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After 15 months, you should be able to evaluate where you are. Have you launched yet? If the answer is no, then you've likely let the project spiral out of cont
by rgbrenner 13y ago
After 15 months, you should be able to evaluate where you are. Have you launched yet? If the answer is no, then you've likely let the project spiral out of control. After 15 months, if you don't have what you consider an MVP, then you need to stop, and take a hard look at what is really needed and not. I don't know what you're developing, but it's probably time to strip out any half-developed features, and release what is left as a product.
If you have launched, then you need to have a talk with your other founders. Not about raising money (because that may never come).. but about the financial goals of the company; revenue growth rate; profit; etc, etc, etc. At what point are you going to meet those targets? At what point will there be money for a paycheck?
If the only financial goals you guys have is to raise cash for a project that will never pull in a dime, then forget it.. it's not a business.. it's a toy. Businesses exist to make money. You should have a solid plan for how you're going to do that from the very beginning.