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Positive Thinking....
Jul. 3rd, 2013 01:17 pmSo, we're not selling the company this week. Or at least I don't think we are. I got a bill on the flat in the UK for 350GBP and our incompetent letting agent led me to miss the mortgage payment, which I'll fix tomorrow when I've got the money I need in the UK. Note to self look into Xoom.com - I can't afford $40 a wire, I really really can't. Plus the owner of the flat downstairs (we own the upstairs of an Edwardian terrace) wants to paint the exterior. It's more than overdue and I suspect it won't be too much, but still, timing and all that.
However, let's look at things in the plus column:
1) We're still trading, which for a small bootstrapped startup after 3 years is cool
2) We're launching a new product this week - and we've already had a VC meeting about it and they are interested and made a bunch of rocking introductions immediately after the meeting
3) Our largest client has more work for us, but I'll need to ride them hard for getting the SOW signed to avoid delays in payment
4) We have lots of potential clients still in the pipeline
We have a goal for the next 2 quarters which if we reach we should be able to re-exit.
However, let's look at things in the plus column:
1) We're still trading, which for a small bootstrapped startup after 3 years is cool
2) We're launching a new product this week - and we've already had a VC meeting about it and they are interested and made a bunch of rocking introductions immediately after the meeting
3) Our largest client has more work for us, but I'll need to ride them hard for getting the SOW signed to avoid delays in payment
4) We have lots of potential clients still in the pipeline
We have a goal for the next 2 quarters which if we reach we should be able to re-exit.
