4 ms·
refreshing article, i have what i consider to be a potential small business, it's not as attractive i'd assume to investors as most things these days that have
by epynonymous 8y ago
refreshing article, i have what i consider to be a potential small business, it's not as attractive i'd assume to investors as most things these days that have something to do with blockchain, machine-learning, self-driving cars, or billion dollar valuations, but i think there's potential for a very nice business that could potentially evolve into a lifestyle business and it doesn't need hordes of employees, i've been doing everything from development of backend services, platform, and front end mobile app, to marketing, testing, product management all on my own. obviously having a couple more people to help with sales and development would speed things up, but i don't need a 50 person team at the moment.
having read this article and buffer.com's recent buyout of investors, it shows that there are potential alternate routes to success. i can understand the nature owner not feeling good in the beginning when everyone around him's talking about billion dollar valuations and series a, b, c funding, but it seems he sold for several hundred million which seems like sweet vindication. obviously most small businesses fail and eventually need some sort of funding whether from a small business loan or bootstrapping, etc, but it's manageable.
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