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There are sooo many alternatives, not just two. For instance you could partner with another company, showing them the open contracts and make deals with them t
by erikb 9y ago
There are sooo many alternatives, not just two.
For instance you could partner with another company, showing them the open contracts and make deals with them to share the price when a project is successful.
You could try to put your knowledge into low-thinking-step-by-step guides and raise a team of student workers to support you.
You could buy another small, struggling company, taking a bank credit for the buy. (a bank is much more willing in such a case than when you just want to grow)
And this is just what I come up with laying in my bed at 7 in the morning. There are dozens more options. As entrepreneur it is your job to find a solution without being limited by common ideas.
PS: A profitable, vertical, enterprise solution provider is not a company you raise money from investors with. You don't have the growth factor an investor needs. Grow with increasing profit. Grow with taking on more than you can handle and then keeping your customers continue with you despite you not being able to deliver on time. That's how this business works.