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There are two questions that have to be made now. First of it, Do you really need to make this decision now? Second, Does your new web service has any revenue
by dudurocha 15y ago
There are two questions that have to be made now.
First of it, Do you really need to make this decision now?
Second, Does your new web service has any revenue stream? See, if you launched a web service, that need to be monetized later ( as tumblr, posterous, facebook), 100k visitors will not pay your dinner. But if it is a freemium model, maybe you can think of quit your current job.
My two cents for you: Wait a bit more, if its something that has potencial, start looking for investors, and after this you go full time.
- ahmedaly 15y agoI see a potential for it.. I am talking about 100k visitors as a start.. is it a good sign to make it in full? I will rely on Amazon AWS to reduce costs... and I can fund it for the next 1 year.. so I can cover it as well.. and I have a hope that it will reach 2Millions by the first year.. I am just afraid and worried.. but I want to do it quickly, because I had ideas very similar to friendfeed, and other online startups, but I was surprised that these ideas grown quickly and I was still thinking about it.. although I thought about it before it appeared.
- dudurocha 15y agoHow much do you earn having 100k visitors? 1 cent, 0,1 cent per user, or you are actually losing money? Even with AWS, you have to try to monetize those users, and profit. Well, don't be afraid of that. It's not because someone had 'your' idea, that you have to be in a hurry. I think you shouldn't be so afraid that somebody would take your product away. Even more, I think if you are afraid of telling others about your idea, you have less chance of making success. I'm excited to know what your product is.
- lazerwalker 15y agoThese are definitely the two questions that are relevant right now. If you don't have revenue, you're likely best off waiting to go all-in until you have more data to make a more informed decision. If you do have revenue, that changes a lot of things.