Variant 1: A friend and I were out of jobs and eager to test an idea we had about local real estate which had the potential to scale. I raised 25k in seed money from family. That person was more biz/sales oriented and we hired one of our other friend who had experience building software. Both of them became lazy and uninterested after a few months and quit as soon as we ran out of money. I worked at it for almost a y…
Thank you for sharing...way to be persistent and not give up! Hate when I see founders seemingly giving up too early because they don't see the instant success/traction of the lucky few. On another note, I wanted to ask about the admin/personal assistants. Why were these roles necessary at this stage in the company? Asking because I'm seeing more of this, but even with the funding I've raised it's still a hire I don'…
About the hires, it depends on your business and where you are I guess.
In my case the idea was a new way of marketing new constructions online. I managed to get 23 new home developers as client. That along with the 900+ prospects I've qualified and followed up with during the year.
Combine that with the fact that I was the only one working on the website and our system in general. kept me extremely busy and I needed someone part time to hold the books and do the small monotonous tasks.