| Don't throw money on an idea .. way too risky if you're not technical and you don't have a technical co-founder. That's not how things work. Programmers can afford to start startups because the biggest chunk of investments comes from their own talent; the fact that they can sit down and hack something. Business guy + idea + money + employees? Can't imagine that working out very well. Unless the idea is simple enough and the technology is not in itself the main product. I mean, seriously, you spent 14 months on the idea? How do you know it will work? Sounds to me like you're putting all your eggs in one basket. This is another reason why programmers can afford to start startups: they can change the idea quickly, and they wouldn't be in a position where they invested a lot of money in the previous idea. Where as, if you just hire developers to develop your idea, and then it turns out that it won't work very well, you'll be in trouble because you now wasted all that money on it and you don't want to just throw it away and try something new. OK, maybe you will be able to switch your idea once, but you can't do that all the time, you don't have this flexibility. So get a technical co-founder. That's my only advice. |
I hear you. The reason I'm pursuing the project is because the product is nontechnical, cheap to build, and has mainstream appeal. There is no rocket science involved here. I'm taking existing tech and combining it in a new way that I think (and everybody says this, I know) could be really exciting.
I am looking for a technical cofounder and I might have one with my current coder. We're just phasing our way through the initial build of the site to see if we work well together. He's had some success on previous projects but we just met a couple of months ago. It's going to take time for us to figure out if we can work well together. Things are going well so far, so that's encouraging.
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Edit Note: I don't know why the comment above was downvoted. I tried to upvote it but it stayed at 0. No offense taken by me whatsoever.