5 ms·
It sounds like you have two separate problems: 1. Your company is growing slowly, and you don't know how to accelerate the growth. 2. You live in your office
by nobody_nowhere 17y ago
It sounds like you have two separate problems:
1. Your company is growing slowly, and you don't know how to accelerate the growth.
2. You live in your office and don't have a way to change the situation.
Approach the issues separately. It's hard to get into specifics on either one without knowing more.
Could you move the company out of your apartment by finding cheap shared office space? Could you find a roommate situation to exact yourself at the same time? Can you just bite the bullet and get a mortgage?
For the first one, it sounds like you're not confident in your ability to grow due to larger competitors. How long do you want to bootstrap for? Sit back and figure out how to make a bigger move. Ask people you trust for help. Ask them to refer you to people they trust and find thoughtful. Look at your market from a different angle. Look at different markets. Make a plan that you believe in and use it to get investment. Don't be afraid of money.
It's going to be tough to explain to someone why investing in real estate for you is better than investing in real estate just for themselves. Tackle the issues separately.
- tiredofrenting 17y agoThanks for the reply. More revenue solves problems. I think the core problem isn't growth though. It's the expectation of a really high rate of return on angel investment. I was really wondering if taking investment for fixed asset purchasing was typically done. From the general silence, it sounds as if taking out a mortgage would be the most practical thing to do. I appreciate the consideration put into the reply. Food for thought, especially in the second last paragraph.
- nobody_nowhere 17y agoThe angels I've met are looking for stratospheric upside when there's high risk. Proven, ongoing revenue puts you in the driver's seat. You've cut the risk of an investment dramatically relative to a buying into a couple of 22 year old guys with just a wacky idea that has a minuscule chance of a 100,000% return. You need a different kind of investor than the ones who are playing startup roulette. They're out there. There's a lot of money looking for a new home.