Re:Ask HN: Bootstrapped business is good but slow growth. Sh...
by newpreneur on Tuesday November 18, 2014 @03:03PM
(#8625978)
wow. That is a coincidence. But every word is true :) How long you been doing this ? And yes, would love to share notes. How to contact you ?
Re:Ask HN: Bootstrapped business is good but slow growth. Sh...
by tbrooks on Tuesday November 18, 2014 @03:15PM
(#8626052)
2.5 years. Yeah I think I could be at $1mm ARR in 3-4 years if I was full-time. I'm just too risk averse to make the jump from my current gig.
I've tried hiring a full-time salesperson to grow the business, but it's just really hard to find the right person.
[edit] email me at my HNusername at google's mail service.
Re:Ask HN: Bootstrapped business is good but slow growth. Sh...
by general_failure on Tuesday November 18, 2014 @07:39PM
(#8627445)
It's hard only if you are being very stingy about the money. Have you considered taking them in as a partner (which they are as employee < 3)
Re:Ask HN: Bootstrapped business is good but slow growth. Sh...
by tbrooks on Tuesday November 18, 2014 @08:07PM
(#8627562)
Not stingy, just picky.
I have an offer at for $60k base with $100k on-target earnings. I wouldn't say that's stingy at all.
Re:Ask HN: Bootstrapped business is good but slow growth. Sh...
by phantom_oracle on Friday November 21, 2014 @10:45PM
(#8644654)
Depending on whether or not you need a "localized" sales guy and where your location is, isn't $60K a lot of money for Americans too?
I would think that finding "one perfect guy" may be the ideal tactic in an ideal world, but when one wants to scale a business to go from $7000 p.m revenue to even a modest $21,000 p.m, then even 'mediocre' sales people that speak well enough in your chosen language of your market could sell your product.
$60K could probably hire 3 people from East Asia?
Re:Ask HN: Bootstrapped business is good but slow growth. Sh...
by general_failure on Tuesday November 18, 2014 @09:24PM
(#8627868)
Agreed :) stingy was not the right term for what I wanted to convey..
Wow this described my situation exactly.
Same revenue, same costs, same lifestage (2 kids, mtg), same high paying job, etc.
I've found some ways to make the process even more self-serve than it already is, maybe we can compare notes?