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> Would I be right in thinking that the revenue from this is not particularly high? Boy, would you! > Not all bootstrapped businesses are equal. The OP descri
by girzel 8y ago
> Would I be right in thinking that the revenue from this is not particularly high?
Boy, would you!
> Not all bootstrapped businesses are equal. The OP described challenges of a successful bootstrapped business - even that is psychologically hard. But it's even harder if the business doesn't work, or only sort-of works.
And I think my first and most fundamental failure as a "businessperson" is a failure to recognize what works and what doesn't. Everyone I come into professional contact with is extra stoked about what we do. Everyone is complimentary, everyone is glad we exist. Very few people are willing to pay us. In the end, that means I've done my job wrong.
- graeme 8y agoSorry to hear that - "not quite failing" is perhaps an even worse outcome than failure. One thing that may help is changing what you ask. "Would you buy this today?" And "why not" if they say no are the best way to figure out actual interest and get useful feedback. Translating chinese literature to english sounds cool! Easy to get on board with. But, I also wouldn't pay, since I'm not in the market. I got that tip from the four hour workweek btw. That book might just be a life changing revelation for the business. Or, it might affirm you should just leave. But, I would highly recommend it, since you've spent ten years at this. (I designed my business around that book, more or less)
- ak39 8y agoI agree! Purgatory of not quite failing. Dammit, I wish I could share a drink with all the commenters here! :-)