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Thanks for taking the time to respond. Our goals are to build a great product and make a living. The more companies we can reach / revenue we can generate, the
by oliverx0 7y ago
Thanks for taking the time to respond. Our goals are to build a great product and make a living. The more companies we can reach / revenue we can generate, the better. In that sense, we would be open to going down the VC route, we just don't know how to get to the point that a VC would be interested in investing (how to get the traction necessary at our stage).
> Depending on your goals, there could be a number of paths open to you that don't involve outside funding.
Could you elaborate on this? Thank you!
- aazaa 7y ago> Our goals are to build a great product and make a living. If those are the only goals, then they might be accomplished by either joining a company full time or consulting. I hope you see what I'm getting at here. You'll need to be very specific about your goals and the company's goals before enumerating options. You've picked one option - outside funding, but don't seem to have considered anything else. As another example, you noted earlier: > Our solution is a very horizontal process automation platform that has the potential to adapt to a lot of different industries and company sizes with the goal to automate pretty much any business process. Your pricing model is $10/month. What other potential customer segments might there be which will pay 10x of that? In other words, getting funding from your customers rather outside investors might be an option. You haven't said anything about what you tried in that respect.
- oliverx0 7y agoFair enough. I quit a full-time job that paid a good salary because I was not fulfilled with the idea of working for someone else the rest of my life. So there is definitely more to it than the objectives I previously mentioned. I want to make a good living, generate a lot of impact, and have the freedom to work on my own terms. I see myself more fulfilled building a product than freelancing too. We have not tried to get funding from customers, but I think that perhaps the idea of consulting + finding customers willing to pay for a solution that has not been built yet is a good option to consider.