Startups Anonymous Est. 2013 · Read-only archive
Confessions

Invested $80K of my own money. 3 1/2 years later still working on the project. Can’t launch! I know I’m pushing it.

13 answers from the community

AAnonymous· May 2, 2014

Uh, yeah. You should've launched for feedback with spending little more than $0.

AAnonymous· May 2, 2014

Did you just read that or have you actually done that?

AAnonymous· May 3, 2014

I've done that. You should've launched.

AAnonymous· May 3, 2014

Yeah...same old dilemma. I'm a non-technical founder. Just recently found the right people to help on my project but not after spent ton of money on bad helps. Well...what can you do. Even though I found the right people, expecting more spending to complete the works. Getting really close though. Thanks god!

The biggest ROI? I have learn a ton too!

AAnonymous· May 3, 2014

I love your grit! Keep pushing and when you make it work come back and talk about your success here :)

AAnonymous· May 3, 2014

Yes sir/madam. Thanks for the encouraging words! Definitely will come back some day. I'll not give up for the next 3 and 1/2 years. Probably more.

AAnonymous· May 5, 2014

Launch but don't give up. Embrace the feedback and make it better.

AAnonymous· May 5, 2014

Hey man. I am in your boat, but fortunately once you are that far down quitting simply isn't an option any longer. Gotta keep on pushing through now...

AAnonymous· May 5, 2014

Quitting is ALWAYS an option. After I spent 8 years and about 100K trying to get my startup some traction (yeah I'm a bozo), I finally quit. After I quit it became so clear to me why that idea never had a chance in hell and I should've quit much earlier.

Sometimes persistence is the answer. Sometimes its the poison.

AAnonymous· May 8, 2014

"Sometimes persistence is the answer. Sometimes its the poison."

Amen to that. Therein lies the rub.

AAnonymous· May 8, 2014

I put in $180k and three years and recently walked away. I was totally burned out, and while the business model was still valid in my mind, I realized that I was now the road block. I stopped work immediately.

My health is a wreck and my credit rating is bad enough that I have little chance of finding an apartment in SF, especially given that I have a dog. (OK, admittedly my credit sucked when I started too.) I have been staying at a friend's place for a year and have well extended my stay. But I had no options.

Walking away was the right thing for me. I'm not saying it is for you, but more than anything else, make sure to be compassionate with yourself.

AAnonymous· May 14, 2014

Launch now with the version you have and do your first build-measure-learn phase. After that you'll have more information what do next.

AAnonymous· Jun 2, 2014

3.5 years? why not create a mvp and get feedback and refine before dumping more cash on something nobody wants?