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by pickle-wizard
203 days ago
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My biggest issue at the moment is that development of the MVP is taking way longer than I had initially thought. It's just me working on it and it has turned into a real grind. I am just so ready to get this done. I could hire contractors, but quality contractors are expensive and cheap ones don't deliver quality. Either way I would be burning runway and I'd rather save my money for later. 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. |
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