4 ms·
Make a living basically? Can work on both ends, like cutting your costs. I wonder how much you would have to be living on annually in order to have a decent ide
by NoCulturalFit 11y ago
Make a living basically? Can work on both ends, like cutting your costs. I wonder how much you would have to be living on annually in order to have a decent idea work? Is $20k too high?
I've been working on that more than my startup recently.
We could live on $20k annually for at least 4 years. Now I am trying to figure out a SaaS that could generate that within a couple of months.
I don't mind fighting with price even though that's what you're not supposed to do.
- cellover 11y agoMaybe I should have added the 3 of us are still employed in companies. So we are in a somewhat comfortable position. we are already making a little bit of money that compensate for the administrative and infrastructure costs (which are ridiculously low at the moment). We estimate that the company should earn around 25k € every month so we could quit our jobs but again our costs are very low so far. I'm not sure to properly understand your question here ; you want to have a side business so you can concentrate on your main startup? Anyway, good luck with your business(es)!
- NoCulturalFit 11y agoNah I actually have no employment (no cultural fit anywhere) - so I am focusing on (or figuring out) building something that could generate income pretty quickly, though I understand the size of the income wouldn't be big, so I've cut all my costs down for me and my family to $20k annually. Living on savings for now, which runs out in a couple of weeks.
- scott_karana 11y ago> We could live on $20k annually for at least 4 years. Is this also accounting for retirement? If so, kudos! :-)
- NoCulturalFit 11y agoNo because it would be for four years only.