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You don't need to be close to it if you are willing to give up saving like you used to. If you can prove any traction I be you can raise a little money from FFF
by tiborsaas 4y ago
You don't need to be close to it if you are willing to give up saving like you used to. If you can prove any traction I be you can raise a little money from FFF for a few months more.
- ryanSrich 4y agoOkay let’s play this out. A few months is 2. For the sake of this hypothetical let’s say it’s 3. You’re saying that someone can build a product that’s capable of having investor level revenue within a few months? Or not even revenue, but more than 5 companies using it? This one person is not only building a fully functioning software product that’s capable of being useful to companies, but also doing high levels of networking to find those customers and users. They’re doing this all within 3 months? I just don’t see how that’s possible. The fastest moving early stage teams I’ve ever seen have gone to market in no less than 4 months, and that was with multiple people working on the problem. I think at a minimum you can expect it to take 6 months if you’re going at it alone. Certainly less if you have other co-founders.
- tiborsaas 4y agoI've built stuff in 2 months that was production ready indeed (3D apparel designer webapp) or I've built a video recording service that synced a PDF to your webcam over a weekend. Long story short, you can start sooner than quitting with research, prototyping. The key is to get the scope right. But I agree that "few" has a different meaning for us. I did suffer with sales, but that's another story.