bay area. If you did IB or were a financial analyst at a large company and something like this is interesting to you, send me a PM and lets talk about it. I think there is enough turmoil in the market to make this a real business and find some real work.

Advice?