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I’ve been running my own consultancy for around 10 years as well. All of this rings true. The work I do is incredibly profitable in small bursts. This is becau
by appstorelottery 8y ago
I’ve been running my own consultancy for around 10 years as well. All of this rings true.
The work I do is incredibly profitable in small bursts. This is because I’ve spent years developing software which mostly automates the task.
My problem in developing a product on the side is that I cease hunting for acquisition - savings dry up - and then I drop the product as I scramble to find more work. I’ve been close to failing before, but luck has always intervened.
I’ll spend a year building up 6 months runway, build something 70% and run low on cash - go back to consulting for a few months - and then completely forget what I was doing on the product side. By the time I get back to the product the momentum as been lost.
Rinse, repeat.
- abalashov 8y agoOh, yes, the schizophrenic whiplash between consulting and product work based on cash levels is painfully familiar as well, and has certainly characterised much of my product development. I should have talked about it more explicitly.