1 year, 4 months ago
What do you think of my startup company? Should I continue or should I quit?
It's in the fully working prototype stage, running on http://alpha.beepl.com:8889/
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M$1 Answer
I'm not able to see what your start up company is, but as with any business it takes time to develop and to drive traffic to your company. First thing you must ask yourself is this business set up to purely make money or is it driven by your passion. Time and time again a common denominator among those who are successful are so because they follow their passion.
Second question is can you lose any more money on this project? If you've invested a bit of money and need to continue to pour money down this business, can you afford to do so?
Thirdly, is it possible to sell the company? Allow someone to buy you out and cut your losses?
But I would really consider the fist question - is this start up company something you are truly passionate about because it will show in how you handle your business, clients, etc. This decision no one can make for you, except maybe a certified public accountant. Might want to look into that.
Second question is can you lose any more money on this project? If you've invested a bit of money and need to continue to pour money down this business, can you afford to do so?
Thirdly, is it possible to sell the company? Allow someone to buy you out and cut your losses?
But I would really consider the fist question - is this start up company something you are truly passionate about because it will show in how you handle your business, clients, etc. This decision no one can make for you, except maybe a certified public accountant. Might want to look into that.
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
Great feedback. Thanks!
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