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by lifeisstillgood 4816 days ago
Firstly go buy Steve Blank's "The startup owners manual".

Secondly, you have a big idea, but what is the one thing that above all else will totally convince everyone to buy? Web-based HR for SMEs? Well its the recruitment system that everyone fusses over.

Build that, in 1 month, with just a OpenID login and stripe integration.

If you cannot have 2 customers on there by June 30 giving you cash, its not a winner. Pivot.

Got 2 customers? Great. Get on AngelList and then you can afford to hire developers, be picky, and still not risk the roof over your kids head.

You are setting yourself up to spend a lot of money that should go on children's clothes and holidays, and throw it in a hole. It does sound a lot like you have made up your mind and want some justification. DOes your partner support this? Please read the post recently about 40,000 USD and 100 USD.

Sorry if I sound harsh, but you most definitely do not have to build it all before it works.

And if you want to hire people or get funding, a working system with paying customers makes that orders of magnitude easier. - http://en.wikipedia.org/wiki/Steve_Blank

1 comments

Thanks for your input, I'll have to pick that book up. I read that 40,000/100 post a day or two ago, definitely worth the read, but it doesn't fit my scenario. My company has been in the industry for over a decade, I've been working in the industry for nearly 20 years. I have paying customers who use the system I built and would pay more for the system I am proposing. A company that is offering just 1/4 of the SaaS system I want to build is charging $1,000 - $5,000 a month per client.

I also own a few websites that are in the industry, one is 1st page in Google for most the key words/phrases. I can get the traffic. I have a database of tens of thousands of current users that would be easily assimilated into the new system. Someone is going to build this system or one like it eventually, the need is there.

I have 5 months of free time and nothing (important) to work on so if you would consider working with someone as partner and not just someone you would pay to complete the project email me at gehn@gmx.com

btw You should add email to your profile.