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Sounds like you're certainly more keen on the startup than the consulting. I'm in a similar situation, where I do a little contract web development as well as b
by joelg87 16y ago
Sounds like you're certainly more keen on the startup than the consulting. I'm in a similar situation, where I do a little contract web development as well as building up my bootstrapped revenue-generating startup on the side. My plan is to stay bootstrapped, but build up the revenues to a point where I can focus fully on the startup. It will take a little longer than if I had angel investment, but I believe it is totally worth it, and I have already managed to drop my contract work a little.
What I'm intrigued about is whether you believe you can't build up the startup to ramen-profitability and drop the consulting work without getting angel investment? If you can, then why would you not hold off the investment until that point?
Another related thing I'm wondering is whether you agree with the wisdom of "get investment when you don't need it" and "leave it as late as possible"? It seems like you could drive up the valuation if you waited.