| I’d recommend fixing your startup. Take a look at it this way, you survived one of the weirdest economic times and we are on the precipice of a massive boom. Your problems likely fall into one of three categories with known fixes: 1) You don’t have a recurring revenue model, I’m inferring this from we did a couple hundred k in rev but eventually it didn’t work. Solution: figure out how to move to recurring rev. 2) Your product has a fundamental problem that you aren’t fixing to deliver value for your customers. Solution: find out why they left. Fix it. Use those customers as testimonials / references for new customers. 3) Due to economics you were unable to acquire more customers. Solution: reinvigorate your sales team. If you’ve survived the last two years you can survive another two in the new economics. I would recommend taking a month to three months to get your head back in the game. It’s virtually impossible that your product is so niche that you’ve exhausted the market after a couple hundred k in rev. |