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That's the thing, I work full time so that my business is default alive - I see myself doing this in 10 years. It being able to pay it's own bills from the fir
by rozenmd 2y ago
That's the thing, I work full time so that my business is default alive - I see myself doing this in 10 years.
It being able to pay it's own bills from the first month was encouraging, but I don't really have a framework for when to give up
- rglullis 2y agoWell, if you have some other revenue through some full-time then any time horizon is fine, but is it really fair to put yourself in the same type of conversation as your competitors who've raised money?
- rozenmd 2y agoI guess it's true, I'll be around in 10 years, they probably won't be.
- rglullis 2y agoCockroaches are also likely to survive all sorts of catastrophic events, yet we don't think of them as somehow competing with us. I'm not trying to engage in a battle of wits. I'm just saying that there is no win for you by outliving these competitors. The idea for you (I hope) is to turn your business into something that can be your main business and not something you do on the side "just in case". If you think in terms of ROI, how long are you willing to keep working on this without it being profitable? Ok if you say "5 to 10 years", but if you say "as long as I can", then this is not a venture, this is just a nice hobby.