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by michokest
4367 days ago
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We are a three people team of founders. Two of us live cheaply while traveling, so we keep it very lean, and one of us is living off his savings. Here's the breakdown of expenses: - $5.000/mo for paychecks
- $2.000/mo for marketing
- $800/mo for freelancers
- $500/mo for software and hosting
- $500/mo for operational expenses
- A 10-20% margin for things that come up At a $10k/mo burn rate currently, and being on track to make $1k on our first month, we only plan to go as low as $100k in our bank's balance. We are being extremely cautious and saving money for future projects, because we want to avoid raising funds in a need. |
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