(no title)
pickle-wizard | 3 months ago
My other issue is that it is just me sitting at my home office working. I don't really have anyone that I can talk to. I started this venture after I took a sabbatical from work, so everyone IRL just thinks I'm unemployed farting around the house all day. Whereas I am working 6 days a week, I'm just not getting paid. I have tried to join some online communities, but there are just people stumping for their own start ups. I am considering joining a coworking space next year that is geared toward startups. The problem is that is also expensive, especially considering that next year I have to pay full freight on my health insurance.
Right now I am living off my investments. I have done well this year, but like others I am starting to be concerned that we might be in a bubble. I am pretty conservatively invested, but it would suck to have a prolonged 20 or 30% draw back.
I really need to bring on a cofounder to help with business development. Though I have to find someone willing to work for equity only as I don't have enough cash to pay them a salary.
So I guess you could say money is one of my biggest struggles.
DarrenDev|3 months ago
moomoo11|3 months ago
I think your advice worked back in 2010-2018 when the bar was very low.
My audience literally didn’t want to use my product because while it was solving their problem it didn’t have the same level of fidelity as their current stack. So I had to spend a lot of time improving it.
These days the bar is so high. Unless you really do find something unique that has not been technified.
These days it’s mostly a David vs Goliath style of battle.
written-beyond|3 months ago
At the end you'll get a chance to pitch and get 100+k(varies by location) in seed and then another shot at getting funding.
Tbh their deal is doodoo compared to YC but it's a lot less competitive and you'll be out of the rut you're in right now.
As for the MVP taking time... I think it's perfectly fine, probably better even. The bar to impress it's very high now, specially since llms have made it pretty easy to add polish. I completely understand that feeling where you've already whittled your idea down to it's bone but you still can't get it done. That happens, I've faced that same problem numerous times. Whenever we thought we'd done enough we'd go out to testers and they'd point out the exact rough edges we'd intentionally tried to ignore to ship it out faster. Most of the time those edges put off people completely.
All you need to know is your target audience. If it's enterprise, having that added polish will make or break your deal if they're larger companies, specifically when they're customer 1-2. What won't matter is having 1-2 more metrics in a dashboard or maybe a customizable layout. But let's say you're report generation is a csv file that's generated client side with nothing asynchronous or email based, that would raise some eyebrows about the expected quality of service. This isn't to say you won't have understanding and patient customers, however you'll always have to earn it first.
Get the basics right, make sure it's all functioning together well and hopefully it'll all go well. The hardest part is always bd, that's where you'll truly start to feel like Will Smith walking around with your bone density scanner.
ricardonunez|3 months ago