3 ms·
I assume you are looking for motivation. This thread might provide some https://news.ycombinator.com/item?id=11924009 https://news.ycombinator.com/item?id=11924
by n_t 6y ago
I assume you are looking for motivation. This thread might provide some https://news.ycombinator.com/item?id=11924009 https://news.ycombinator.com/item?id=11924009.
There are many examples of successful single-person startups (forgetting a recent example of a person who ran SaaS product single-handedly for over 4 years and then expanded). However, you can only bootstrap like that. To grow bigger, eventually will have to hire people - which means money, which means either VC or customer - which means tonnes of work in building products/building relationship/shipping product etc. I guess, if startup success rate was 1% then solo-founder startup success rate must be 0.01%.
- archibaldJ 6y agoGreat point. And thanks for the link! Yeah I think I need to mentally prepare myself for many years of no disposable income before this thing takes off. Sustainability comes first. I've been trying to do too many things at once (designing + coding + writing + content marketing + sales here and there + taking care of admin stuff as well as product research) and experimented too much for scalability and ended up burning out at a higher rate than expected without getting anywhere revenue-wise. So yup I've experienced first-hand the physical limits of what I can do and the importance of being able to hire without dependencies on angels and VCs (i.e. having more capital). I need to go super niche and unscalable now and focus on acquiring paying customers only. And take some freelance work here and there and save up :)