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Wouldn't hurt to just leave it as is, in maintenance mode. Especially since he built it for his sister. Or implement a 'pay for features' model where its kind
by jtfairbank 11y ago
Wouldn't hurt to just leave it as is, in maintenance mode. Especially since he built it for his sister.
Or implement a 'pay for features' model where its kind of like contracting work- anyone can request a feature and they are publicly displayed and sponsored, once the set value is reached then he implements it.
- trcollinson 11y agoCertainly, that is an option. Both of those are. And of course with a sister who uses it you might want to keep it going somehow for her. However, let's look at it like an investor. (I tend to think all entrepreneurs should stand back and look at their own business as an investor would). Is this a business? No not even close. This is a hobby. Would giving it $100,000 make it a business? Not without a substantial amount of work. Would the risk and reward play out correctly? No, the market is too small and there is no play there. Does the founder seem like he has learned something and would do well in another business? Yes! Absolutely.