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And now for some unsolicited "advice": Pitch it to your clients; i.e. start selling to buyers, cut the funding phase out. My family and friend have contribute
by mahmud 17y ago
And now for some unsolicited "advice":
Pitch it to your clients; i.e. start selling to buyers, cut the funding phase out.
My family and friend have contributed money to my project, but nothing gave me the boost in confidence and the rush of excitement as that $95 I got from my first user (I charged my second client $950, btw.) I had to look at it several times, iterating between my spartan 'admin panel' showing one registered user, and my paypal account. I was so alpha I didn't even have a thank you message template, I wrote it with all my family sitting behind me.
If you start your business while consciously looking for funding, you will optimize for fund raising instead of turning profit.
At the risk of sounding snobby/trollish, I am a bit dismissive of funded startups. I treat them like trust-fund kids. If it is worth doing, it's worth keeping it all to yourself.