This was an excellent discussion. I haven't gone for investment but I went directly to get customers and survived for a bit until covid19. All customers and revenue stopped and I pivoted, got PPP and went into survival mode - The "donation" I received from a non-profit said that they wouldn't fund a "2nd" round since the cause was valid but their members don't see the immediate benefits. That was 8 months ago. The pivot seems to promising but needs time and capital to successfully market. So I'm in "No Man's Land" of sorts. Sometimes I feel I didn't hit the true market I should have hit but it seems too late to do so since the $$ is running out. It really is time to cut bate. I'm giving myself 3 months to at least get a contract/job and transitioning this business to a side hustle. Thoughts?
This was an excellent discussion. I haven't gone for investment but I went directly to get customers and survived for a bit until covid19. All customers and revenue stopped and I pivoted, got PPP and went into survival mode - The "donation" I received from a non-profit said that they wouldn't fund a "2nd" round since the cause was valid but their members don't see the immediate benefits. That was 8 months ago. The pivot seems to promising but needs time and capital to successfully market. So I'm in "No Man's Land" of sorts. Sometimes I feel I didn't hit the true market I should have hit but it seems too late to do so since the $$ is running out. It really is time to cut bate. I'm giving myself 3 months to at least get a contract/job and transitioning this business to a side hustle. Thoughts?