Taxious wrote:And to Minute: I don't have much entrepreneurship experience but I have been on the other end of that "I have an awesome idea and want you to develop it for free / super cheap!" line a few times. I am backing what the others are saying and think that is a really bad approach for a startup business..
And how the hell do you have $200k just floating around in cheese?!
My mother came up with a pretty good idea when I was a kid because we were poor as fuck. I started working when I was like 7. Driving a hay truck & mowing lawns in the summer, cutting wood in the winter. Odd jobs elsewhere. All the money I've ever made goes to an uncle of mine who invests it in long term, low risk stuff. CD's, bonds, mutual funds, shit like that. I don't keep up. Anyway, the deal was that whatever money I put in never gets taken out. The only thing I ever saw was the returns. Seemed shitty the first decade or so because I was working my ass off & was still poor, but by the time I was leaving highschool the dividends were at least as good as a shitty job. Which is good because that's pretty much what I had all through college. Never the less, the checks kept getting bigger because any money I didn't use got reinvested along with my constant income from whatever job I was working. Then after college I started making some decent money.
Anyway I'm this is turning into a novel. You get the idea, I have a bunch of money invested in shit & a constant income & really I don't even understand it but I always work & there's always money for me to doink around with. I prefer the simple life, nawmean?
Btw... just an update, we have 3 employees hired & working & a very shitty alpha version, but it's kinda cool. I'm pretty uninvolved at this point but we've been doing our meetings in Google+ Hangouts & it's fun being involved.