| Definitely #2. Here's what you're advantage is: access to good, cheap developers. Everybody and their mother is trying to find good, cheap developers. You are the bridge. Don't go the traditional consulting route though. Here's your strategy: provide a one-stop shop for a biz dev founder 'looking for a co-founder'. You can't fart without finding 10 of them. Only pick ideas that can be quickly monetized (no social, mobile BS...stick with B2B SaaS applications). If you can float the cost of development (i.e. no out of pocket expenses for the biz dev founder), you take a nice chunk of equity. You get IP rights (unlike a traditional consulting gig) and you hold the keys to the kingdom (i.e. you keep all source code on your servers under lock and key; biz dev person doesn't get access to source code unless he/she writes you a big check). Think of it like a technical incubator, where all you're looking for are ideas. This is a really powerful business model I think you could really knock out of the park!! Let me know if you need any help on execution! And keeps us posted on your progress. |