Re:Founders: Burn Your Boats
by sushrutbidwai on Tuesday August 02, 2011 @12:39PM
(#2837726)
Even though most of the times its good to have resources to your disposal, but few other times it does make sense to burn your boat.
From my personal experience - I was running a services company which was very profitable and doing good. I tried building 2 different products in parallel but got no where. As there always was money coming in and I was moving far deep into a comfort zone to motivate me. Finally I decide to shut down services business to focus on latest product. Even though its still early, I have at least been able to get product in front few hundred users.
I think thats why having too long runway (excessive funding) has its own downside.
From my personal experience - I was running a services company which was very profitable and doing good. I tried building 2 different products in parallel but got no where. As there always was money coming in and I was moving far deep into a comfort zone to motivate me. Finally I decide to shut down services business to focus on latest product. Even though its still early, I have at least been able to get product in front few hundred users.
I think thats why having too long runway (excessive funding) has its own downside.