5 ms·

I know I can get lots of customers very quickly, I'm turning business away. My issue is letting them down because I don't have the resources to support them. (m

• rwallace 12y ago
  In that case it sounds like your problem isn't lack of capital, it's that you're undercharging. Probably by a lot; technical people, due to whatever quirk of human psychology, almost always massively undercharge. Given that elsewhere you say your customers are huge companies, I would suggest increasing your prices by one or two orders of magnitude - hard to be more specific without knowing details - and seeing where that puts you.
  • read 12y ago
    (off-topic: can you answer something I asked you?) https://news.ycombinator.com/item?id=7545852 https://news.ycombinator.com/item?id=7545852
    • rwallace 12y ago
      Done. At least I think so; it gave an error message when I posted the reply, but the reply seems to show up anyway, let me know if it doesn't show up for you.
• fraserm 12y ago
  Is your issue that you need cash to fund business expenses or a developer to add features to grow the product? If the latter and you are confident in quickly adding revenue why not offer some equity/percentage of profit in lieu of salary? If the product is interesting you should be able to find someone willing to take on the risk. The whoishiring thread would be a decent place to start.
  • davidfm 12y ago
    It is definitely the latter. The business has next to no expenses (just me and my family!). I'll take a look at whoishiring again. Maybe I can persuade someone to work in that manner for a few months till I get the sales flowing. Thanks v. much Edit: just went through April's whoishiring. Is it common to ask for equity in lieu of salary? Do developers really consider that?
    • HerokuMan 12y ago
      Can you put up a contact e-mail?
      • davidfm 12y ago
        david.miller.hn [at] gmail.com
• david927 12y ago
  If you're sure you can get the business to support it, then go to the bank and get a loan. If you aren't able to do that, you're probably stuck slowly bootstrapping. (You're asking for advice, but it's hard to really help because you haven't given a lot of details.) If you have 20 customers after years and it's not profitable enough to hire more developers, I'm guessing you'll have a hard time finding investors. But I don't know. In all cases, I wish you luck and hope you find what it takes to get lift-off. I know how hard it is. Edit: You might want to take a look at http://www.cofounderslab.com http://www.cofounderslab.com
  • davidfm 12y ago
    I looked at cofounderslab a while back. Can't remember what stopped me completing it then. It seems to have evolved a lot. Thanks for replying, much appreciated. Edit: CoFoundersLab looks really hopeful David. It's just gone down for updates but I liked what I saw - thanks again!
    • david927 12y ago
      Happy to help! My email is in my profile if you have any questions at all. Again, all the best of luck!