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  1. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    Still raising. Haha. Got a 58% round covered by investors but the remaining 42% seems to be far away, although, we have some ongoing discussions with VCs, there are very few, and does not seem to be likely to cover our round fully this year.
  2. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    There are many challenges but I think that all of them boil down to a product that we can build and its market fit that. Fundamentals really. Speaking of goals, we started Q2 as a less than 2 months old startup and I guess we were too optimistic about what we can achieve.
  3. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    I just reread what I wrote before and realized that it sounds like we are doing great. Not at all. We are just about to complete our Q2 review and we have not achieved any single objective that we set out to get done. Not the funding, not customers, not tech, etc. And in some areas, we are not...
  4. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    Ok, what happened in 1 month? At the time of writing this, things are looking brighter, maybe it's just summer. Funding. This is easily our biggest pain point, not because we are doing badly but because our expectations were way higher. We were hoping to close by end of June but instead, we are...
  5. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    Been some time since my last post. We are moving forward, but it always feels to me that we could be moving faster. Team. Now we are 6 people (4 founders, 3D Engineer, FE Dev). I have never appreciated more my network that I've built over time in real life and in LinkedIn than today. Remember...
  6. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    Funding. Now, after talking with 10 investors, we have an indication that our market value is 4-5m, although no one is at the stage to provide funding. That's mainly because we only have had intro discussions with them. Besides, we cannot raise any money right now because of the contract we...
  7. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    Funding. Things moving forward, yesterday talked with our first VC that I actually tried to raise money, and things looking good, however, remember the program we are in? We signed a contract that we need to give the first hand to the VC program we are in (6 months from starting date) and if...
  8. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    Side note, it's extremely hard to be disciplined when away from the home environment in another country. I am talking about workouts, wake-up/sleep cycle, healthy food, productive work hours, sticking to plans, etc. It's almost as if mind and body go into "it's just temporary" mode, although...
  9. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    It's been quite an amazing 2 weeks working on the "Metaverse" idea. We continued with the same team and traveled to countries to have the possibility to work together. Updates Family - my wife is having hard times without me and I realized that I made a mistake by traveling away again. It's...
  10. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    So I decided to move on with "Connecting physical commerce with the metaverse", I managed to founder from 1. team to come with me. But things are messy. We are 4 founders in the team that I think is too many, especially because none of us are fully covering Physical domain expertise and 3D...
  11. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    My wife and kid visited me for 1 week, which was nice but also took some time away from the work. It's been very busy, I am now having parallel discussions with 2 different teams on 2 completely different ideas. Two great team members I could trust my life but the area/idea (cannot be really...
  12. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    This week started with me feeling sick (common cold) and the fact that I had a flight to another country to meet with a potential co-founder to work together for 3 days on a specific challenge and evaluate if we want to work together on the Healthtech idea. After 2 days we realized that there...
  13. Stairs

    Road to my first business

    IDEA MINDSET PEOPLE SAAS / APPS EXECUTION 
    I am inspired by other members of thefastlaneforum.com who posted threads about their journey of building a company. I am starting this thread because my learnings might help others and it will help me to keep on track. I want to start from the beginning, that's where I am right now. At the end...

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